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MONDAY ISSUE UNIVERSITY OF MICHIGAN 2 1951 PR ADMIHiSTRATIOH BUSINESS LIBRARY Reg. U. S. Pat. Office Volume 173 -''v ■a' Number 4999 New York, N. Y., Monday, April 2, 1951 Price 90 Cents General Corporation and RAILROAD PUBLIC UTILITY - INDUSTRIAL - INSURANCE - Aberdeen Petroleum Corp., Tulsa, Okla.—Files— The SEC corporation covering the market at March on 5,000 shares (about $5 filed 14 letter of or selling stockholders. No of goods Operating Profit ; Other 1950 sold ___ expenses from 1949 operations $ 14,029,991 income 14,127,334 525,707 33,459 184,134 2,340,622 of come sub. co 84,843 income 28,776 8,239,582 3,639,025 Dividends paid in cash 1,982,000 1,000,000 — ♦Dividends paid in common stock— Earnings per common share outstdg. ♦100,000 a shares at $12 share in 1949.—V. share a 1,000,000 in 194$ Montreal 1,200,000 $4.12 and $1.82 Stock SBC Securities, Inc.—Sale Authorized— March 15 authorized the transfer of corporation to Bullock Fund, Ltd., in exchange for s equal to the value net the of On Dee. 31, * of Aeronautical .38 __40 ... found the reasonable.—V. terms 173, p. of the transaction proposed be to March on filed 23 February— from from Net ry a letter of notification with the Net Net —V. 109,988 50,783 879,829 and Vice-President , $418,695 53 Reserve Banks Welding Co. is 1948 of which 45 55,864 50,604 103,894 709,905 203,780 864,422 990,671 and 395,114 and new 129,266 104,765 108,670 193,676 United States Savings Bonds Issued and Redeemed Through February 28, 1951 e in are has 235,381 1— railway railway oper. income— 56 At stockholders to Profit March on will then Algonquin Gas 6 * approved be a issued.—V, 173, Transmission See New England Gas & p. income Dec. 31— Net — Common -"dividends (& . •Includes $ $ — Common shares outstanding Earnings per common share 18,755,461 ♦15,441,523 1,168,001 8,177,371 5,030,976 2,515,562 $6.99 was International Telephone Mackay Radio with pi operations 1949 $5,759,169 223,151 $5,229,538 113,388 $5,982,320 2,700,000 $3.22 $800,000 andNtlscr" inclusive, 101, & & Telegraph the Corp. Telegraph Co., Companhia an A. C. Portuguesa will It & and States corporation, be Radio Por¬ associate* of operated by subsidiary, R. in con¬ Marconi.—V. 173, " ■ » Co.—Earnings— is of 26 before $3,282,320 to 1,472,980 outstanding 591,356 591 356 share $5.59 $5 52 10,846,009 taxes ♦Net profit Dividends paid Common shares per 5,572,000 - outstanding common share before Total income taxes Federal income — taxes ♦Before reduction net ir income carrying from prior value of year's securities tax of $4,155,820 1,955,000 shares Earnings per common 171, p. 2021. on a March 29 for the adjustment (net) less subsidiary.—V. 158, a rejected the two bids received underwriting several time the company has invested funds in 23 projects, active, consideration to a wide variety of new products Capital funds prior to this financing finance. connection $72,342 as with as the 300,000 of March the the hands authorized shares of common 16, sale of the said of shares but after the payment of its offering additional shares of its to common of dealers' discounts and commissions., INVESTMENTS^—The amounts and types of investments in each Twenty of the companies—Airborne American Coating Chemicals Corp., American Polymer Corp., American Resinous Chemicals Corp., Baird Associates, Inc., Berry Motors, Inc., Carlon Products Corp., Cleveland Pneumatic Tool Co., Colter Corp.,. Control Engineering Corp., Exmct Electrical Corp., Flexible Tubing Corp., High Voltage Engineering Corp., Jet-Heet, Inc., Paul Valve Corp., Reaction Motors, Inc., Snyder Chemi¬ cal Corp., Specialty Products Co., Tracerlab, Inc. and Ultrasonic Corp. —were in commercial operation during the year 1950. Of the fore¬ company, are shown herein below. Laboratory, Inc., going companies, Airborne Instruments Laboratory, Inc., American Coating Chemicals Corp., American Polymer Corp., American Resinous Chemicals Corp., Baird Associates, Inc., Carlon Products Corp., Cleveland Pheumatic Tool Co., Control Engineering Corp., Flexible Tubing Corp., High Voltage Engineering Corp., Jet-Heet, IncM Reaction Motors, Inc., and Tracerlab, Inc., operated at a profit in their fiscal years ending in 1950. Berry Motors, Inc., Colter Corp., Exmet Elec¬ trical Corp., Paul Valve Corp., Snyder Chemical Corp., Specialty Prod¬ Co. and Ultrasonic Packers, Inc., Corp. filed a operated at voluntary a loss. petition In in December, 1950, bankruptcy. The St. Louis Listed and Unlisted Securities Edward D. Jones & Co. Established stockholders of 339,674 additional has already invested funds, rate that will require new funds. company 300 North 4th company the sale ot new projeets directors may investments in $21.14 p. 736. Rejected—The as 195,500 American Gas & Electric Co.—Bids for Common Stock — paid Common from such 2,700,201 $5,274,009 2,737,000 195,500 26.85 taxes - desirable, in projects about $5,000,000. (par $1), Island $7,017,777 6,856,021 $3,252,926 1,526,965 income for Federal and State income investments such future 1931, 218.385 shares were issued and public,. Of these 218,385 shares, are held by j insurance- companies, - 44,000 shares by investment companies, 13^000 shares* by educational institutions and 8,000 shares by industrial corporations. • : . : The 81,615 shares now being offeredv are the unsold balance of 166,500 shares registered with the SEC on April 22, 1949. The 84,385 shares previously sold were- sold' at :a.*publie offering price of $25 per share with an allowance of $1.25 per-share to-any dealer selling the same. The company realized: $2,049,782 from the sale of said 84,885 shares. Said sum of $2,049,782 is before expenses totaling $21,724, in ucts 1949 1950 $11,011,465 income make in Instruments 1945, $5,342,926 2,090,000 —: income —V. 995*563 : to of United the this by 12 American Cigarette & Cigar Total Profit $21,536,146 $20,727,848 15,776,977 15,498,310 expenses Net income tax years - 1941 between March 101. •Earnings Net circuit announced on $5.67 for inventories and 1950 sales Dividends the Year Ended Dec. 31— reserve Co.—Earnings— Year Ended Dec. 31— from for 10, 1951, as a stock dividend.—V. 173, p. radiotelegraph new tugal Prov. credits profits excess $500,000 995,563 $5.17 ... American Cable & Radio Corp.—New Circuit— A 2,515,562 $8.72 an Alpha Portland Cement Profit of ... 4,024,744 appropriation of $1,269,579 to other contingencies.—V. 172, p. 2477. Income 786,287 1,991,126 t2,938,080 — 1,168,001 2,516,824 Common dividends paid operating States United taxes junction Total 1. Earnings per common share—. 1948 23,119,853 1,167,996 — Preferred dividends paid Net $3,987,844 787,705 *2,986,689 — Common shares outstanding— Subs.)—Earns, 1949 343,698,400 351,097,878 328,101,328 47,019,853 - 33,205,461 26,241,523 23,900,000 14,450,000 10,800,000 taxes Provision for income taxes , 1949 5,987,844 2,000,000 Financing— 1950 sales income paid. Common stock dividend • additional $ Profit before income , . $5,939,289 taxes.^.^.,. incomtf nr?rtTr— of -APreferred dividends paid..—— " ; Ended 1950 12,339,289 *6,400,000 n—r-i- : 197, Co.—Plans taxes Electric Association below.—V. 173, p. 1169. Allis-Chalmers Manufacturing Co. ♦Before Co. the nation's largest- manufacturers of make, if deemed processes outstanding in 23,000 shares, .$106,578,958 $91,734,580 — income before tissued Jan. Net stock (& Subs.)—Earnings— -A-,• Year Ended Dec. 31— Net sales A outstanding stock certificates to the Nashville Trust Co., Nash¬ 3, Tenn., following receipt of transmittal letter from the bank. New. certificates Net Oil v approximately $2,000,000 to and which the under amounted American Brake Shoe Co. , Year ' one of used expanding at the present 961. plan for liquidation the company and a reduction in the "par value of the capital stock from $20 to $10 per share upon the payment of a liquidating dividend ,'©! $10 per-share..". •:« y'.; Th*s initial liquidating payment will be made upon presentation of ville Standard BUSINESS—Corporation is a publicly owned venture capital company, organized in 1946, to provide independent financial support for that comparatively small percentage of new ideas and developments which give promise of expanded production and employment, and an in¬ creased standard of living for the American people. 205,009 , be consideration and approve, Federal Reserve System $499,685 sharea will under companies 45 ... Condition Statement of Member Banks of Federal and State the of and, PROCEEDS—Proceeds now —45 company The director share. 111,120' Alabama Fuel & Iron Co.—Liquidation Approved— ♦ a March 29 headed these Combined Condition Statement of Federal has called for redemption on May 1, next, $116,000 of its first mortgage 3%% bonds, series A, due Nov. 1, 1967, at 100%%, Payment will be made at the Guaranty Trust Co. of New York, trustee, 140 Broadway, New York 35, N. Y,—V, 173, p. 1057. • and other CAPITALIZATION—Of ' and Ethyl Corp. and Worthtngton Pump & Machinery Corp. Ripley & Co. Inc., and Estabrook & Co. an underwriting group which offered 81,615 shares of common stock (par $29): at $27.50 per on 44 Foreign Exchange Rates Alabama Great Southern EE.—Partial Redemption— This according Co. American Research & Development Corp.—Stock Of¬ 274,489 income— Jan. p. 1949 $340,416 109,931 from 173, ' 1950 $413,510 from ry. Pipe Line fered—Harriman Redemption Calls and Sinking Fund Notices—45 Dividends Declared and Payable 45 convertible notes due March 31, 1951 railway railway oper, From Gross 34 i State and City Bond Offerings The Course of Bank Clearings Akron, Canton & Youngstown EE,—Earnings— Net States in addition, produces demountable truck and tractor circular welded products in its 400,000 square foot plant. During the last war the company turned out wheels and drives for tanks,-jeeps and half-tracks. The company* was organized in 1926 as an outgrowth from liquidation of the old Hydraulic Steel Co.—V. 173, p. 197. i J...33 . Gross director of .this company, a the United of Ohio. bicycles rims General Corporation & Investment News-Cover 1961, to be Issued at par (in denominations of $100, $500 and $1,000 'each), without underwriting. The net proceeds are to be used for working capital. ■j ' . elected President Jersey.—VM73, p. 1269. Cleveland of Miscellaneous Features fair 961. SEC covering 665,000 of 10-year 5Vz% 4. until good trustee. the 42 .43 ; National Quotation Industrial Stock Averages.33 Air Power Publishing Co., Inc., Tenafly, N. J.—Files— The corporation • be was Commission - Markets.. 34 Aeronautical had net assets amounting to equivalent to $7.78 per share. The shares of Bullock received" by Aeronautical will be distributed pro rata to stockholders of Aeronautical, and Aeronautical will be dissolved. The and will of the 25-year-old. Cleveland- Welding Co., of AMF is paying $9 per share for capital stock of Cleveland Welding, of which 400,000 shares are outstanding. Con¬ summation of the deal was dependent on acceptance of the offer by owners of at least 80% of the: shares of the Cleveland company. More ; than the required percentage has already been deposited with —.J—^39 Transactions New York Curb Exchange Dow, Jones Stock and Bond Averages.. shares of Bullock assets of Cleveland, Transactions New York Stock Exchange this of "rights" Director— a President. . is former a subscription f Haslam is to be offered to stock¬ at $52.25 each, in the ratio of one new places the gross value of the offering at 30, acquired:* ownership 1940, which $1,369,026 • share. , 37 Toronto Stock Exchange—Curb Section deducting liabilties assumed by Bullock). (after " the assets on capital' stock . cents per American Machine & Foundry Co.—Acquisition— In a $3,000,000 cash transaction, this company on March 37 Exchange.. Toronto Stock Exchange 1,000,000 shares at $1 173, p. 377. New ' Aeronautical 73 36 __37 Montreal Curb Exchange.. Over-the-Counter The First Boston Corp. and associates named or This T. Haslftm has. been director a He 35 L ^ held. Stockholders' / Philip Sporn Mr. 34 San Francisco Stock Exchange 765,000 1,000,000 . $9.73 R. to 34 Exchange Philadelphia-Baltimore Stock Exchange Pittsburgh Stock Exchange 15,733 18,369,381 — Stock March 15 Haslam Elected 34 Los Angeles Stock Exchange.— 1 Net ... Exchange Midwest Stock Exchange Minority shareholders' equity in in„ $247,962, of record each April 17. 26, —31 Detroit Stock Exchange. 34,185 5,149,135 Stock Cincinnati 252,162 19,405,900 taxes Boston 6,281,727 669,923 13 (Bonds) New York Curb Exchange 96,072 38,563,606 (Stocks) New York Stock Exchange 6,185,655 97,343 of for $17,747,966. New York Stock Exchange 6,853,526 196,226 holders share Page 66,764,265 53,725,084 38,367,280 ___ Profit-sharing bonus Interest charges and miscellaneous Prov. for Fed., State and Canadian income compensation stockholders, vThe 339,674 additional shares are Stock and Bond Quotations 1948 $ 230,397,661 112,004,251 176,310,542 87,028,653 15,719,839 10,945,607 Income Total 565, or 71.999 cents per share. The bankers, for this compensation would have contracted to purchase from the company any shares of the offering not subscribed for by $ Cost will proceed with the offering with¬ underwriting, he added. Union Securities Corp. and associates asked a compensation of $244,- In This Issue underwriting (& Subs.)—Earnings— sales The company out the benefit of a Year Ended Dec. 31— Net the MISCELLANEOUS - stock. with notification capital stock (par $1) to be offered $6 per share) for the account of Russell F. Margaret Kerr Hunt, two involved.—V. 172, p. 1925. Admiral Corp. a of >anc] is CopJ a 1871 St., St. Louis 2, Missouri Members Phone New York Stock Exchange Midwest Stock Exchange CEntral 7600 Chicago Board of Trade ~ New York Curb Exchange (Associate) Bell Teletype SL 593 •v ■ WUS. LIBRARY 1 //$ • The Commercial and Financial Chronicle 2 (1370)) companies four remaining in UNDERWRITERS—The in V n c oro underwriter are as & Co. Inc.— & Co 5,000 2,000 May & Gannon, Inc — Carl McGlone & Co., Inc.— 1,000 Sons— 5;000 Meeks, Reddoch & Co., Inc. Clarke Corp..*. 4,000 Merrill, Turben & Co ... Perrin, West & Winslow, 1,000 5,000 Rollins Blair, Bradfoid C. J. Alex, „ & Brown Richard W. Clayton Securities Cohu Co.. & Poole & Co Scranton & Co_, & Harris, Schmidt, 1,500 Draper, Sears & Co Chas. W. 1,500 Bodine__ Crouter & Sills, Co.— 2,000 Win, P. Harper & Son & Co. 1.000 Spencer 1,000 500 Stein Higbie & Co—— Bradley Adams Kinoley & —V. 173, 1,500 — (Del.)- -Seeks Extension of petition for reorganization involuntary of holders sales N income per mobile and equipment. •Net outstanding — share——— common ,v. and includes profit on the sale of invest¬ subsidiaries of $615,729 in 1950 and $94,894 in 1949. two additional shares of share profits on the sale of investments in subsidiary consolidated net income amounted to 78% cents per for 1950 as compared with 77% Per share for 1949. net income for the company, as a separate corporation, for the NOTE—Excluding share The includes net Feb. Borden Co. of common stock outstanding.—V, shares 2,704,472 were 1949 1950 Years Ended Dec. 31— 8,200,978 15,731,165 447,432 $61,207 17,184 for Prov. exp. taxes income- Fed. on income Net $68,963 '•$28,416 76,218 56,406 21,276 (net) property ; : 469,454 been 172, p. 19,179,427 4,291,000 $5.10 4,300,000 $4.46 said, the was totaled 1950 funds of use to the Internal Revenue Cods.— chiefly used be the of equipment, replacement the for at $200 : underwritten; but the company reserves the right to sell any unsold shares at private sale or to an underwriter at not less than $10 per share. /V!./..; 1 • :Of the proceeds, $250,000 is to be provided a new subsidiary to complete its $950,000 of capital financing ($700,000 having been provided through bank loans); and the balance of the proceeds will added be offering The privileges). to 5,792,611 504,904 Taxes rents Equip, Joint fac. incorporated in Delaware on Dec. 22, the business of producing and selling Tintair, a Tintair at the present time is sold in a package ^containing two bottles. One bottle contains the color essence and the ether the releaser. The contents of the bottles are mixed just prior to V application. another and part retire to capital of funded debt.-r-V. portion of a the issuer or 173, be may Net * Gross Net Net —V. : —— Total income deducts, 173, 3,955,540 3,545,677 —__ _ 9,837,772 9,211,803 3,614,310 3,089,023 & activities strative Net This company in monies due Nov. made 15, N. called sinking 1863 1, the at York the has Y.—V. fund, $148,000 101%% at Central and Hanover 171, redemption for ;.. •" 1, 1951. out of mortgage iirst accrued Bank & 3%% interest. Trust Co.. Broadway, ' . Period End. Feb. 24— Sales > . ' ■/' ' 1951—4 Wks.—1950 ; —$2,710,968 NOTE—The fxd. above sales CONSOLIDATED $120,875 $445,714 figures New RESULTS FOR ' *$422,660 - 550,168 *$146,499 551,600 *$104,454 $5,596,958 those Gross chgs— 1 Shoe CALENDAR VOTING 183,434 186,590 366,917 before Profit Provision income taxes— Federal for —— income - ~ taxes- Net <,$606;Q94 *$333,089 *$471,371 % at The The TRUST—On Net .profit $1,446,670 dividends Common dividends Common shares Earnings —V. per 173, p. I— I—Z paid— paid———.. .720,637 common 858. share - *, .. 216,316 V . 222,568 h, 417,510 ~_~~ " "■ , $2.95 417,510 417,510 $2.08 March filed 19 shares of The a SEC common Co., Ltd. (& Subs.) 1949 1950 at produced their March 29.—V. Thei manufacturers of hot 1,000,000th booster 172, p. 1342. Commercial Wihiam Dana offices: 135 and *•. Financial water $123,884,473 $33,222,001 $31,758,803 (est.)—— dollars shown in p. 2118. operating results as of exchange.—V. 172, rates Year Ended sales Net Profit Dec. to corporation on covering 23,333 $15 per 92,125,670 share, California pump Fed. before Federal taxes Chronicle (Reg. U. S. Patent at Seibert, La President; Salle St.* future date be deposited under Elizabeth, La.—Files— March 21 filed a letter of notification with the, shares of common stock (par $10), to be offered underwriting. The proceeds are to be used to finance expansion. 1950— company headed Writing terms Net are proceeds of 4,100,000 Crl.410,000 March 1,550,000 • Net Total ^profit ; * dividends Common shares Earnings per — . — $1,934,895 t$3,968,637 *$1,213,957 007,230 „ 211.432 , * 522,517 942,990 942.990 942.990 outstanding *' " Book common •Loss. 15, 1951, construction is program of valuation 1950 were at Dec. 31——, of Office) William $332,000 B. 22.478.950 6,096,628 11.822,573 $1-97 - • 27.252,989 7,496,553 3.6 3.7. 2.5 _ "Lifo" method Net'profits for calculated' on the the company, adopted the the metal content "of mill inventories. ' of Ja«. Dana 1„ 1950 less 172. p. March if than they had 1626. Company, Publishers, been . . With Registers t. \7 •*. 25 Park Place, New York 7, and- to program are expected undetermined 19 pay loans, bank to nature and of 1951 This securities, of which, as $700,000. Expenditures for the expected to approximate $4,200,000. aggregated program require the sale of additional amount.—V. 171, p. 1142. Galumet & Hecla Consolidated Copper Co.—Earnings Sales Net " " eral Federal Net 1950 1948 1949 1947 $46,948,761 $25,401,515 $29,181,603 - before earns, income incoihe 3,000,949 969,466 $1,110,641 $2,031,483 413,654 1,240,962 $0.54 $0.98 7,443,434 taxes— 3,600,000 'earnings — paid—„^ Earns, com. •Loss.—V. 1,678.641 568,000 taxes- Dividends per $26,047,5ll Fed- $19/33 $17.87 ,r at Dec., 31— at Dec. .31*.——. TAs $22.69 29,162,423 yalup~per share „of ppra,. .stock l abilities "Nil-- $4.14 ■ share— — Commission— Elyth & Co.. Inc. The offering price and underto be supplied-hy amendment. " the stock sale are to be applied to the company's construction 1951 •!' on by group r x taxes ton Co. Telephone & filed a registration statement with the f{ SEC covering 40,000 shares of its $25 par common stock. vThe stock is to be offered for public sale- through an underwriting 1946 1949 Water share-*. $3,843,434 1,654,616 . $1.86 **1,172,027 Cr475,00G . *$697,027 None Nil • • 173, p. 858. (Continued on page 6) N. Y., REctor 2-9570. Herbert D. Seibert, Editor and Publisher: -with statistical - issue on-Monday]. Other Reentered by William B. Dana Company Members of Pan- William D. Riggs, Business Manager. Published twice a week [every Thursday (general news and advertising issue) a Chicago 3, 111. (Telephone STate 2-0613); 1 Drapers' Gardens, London, E* C., England c/o Edwards *& Smith. Copyright 1951 as second class matter February Subscriptions in United States, U. S. Possessions, 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879 American Union, $45.00 per year; In Dominion of Canada, $48.00 per year. Other Countries, $52.00 per year, must be made in New York funds. NOTE: On account of the fluctuations in the rate of exchange, remittance for foreign subscriptions and advertisments S. some without $91,864,457 $54,745,806 $74,875,560 3,484,895 8 ;0 68,68 7 income*2,623,957 income——.— on previous, basis.—V. , will Securities and Exchange The at taken are ' I 1950 31— customer® CurrentT^at/o heating specialties, have it was announced on ... common agreement. to retire indebtedness and . / operation——— .—'I* $133,998,466 depreciation, amorti1 capital and other charges^ — 100,776,465 from Current/^sset) Bell & Gossett Co.—Produces Millionth Unit— company, of . letter of notification with the stock (par 20 centsi to oe $2 per share through Gearhart, Kinnard & Otis, Inc., New proceeds are to be added to working capital. revenue Current This 50,000 shs. shares 172,250 1951, 14, Calcasieu Paper Co., Inc., * $1,089,192 448.824 _Z outstanding— • March stock—B common voting trust Calendar Years— Preferred 268,750 shs. 55,000 shs. of the Board cf Directors and President; Carl Byoir, Chairman of the Executive Committee and Vice-President; Phil Kalech, Senior Vice-President; Leo Strauss, Executive Vice-President and Treasurer, and Francis C. Reed, Secre¬ tary—V. 173, p. 962. to . 7.',:.. /." Cicero, 111.—Files With Exchange Commission— on earnings average 1949- 4 (par 81) 9.140 shs. • - OFFICERS—Martin L. Straus II, Chairman *$564,996 150,000 NOTE—The YEARS 1,039,525 Outstanding 300,000 shs. New York, N. Y., and Martini L. Straus II, 677 Fifth Ave., New as voting trustees under a voting trust agreement entered as of Sept. 8, 1950. The agreement is to continue in force for a period of five years from Sept; 8, 1950, unless earlier terminated. 374,032 Co. $59,163,124 $57.088441 2,486,195 1,809,329 —_ . into the • Bridgeport Brass Co.—Financial Highlights of 1950 — ———— ' ni. 7 St., * Year Ended Dec. 31— Sales stock—B (par $100) $1) (par ' 10,000 shs. stock, (approximately 79% of the total number of shares of commqn 7 stock outstanding) were held in the name of Carl Byoir, 10 East 40th 173, p. 562. corporation za'tion, V $4,796,502 Adler of FINANCING PRESENT TO ' *$190,964 267,374 Brazilian Traction, Light & Power ' « stock Common HV'V " 12 Months Ended Dec. 31— 1951—8 Wks.—1950 $2,420,923 include ' stock pfd, cum. Common $360,636 charges covering * - $163,715 196,921 Operating expenses, est. (A. S.) Beck Shoe Corp.—Sales Up 12%— EFFECT GIVING of 1457 p. SEC York. Payment 70 .5% Foote Gear Works, Inc., Brad bonds, will be on 122,954 V."'' 'H i/.-'n 7% income offered ■■■ May demption— $322,760 (rentals, •Deficit.—V. 8,039,468 7,138,099 Partial Re¬ — its research parts of 62,420 *$157,566 — Securities and Charlotte Air Line Ry. Co. activites formerly conducted n New York, ts adminsuch as accounting and purchasing, and the major and product development activities. its shipping City, 599,190 58,838 142,860 265,094 after The Atlanta 684,507 *$21,985 etc.) Contingent 962. p. int., $39,313,806 $32,671,747 $86,454,764 $69,097,526 income— ry. oper. income— The product York, N. V., Gross 1951—2 Mos.—1950 1951—Month—1950 The Authorized *$209,761 52,195 income. oper. ry. Other income used Atchison, Topeka & Santa Fe Ry.—Earnings— Period End. Feb. 28— portion of the mixture cannot be used at package presently sells, at retail for $2 plus Federal is "fair traded." unused An time. local taxes. The company has recently leased a building at 250 Hillside Ave., Newark, N. J1., and is presently in the process of consolidating in this building- its warehousing activities, those conducted in Long Island , 1269. p. company, engaged in coloring. hair : Inc. in 30,d83 (Dr)__ stock repay CAPITALIZATION 293,079 34,555 338,169 (Dr). rents to $225,000 is home • not is working general expenses % proceeds sold- the are BUSINESS—The V1949. $5,927,548 $14,185,061 $12,489,707 5,142,733 11,815,590 10,656,015 1,008,367 1,303,366 479,166 $6,456,006 and ten shares of common stock v 1951—2 Mos—1950 1951—Month—1950 revenues 'Operating Operating \ will be used approximately as bank loans presently outstanding; $300,000 for machinery and equipment for the Newark plant (including installations), and $475,000 for working capital. .::„7v:" offered follows: RR.—Earnings Period End. Feb. 28on unit;" per PROCEEDS—If all of the units of preferred stock and common how $6,000,- 'V'- \ year. Boston & Maine -Registers With SEC- Inc.- March speculation" to friends and acquaintances a share of preferred one Mr. March 21 filed a registration statement with the 21 SEC covering 78,556 shares of common stock, no par value, which is to be offered for subscription by stockholders of record April 25, 1951, in the ratio of one new share for each four shares then held, at the subscription price of $10 per share (plus oversubscription corporation ^ company's the • capital ex¬ for pay capital expenditures In L951 are expected to total for during IMontague said the proceeds of a $80,000,000 issue of 30-year 2Ve% debentures was used to retire outstanding long-term loans of $45,800,000, including $30,800,000 of 1%% promissory notes and $15,000,000 of 3% promissory notes. The debentures alto provided about $12,733,000 of additional working capital, and now constitute the com•pany's sole long-term indebtedness,—V. 173, p. 1058. • •; the 1729. Artloom Carpet Co. 13. President, of 5,000 shares of 5% cumulative preferred stock (par $100) 50,000 shares of common stock (par $1) in units of . The April record of Rains, nand $138,453,720 preciation accruals in 1950 amounted to $10,400,000, and were 000-less than the amount required for capital expenditures *$49,692 made under the carryback provisions of pany V. has provision retirement cm and redemption for Bymart, Inc.—Stock Offered—The company on expansion of markets and the development of new products. Deprecia¬ tion accruals will provide only about $11,350,000 of this amount. De¬ for Federal taxes on income owning to the deduction for tax purposes of the loss cn the sale of mill property and equipment charged directly to earned surplus, which loss resulted in an estimated refund of prior year's taxes due the com¬ tNo •Loss. to $18,000*000 t , $12,557 $596,746 —— — . F. months 26 offered "as penditures. Authorizations $1,142,419 mill 31, Dec. at President, tague; ' Inactive call to shares 5,000 stated that indicated earnings for the first fiscal year which began Oct. 1, 1950, v,will .approximate. $950,000.. This would be approximately equal to $2.92 per common share, after preferred dividend requirements.— :v. '173,: p. <474. --.v. % •; L. and current liabilities $37,103,615, leaving a balance of $101,355,105 as net working capital. This was 5% less than the record high of $106,653,894 in 1949, The chief, reason for the lowered working capital, Theodore G. Mon¬ *$45,600 7,756 I or 10,21?) ; (net) income 21,890,479 outstanding— assets Current 544,037 $1,152,664% income Operating Other ■ '■ votto have 1951, 30, stockholders - 23,817,448 10,638,021 4,300,000 $4.69 — shares ' 10,323,809 1 493,960 admin, and genl. exps Selling, ' Partial Redemption—Estimated — of the outstanding 7% preferred stock at $110 per share, .plus accrued and unpaid dividends. The stock to be. redeemed rnd retired will be determined by lot among preferred , 34,761,241 12,870,762 35,878,238 Earnings per share $8,709,617 $10,822,246 $10,561,497 freight and cash discounts — 8,914,872 of goods sold———___2—— t income Capital 1948 ; sales, less returns, allowances, Cost Net ! h • Byers Co. $ 20,147,073 taxes—1 income Provision for income taxes Gross letter of notification with the stock,. to be- offered at par The proceeds are to be used * Corp.—Earnings— American Writing Paper a 1,500 directors The 631,114,119 613,763,267 649,592,375 — before Profit 2377. p. 1943 $ -Vi.$ sales Net 172, Ariz.—Files With SEC— filed 20 March on Earnings— 1949 1950 (V • (par $1) for each made on that date.— was . June Up—Earnings Off— 31— 1951, 26, share t, per (A. M.) 316/311 each of covering six -Sales (& Subs.)- Ended Dec. Year subsidiary. a There to 1951.—V. 171, p. 471. . ment in Issuance the March record of held corporation (flCO stock at the rate of three shares for common 1951.—V. 172, , 1070. p. shares of common without underwriting. develop mining properties. r SEC work and the transfer of $318,611 from surplus account account. The stock distribution was voted by the 28 to become payable March 29, 1951, to holders of stock on record March 26, profit approved 3 9 stock, the common / , Burney Mines, Inc., Tucson, already held, capital directors amounted to $1,700,510, or 63 cents per share, cents per share, respectively. The net income for of $300,716 on sale of the company's invest¬ years 1950 and 1949 and $1,768,375, or 65 1950 to the companies, Maich 011 /, ■ / on record March 19, distribution of one share of common stock shares 173, The (II. C.) Bohack & Co., Inc.—300% Stock Distribution— stockholders Distribution— declared recently was about for The charges, and •After taxes ments in $1.02 ,——— $2.21 746. p. 1951, to holders of y ■ , stock two % ' productions orders for B-52s, and the acceleration of programs already underway, Mr. Allen stated.—V. 173, p. 562. 2,196,655 2,704,472 $0.81 2,748,253 2,704,472 — per 172, Burlington Mills Corp.—50% Stock Distribution— the by dividend stock 10% A Details of these studies are not yet available. the new buildings and machinery has been brought required. - $26,350,886 $25,333,482 — income shares are 1,233,645 $2.22 —— dividends.—V. preferred 2373. P. company's Plant Engineering Department and the Austin Co. conducting surveys to determine what new buildings will be Need I,9*® 1950 31— operating revenues Common share (E. L.) Bruce Co.—10% Stock A machinery and - . 2.909.5*7 — outstanding common payable April 30, 172, p. 2378. new 1950 $36,059,355 2,914,201 1,263 645 ; - . * equipment will be acquired for use at the company's Seattle and Renton plants, William M. Allen, President, announced on March 24. Orders already have been placed for $4,500,000 worth of the required machinery, tools of worth $10,0C0,000 than 1951 taxes shares •After Boeing Airplane Co.—To Expand Facilities— Subs.)—Earnings (& American Water Works Co., Inc. Year Ended Dec. Earnings after Earnings The Gross t ■■ the More the on $39,319,757 Ended jam 31— ——%*!- Nt t interested persons until April 12,. 1951, to request The SEC has given and the share per Bigelow (& Subs.)—Earnings- Brown & Fiscal Year Common hearing upon the application.—V. a property. general mortgage and collateral trus* income 6% bonds due March 1, 1951, on which the March 1, 1951, interest of 3% has been held up pending abovementioned reorganization pro¬ ceedings, have been asked to assent to a plan of reorganization which provides for the extension of the maturity date ol the bonds to March 1, 1966. As of March 6, 1951, holders of approximately 85% of the bmds had assented to the extension.—-V. 167, p. 1507. company's the The $2,50 preference 758. p. of first $5 new Ridge Corp.—Seeks to Buy Stock— The corporation on March 28 filed an application with the SEC for an exemption order permitting its repurchase from Atlas Corp. of 67,000 shares ol Blue Ridge common stock together with a warrant issued and dated May 18, 1937, entitling Atlas to purchase from Blue Ridge 228,301 additional shares of Blue Ridge common at $20 per share. The consid¬ eration to be paid by Blue Ridge to Atlas for such securities is $268,000. under Chapter 10 of the Bankruptcy Act was filed Feb. 16 in the Federal Court at Chicago, 111., and subsequently a petition was filed seeking appointment of a trustee for 173, dividends preference stock. $1.50 per share on the new $3 second stock and $3 per share on the $6 preferred stock, all pay¬ able June 1 to holders of record May 23, 1951.—V. 173, p. 853. running approximately one-third ahead are company 3,000 Bonds— An this of declared have directors The first the V. 5,000 Co.— Co., Inc & , t.s yet deposited their certificates but who wish to do so. Applications will be made to list the new preferred stocks common stock in New York, Montreal and. Toronto. net Blue Silica-Sand Co. American & Walker II. 2.000 Boyce—- — & Bros. Stroud G. 657. p. Co.—-.— Trask & The. company has extended the offer of voluntary exchange to expire on April 30, 1951, to holders of $6 preferred stock who have $2,435,483 1,960,920 1,855,408 stock and first preference representing one share of new $5 of $3 second preference stock. share one 758. p. plan tificates quarter 1950 sales of $22,447,374, the previous firstquarter record, James DeCamp Wise, President, announced on March 26. Profit margins will be lower in the first quarter because of increased rates for Federal taxes on income and higher raw material costs while selling prices were frozen for several weeks at the Jan. 25 level. It is anticipated, however, that the 1951 first-quarter earnings on the common stock will be reasonably close to those of a year ago.— ^ Inc. $2,362,395 operating income—: charges 173, Sales of 1.000 & duPont I. Franhs — Bigeiow-Sanford Carpet Co., Inc.—Earnings Hold— 1,500 Fairman 1 after —V. 1.500 1,500 500 HopwoodSaunders, Stiver & Co.— 1,000 Co.— Townsend, & Kaven De Net Net 500 : „ Piper, Jaffray & 1,500 & Dain M. J. Inc. 1.000 - Co, & House Curtiss, 1.000 Corp.... Newton & Co.—_ Ler.tz, Whittemore, President, on March 28 announced that the com¬ of \ recap talization has become effective. Voting trust certificates representing 126,780 shares or about 88% pf the $6 preferred stock had deposited their certificates pursuant to the plan and will receive in exchange for each such share voting trust cer¬ 28,206 29,519 F. pany's $17,508,181 $15,637,305 12,812,515 11,431,846 2.333,271 1,769,976 — Operating expenses Operating taxes 5,000 1,000 500 Corp.—— Higginson Lee Ripley & Co., Inc. 11,058 Estabrook & Co.——.*— 11,057 • L. $17,537,700 $15,665,511 :—-— Operating revenues Shares Shores • Monday, April 2,"1951 . Co., Berlin, N. H.—Recapitalization Effective— Brown 1950 1951 k Uncollectible operating revenues— shares Harriman V , Operating revenues several underwriters of the to be purchased by each of tito names the number of / follows: / and stock common ' Month of January— 1950. Pennsylvania—Earnings- Telephone Co. of Bell development of stages rying were . . C 73 . Territories and Volume 173 *. Number 4999 The Commercial and Financial Chronicle , (1371)- 3 ADVERTISEMENT- II N I T E D ADVERTISEMENT SI A T E S A Review of the Year ST E EL the land—was the outbreak of including needed to the defense of the American for the year. At December creates illusions that Commenting in any estimated war that, quite 'issues, and aside from the business shifting of is certain a of The I our of in of the that estimate that years abundantly terms of was followed. In financial results, for example, U. S. Steel during the five war years (1941-45) averaged a profit of only '4.1 per cent of sales, despite an average operating rate of 94 per cent of capacity. In the five postwar years (1946-50) U. S. Steel averaged 6.3 per cent of sales, despite an average operating rate of 89 per cent of capacity. In contrast, there World to earned War was 80 per cent peacetime prior history in which it its sales when its oper¬ -was-no S. such years in fifteen rate U. year or better; and the average for which U. S. Steel's operating 80 per-cent or better was 13.9 per cent was Restoration of the prospect of of sales. should be peace our immediate national endeavor, if this goal can be attained without appeasement or sacrifice of fundamental prin¬ ciples. War should be undertaken only it may replacements than its total of its facilities, U. and exhaustion wear 31, 1950, $678 million was the to complete all authorized required ities had Of this amount, 1950, $250 million of U. S. Government aside for property and subsidiaries at States December 31, 1950, was ily million of Government securities segregated for prop¬ erty additions and replacements referred to above, $95 million of which was segregated in 1950; it also excludes balance of million $14 remaining in war the fund of costs. about 170 miles of river transportation are under way. Dock, plant and town sites have been selected and rights- Long-term debt of U. S. Steel at December 31, 1950, $60 million, excluding $5.8 million of bonds covered deposits of-way secured. as a Production and Steel for Defense ness mark from and time dustry produced million The at to an time during the annual, rate of year more fact tons Ingot production in 1950 amounted to 31.5 million tonnage than U. S. Steel produced in previous year. It represented 98.2 per cent of U. S. the that steel industry has 100 million ingot ton mark reached be can cent more than per was Oliver any Shipments of finished steel products during the ■t amounted 22.6 to million net tons, a greater year amount Steel's production and shipments of steel prod¬ ucts during the pre-Korea first half of 1950 reflected the.backlog of demand that had accumulated during the industry-wide steel strike of the preceding October and November. Ingot production during the first six months of the year averaged 97.8 per cent of capacity, but by midyear the backlog of demand had been largely satisfied. Before in decline a important, the demand for steel became Korean War started. During the latter half of the year steel production advanced steadily to reach a high point of over 103 per cent of rated capacity and steel operations averaged 98.5 per cent of capacity for the six months' period. The large demand for steel products in the latter half of 1950 was not directly attributable to defense orders placed by the defense establishments. Orders received by the sub¬ sidiaries from these governmental sources represented only however, very a the small fraction of their total sales for the Many buyers undoubtedly sought steel, and prod¬ ucts made of steel, out of fear that such purchases would not be possible at a later date because of scar¬ year. cities, the imposition of priorities and allocations. or Financial Results Income for 1950 $215.5 million, was or a return of 7.3 per cent on sales, as compared with income for 1949 of $165.9 million, or a return of 7.2 per cent on sales. Sales for 1950 established per and share $3.55 dividends times the new world the combined. steel estimated countries It is more taxes in production of Russia 1950. and its the only little of announcements that made by various mem¬ no fixed and to c 7 Commerce' Sawyer given to a Congressional Comr;7 :tee last October, the peak military requirement occurred in 1943 and was at the rate of 53 million ingot to conceive how could war lack any of there enemy, or The any made the 7 per cent cumulative preferred stock share on the common stock. All such aggregated $117.9 million. Income for 1950 on per no ucts. As peak group received this ore by railshipping capacity improve and maintain schedules provide maximum safety of operation. Steel Prices and was no steel. have To increase Great Lakes Pricing Methods Between December 1949 and December 1950 U. S. Steel military project military re¬ quirement of 1943 is less than half of what the steel in¬ dustry's capacity is expected to be in 1952. It is difficult that for normally tional aids in order to tary suffered season carrier of the most modern types. These vessels scheduled for completion in time for the 1952 Great II, according to the testimony of Secre¬ tons annually. In ; unusually short navigation Lakes shipping season. In further improvement of these shipping facilities, two of the vessels in U. S. Steel's Great Lakes fleet are being re-powered. The entire fleet has been equipped with radar and other modern naviga¬ goal In World War crippling effect stone ingot capacity has placed would are will have been installed in this country. This will bring the nation's steel capacity up to 118 million tons a year. Furthermore, the steel industry on total steel capacity. a ' subsidiaries of U. S. Steel have contracted for the con¬ struction of three new ore carriers and one new lime¬ industry since the outbreak of war in indicate, that by the end of 1952 more than tons of additional steel ownership arid mining of ore deposits. of this kind 'ran have sold water routes. the steel seventeen million and will later be tons of iron ore, including 5.6 million by U. S. Steel to other steel producers. The 37.3 million gross tons also includes 1.5 million tons that were shipped by rail directly from mines to steel plants more" than that have been on an tons over 100 million ingot ton production rate has not caused the steel industry to halt its expansion in these days when an adequate defense is so vital. On the contrary, that Steel 37.3 million gross Russian Achievement Korea S. on the 1950, caused by adverse weather condi¬ tions, Oliver Iron Mining Company shipped a total of annual capacity and bers of Ui Great Lakes in orbit currently is estimated to be half the steel production controlled by the Axis powers in 1943. a ore projects. upon new Despite American The levied Onerous taxes than three superiority over the Communist countries in the production of im¬ portant alloy steels is vastly greater. Steel production within another and foreign iron ores. A major cost in iron ore mining operations over which U. S. Steel has no control is the general increase in the prices of its steel prod¬ result of concluding labor settlements at the a end of November 1950 with the United Steelworkers of America (CIO), which raised U. S. Steel's employment costs by approximately 11 per cent, the steel producing subsidiaries announced increases in their prices for vari¬ ous steel products, effective on December 1, 1950. The of enemies, present any real problem to this nation so far as steel for defense is concerned. increases varied with the many products produced, but taken as a whole averaged approximately 5Vz per cent. high record, aggregating $2,956.4 million, or $654.7 million in excess of the fig¬ ure for 1949. "7'7'w\ 777:V77"7r 7-7- 7V'' V' '*77(. Dividends declared for the year 1950 totaled $7.00 a of Company, sponding experimental taconite milling plant are under detailed study. It is hoped that these experiments will result in a product that can compete with other domestic produced by • satellite than in any previous year. U. S. rest Mining to conduct experiments on the final stages of the taconite refining process. Specifications for the corre¬ ,iiiy 1944. It is approximately equal to the estimated steel Capacity of the nego¬ used peak wartime production of this country capacity at the beginning of 1950. Iron ity of 500,000 tons of refined iron and of deep industry in 1939 yrhen World War starting. It is about 12 per cent more than the II Steel's rated annual hoped that these experimental combination sintering and nodulizing on the Mesabi Range. It will have an annual capac¬ an 100 the American steel net tons, a greater was It is plant nearly 90 or points having the cost and competitive¬ subsidiary, has started the construction in Minnesota of tons. passed the ore. several can be concluded shortly and construction opera¬ tions then commenced in Venezuela. the in¬ than of Venezuelan iron on being conducted with are on tiations important milestone in the history of the Amer-* ican steel industry was reached during 1950. The indus¬ try's annual ingot capacity passed the 100 million ton An satisfaction to the American people in these uncertain times. One hundred million tons of steel is 47.2 million Shipments Government Venezuelan long-range, major effects last resort; activate but it is not likely to profit the Amer¬ ican people. Negotiations the trustees. 7 77 with century. one Orinoco Mining Company was organized in 1949 to develop and operate U. S. Steel's iron ore properties in Venezuela. Studies of a proposed shipping route involv¬ ing about 90 miles of railroad to the Orinoco River and was by redemption iron-bearing Known and of Working capital at December 31, 1950, excludes the $250 the hard a The raw material problem is thus primar- x of cost, of the development of known properties, providing facilities for efficient low-cost process¬ ing and assembling of necessary tonnages of the mate¬ rials at steel plants. 7 Corporation $441.8 mil¬ lion, compared with $483.8 million at December 31, 1949. originally $100 million set aside for capable of be¬ by American steel mills. Discover^ rock containing supplies of usable iron ore, coal and limestone, either now developed or subject to future utilization, are sufficient to" produce more steel in the years ahead than has been produced in the past half Steel is about one-third iron. Working Capital and Debt y Working capital of United Taconite ore. re¬ placements. , use materially to the world's known reserves. In addition, progress is being made by persistent research into means of utilizing the abundant domestic reserves of taconite secur¬ additions and owing to the business foresight of other members of the steel industry in ing developed for been been set and ies by U. S. Steel and others of large deposits of iron ore in Venezuela, Labrador, Canada and Liberia have added of a S. Steel earlier years there is no foreseeable shortage of known iron ore reserves in the ground which are Steel's less than 8 per cent on ating rate the in II and never can correctness over the end of economy. that demonstrated cold cost fleeting prosperity in a disruptive capital that lives Raw Materials $307 million of defense covered, at December 31, 1950, by necessity permitting amortization of the 60-month period following completion. At had certificates fe" result War uncertain to cause a de¬ cannot be replaced for years be replaced. The manage¬ ment of the United States Steel Corporation is con¬ vinced that the first requisite for the attainment of a •lasting prosperity is peace and the prospect of enduring peace." '7;/7; "• struction <and Other imported foreign ores could be used It is fortunate that and later described. facilities appropriate to state humanitarian and moral seems orders represent onlv war war "It in Venezuela. excess additions, including the new inte¬ grated steel mill at Morrisville, Pennsylvania, which is ' reaffirms that statement: to more amount replacements enduring prosperity. its Annual Report for 1939 on the influence of the war •then unfolding in Europe, U. S. Steel asserted, and today an additions $35.4 million or people. Its management, entertained for by the plant. contributed in the past—over the fifty years of its existence—and will in the future contribute its utmost never million Property Expenditures has however, has $31 Annual Report for 1950 During 1950 U. S. Steel expended $179.3 million for in Korea. U. S. Steel war CORPORATION were $234 million, profits taxes. by the Chairman Undoubtedly the most important single development of 1950 affecting the affairs of U. S. Steel—and, indeed, the affairs of every single individual and company in ADVERTISEMENT Facilities These price increases reflected only the increases in sought to meet its national defense employment costs resulting from the labor settlements. responsibilities by accelerating to the degree within its They did not reflect increases in the costs of products power its programs of modernizing and expanding facili¬ and services which U. S. Steel must purchase from others. ties and of developing raw material sources. Since July Such increases had already occurred during 1950 or 1, 1950, U. S. Steel's ingot capacity has been increased might be expected to occur as a result of higher prices by 1.8 million tons to give a total annual capacity, as of > occasioned by increased wage rates in various supplying industries. During 1950 the increase of wholesale prices January 1, 1951, of 33.9 million tons. Construction and in general as measured improvement programs now authorized will add approxi¬ by the All Commodity Index of U. S. Steel has , reinvested in the business amounted to $97.6 million. 7\.V'.7, Taxes " ;7-77 77,; .>.*.■ 7u 7 The return to a crisis economy has had tax conse¬ quences affecting the financial affairs of U. S. Steel. The 81st Congress enacted two retroactive revenue measures. The Revenue Act of 1950, passed September 23, 1950, increased the normal and surtax rates on tax¬ able corporate income earned in 1950. The effect of this increase cent its on U. S. Steel Federal was income to increase tax for 1950. by about ten per The time span allowed for payment of the tax for 1950 and subsequent years was also shortened. On January 3, 1951, an Excess Profits Tax, retroactive to January 1, 1950, was enacted. The estimated consequence of these two tax laws has been to reduce U. S. Steel's income in lion. The estimated Federal taxes on 1950 by $50 income in the U. S. Bureau of Labor Statistics mately 2.5 million tons more by the end of 1952. Some of this new capacity will be in operation by December 31, 1951. 7 V ■ -7. •The largest single increase in capacity will be the con¬ struction of a new integrated steel mill, the Fairless Works, on U. S. Steel's tidewater site on the Delaware River near Morrisville, Pennsylvania. This plant will have the capacity to produce not only 1.8 million ingot tons of steel a year but also a wide range of finished steel products for defense and essential civilian use, including bars, standard pipe, hot and cold rolled sheets and strip, and tin plate. It is expected that the plant will a part of the iron ore which a U. S. subsidiary, Orinoco Mining Company, plans to mine was approximately 16 per cent. > * During 1950 U. S. Steel continued the pricing method adopted in 1948, following the decision of the Supreme Court of the United States in the so-called "Cement" of quoting prices for its steel products at the mill shipping point, or, if desired by the customer, at de¬ livered prices reflecting the mill or shipping point price plus full transportation charges from such shipping point case, ' or to destination. No final action occurred in 1950 with respect to the suggested disposition, referred to in the Annual Report of 1949, of the proceeding brought by mil¬ eventually utilize the Federal Trade Commission in 1950 Steel mately one hundred steel 1947 against approxi¬ companies, including U. S. 4 The Commercial and Financial Chronicle (1372) ' ' N ADVERTISEMENT ADVERTISEMENT basing point involving the use of the so-called products. - Steel, Government Controls t f tember dispute approved Sep¬ In the Defense Production Act of 1950, than in replace the granted to the Out President in his discretion to require acceptance and per¬ of the a new 1950, sweeping 8, were powers by any person; of National of background a Labor Relations prohibit the accumulation of scarce ma¬ terials; to requisition privately-owned facilities; and to establish price ceilings while at the same time stabilizing compensation. On January 26, 1951, mandatory price and wage controls of farreaching consequences were instituted by the Govern¬ and wages employe other ment. soft coal and The the 1948. About 6 per cent of women. Vf"-pk ■ the the employes in 1950 were As signed '-'KtA y '''t?' man-hours The corresponding amounts for 1949 were man-hours. million 521.1 and Average $925.1 million weekly and hourly earnings of all employes of U. S. Steel in 1950 were $69.10 and $1.83 respectively, the highest ever en¬ joyed by U. S. Steel employes. These figures reflect only one month of the higher wages established December 1, 1950. Weekly hours of work for all employes averaged 37.8 in 1950. Under contract check-off provisions, about $5 million deducted in 1950 from the wages of union employes for union dues, fees and assessments, and transferred union officials. to authorized Employes' Safety ■ companies divisional units achieved an all-time low in 1950 for both frequency and, severity of injuries. The safety.record of U. S. Steel was superior to that of comparable industry as a whole. Many awards for outstanding safety performance have been received from National Safety Council, U. S. Bureau of Mines, and other organizations. A steel pro¬ ducing plant with an all-time steel plant record of more than 6 million man-hours without a disabling injury, and a cement plant which completed more than five years with 5 million injury-free man-hours were among Operating the 1950 their and safety accomplishments of the operating com¬ panies. negotiations amended the America. of agreement of March by $1.60 a The general and uniform change in rates of pay. This war. under the provisions of the existing labor contracts. The steel producing subsidiaries agreed to the Union in advance 1950, 5, the of the Illinois Steel Corporation, H. C. Frick Coke Company and United States Coal and Coke Company. The single resulting company is United States Steel Company. Benjamin F. Fairless, who is President of United States Steel Corporation, Company. is also President of United States Headquarters of United States Steel Company will be in the new "525 William Penn Place Building" being erected for U. S. Steel and others in Pittsburgh, Pennsylvania. Organization of the new com¬ pany does no^ affect the other subsidiaries of United States Steel Corporation, nor does it affect the cus¬ tomer relationships established by the operating com¬ panies that were brought together by this change. f Also, as of the beginning of 1951, two wholly-owned subsidiaries, Michigan Limestone and Chemical Com¬ pany and Pittsburgh Limestone Corporation, were brought together into one operating company. The new operating company retained the name, Michigan Lime¬ stone and Chemical Company. Stockholders There are more United of <■ Steel States are to be found in Since the three for May the 1949, increased As a one number as much split in the of as Octo¬ on increase common registered become of the cause ployes in cents a fifth-round - jjj^tock in wage g^f on increases previously granted to em¬ other industries. The negotiations were the basis of a general increase per thereof has ^decided near Directors in that city. Option Incentive to establish stock It is expected that these Man to was April. y of the Adjustments negotiated for salaried employes sented by the Union became effective at the insurance without contemplate modification collective programs or will 1951; continue conferences, for - • - • *• • ' I'' ■ ' : "- • .v . , - ; , S. Steel NBC again Symphony Broadcasting Company net¬ Y the first annual at . meeting, February 17, 1902. As this 49th Annual Report is issued to the stockholders of U. S. Steel, they, in agement, century of service contributing meet the with the employes and the common an their to requirements a application of a a record a of vigorously ex¬ helping this country It is also nation in time of of quiet and record record of a better steels to ever of higher standard of living. of vital service to the a a It is country. abundant supply of peacetime panding population, and to attain man¬ take pride in having accomplished half can war. record a It is also persistent research and practical growing body of knowledge about prod¬ men machinery and thus simultaneously to secure heavy to powerful great in¬ in the output of useful products per man-hour. creases a record fine leadership of in securing the safety their health and old age. ; Throughout its history U. S. Steel has been alternately accused of capacity. being too big and Both attitudes were as having too little steel sharply illustrated in 1950. peacetime, being the largest unit in the steel industry,' U. S. Steel has been could hurl the false a convenient object at which critics charge of monopoly. In wartime its integrated assemblage of "know-how," its efficient facili¬ a sturdy staff upon pendably lean. which defense production could de¬ In its ^arly years U. S. Steel produced |pbout two-thirds of the nation's steel; today it produces bout one-third. At a time when it was producing about c-half of the nation's steel the Supreme Court found no basis to support a charge of statement proxy forwarded to Steel in 1950 a made greater headway than ever better general understanding of the people. playing in the lives of the Ameri¬ . No one knows what the years ahead may hold for the United States of America in terms of either peace Similarly no one U. S. enterprises in which voluntarily cooperated the good or war. knows what the years may hold for any of the nation's and managers to as produce for customers things of life. numerous people stockholders, employes an abundance of There is, however, no doubt that Steel intends to the limit of its ability to extend into the future the service to the nation it has rendered in it k monopoly and violation of the anti-trust laws. the past—a can service in which be forgiven for on its fiftieth birthday taking great pride. wages, the «- U. the were of negotiating the terms and conditions of a new agreement, not less than thirty days or more than sixty days prior to January 1, 1952. ' •,-* • the Many copies of speeches and statements dealing with prices and other matters of Corporation policy distributed to people in all walks of life in every section of the country. There also were continuing re¬ quests for various handbooks, including Steel Making in America first published in. 1949. This book, in great demand by high school and college students, required another printing. As an important contribution to the Department, of State's Campaign of Truth overseas, more in purpose ••• in stockholders in advance of the annual meeting. can con¬ the National 1950, by . one forth before in creating 1954, so long as the provisions now in change. The agreements bargaining series "The business of the United States Steel Corporation for all practical purposes began April 1, 1901 ." Those were the first words of the Preliminary Report to Stock¬ holders of United States Steel Corporation, submitted have set U. S. effect unchanged until October 31, subsidiaries continue the pension effect cent of the Public Information About U. S. Steel date. over of summer concert a Semicentennial ; been constructive role it is 31, and Magazine among radio editors in the United Orchestra It is expected that options will be granted initially to about 300 employes. The provisions of the Plan have repre¬ same 'The basic labor agreements governing wages and ditions of employment will expire December pension per ing. employes not under union contract. the Corporation, which amount is five number of shares of common stock at present outstand¬ made in the salaries of were benefit generally ''" , recently the air in the on ties, its steadfast and earnest cooperativeness have been adopted at a meet- cent, reducing the differential between Southern ap|l. North-+ ern rates of pay. The settlement was announced on November 30, with the increases to become effective program Now rated was enhance their and increase of 16 cents per hour, or about 11 per in the straight time rate. An additional general increase of 4% cents per hour was granted by the Ten¬ nessee Coal, Iron fc Railroad Company, thus further shows, it work. In Chicago average Appropriate, increases also best dramatic During the sponsored stock. incentive, induce continuity of service the Corporation and its stock¬ holders. The Plan provides for. the option and sale in the aggregate of up to 1,300,000 shares of common stock December 1, 1950. the radio employes* in mines and plants, and in providing for approved, will enable employes in the upper levels of management of U. S. Steel to acquire a larger stock ownership in United States Steel Corporation in order 12Vz of hour. In addition, the wage scale increments between the 32 job classes were changed from 4V2 cents to 5 cents. This change in the increments, together with the 12V2-cent general increase, resulted in an over-all on as all of is the Board of Directors on January 30, 1951, sub¬ ject to the approval of the stockholders. The Plan, if accomplished fact be¬ an wage many concluded largely the top ten It stock in holders The effective date will be announced later. , had of sponsorship by U. S. Steel. of by approximately 27,000," or 16 per cent. Board the Air program won additional of on season wid¬ three-tenths common convenience to stockholders in and transfer facilities * that were They employes and retired workers. either the preferred or cere¬ the neared burdens of production from the backs of every part of America and in every walk of life. include business and professional men and women, of one per cent of dedication ucts and processes which have served to shift the registered holders of stock Corporation, including 239,000 The stockholders veterans, farmers, the site to the on * than 256,000 individual holders. contemplated Negotiations commenced recognized Steel beginning of 1951. These four companies were States Steel Corporation of Delaware, Carnegie- United year. every fifteenth annual poll conducted by Motion Picture Daily brought together into a single operating company facilities will become available to stockholders in subsidiaries S. named purpose under The formerly among States. the ber 16th. Secretariat highlighting Nations, in metropolitan areas and rural communities. increase to reopening date of November 1, with the understanding that they thereby did not waive any of their rights contract. the the The Sunday evening broadcasts have millions of listeners agreement of bringing about a simplfic|tion of corporate structure of U. S. Steel, four whollyowned Subsidiaries of United States Steel Corporation at ^ motion of steel framework for the UN The Theatre Guild Corporate Structure were color picture, fabrication honors in its sixth 31, 1952, and thereafter unless terminated 60 days' written notice by either party. ; the and the nation. March For its foreign schools, institutes and fiftieth anniversary of its completed to publish an illus¬ trated book commemorating a half-century of service to agree¬ an U. for Fame a permitted the As provided that the agreement is to continue in force upon sound new incorporation, plans day. By amendment it was No individual stockholder holds September 21, 1950, the United Steelwolkers of America (CIO) served notice of its desire to negotiate with Workers Mine coal miners' wages ows, Steelworkers' Labor Negotiations—1950 On meet structures January 18 on behalf of the major part of the bituminous coal industry, including U. S. Steel subsidiaries engaged in coal mining, with the United available to phase of the building project from the demolition of old these of ' * monies. on Steel " , was result a made were the payroll in 1950 amounted to $1,038.3 million worked aggregated 568.1 million. The total and Retirement Fund from 20 cents Operators Association and the United Mine Workers of was 4 - Building in New York, was released during the The film depicts dramatic and interesting scenes of 1951, negotiations with respect to a wage increase for coal miners were under.taken between representatives of the Bituminous Coal America. Steel's Building for early part of January ment S. and erection new ton to 30 cents per ton. In 10,000 copies U. was with the and in number of men and women employed 288,265, compared with 291,163 in 1949 record peacetime employment of 296,785 March 5, 1950, by various S. Steel subsidiaries, again resumed. ' of America Welfare and until average during 1950 on agreement added 70 cents per day to wages and increased payments into the United Mine Workers also Employment, Hours and Wages executed was producers, including U. production was The per its steel production to defense orders and to programs de¬ clared by the Government to be essential to national security. U. S. Steel's defense orders and essential civil¬ ian programs, as of this writing, will absorb about 23 per cent of its tonnage. Three-fifths of that tonnage will be for defense orders, two-fifths for the programs de¬ clared to be essential by the .National Production Au¬ thority. The latter amount comprehends, of course, such tonnage as would normally be utilized for the given pur¬ poses without their being designated as essential. began in November to give priority in U. S. Steel <• agreement * relating to the Corporation's aims and policies. . to allocate and %' * out their proceedings, court actions, and the intervention Presidential Board of Inquiry, a new coal wage a " • Another book, The Public and You, designed to aid members of U. S, Steel's management team in carrying part in public relations, was distributed to the internal organization as a further step in providing this group with a prompt and regular flow of information coal labor contract to which had expired on June 30, 1949. one Board formance of defense contracts or orders mining of bituminous coal early part of 1950, as the result of a the terms of over Monday, April 2, 1951 . information centers, for use in libraries throughout the world. Serious interruption in the continued s . . Report Continued) Coal Miners' Contract 'Vyv^'C • ADVERTISEMENT UNITED STATES STEEL CORPORATION (Annual method in the sale of steel . * . ^. <9^ Chairman, Board of Directors February 27,1951 Volume 173 Number 4999 4 . The Commercial-and Financidl Chronicle . (1373); 5 ADVERTISEMENT ADVERTISEMENT ADVERTISEMENT UNITED STATES STEEL CORPORATION (Annual FINANCIAL SUMMARY' - - v. •:; J w^fhbut'. proportionate' increases .-.wages ; Report Concluded) Ownership evidenced byPreferred stock,-. 7 V in prices.: The output 0f the worker has. berenr multiplied by the owners', Cost of Hour's Work 1 an provision of y.I Few people is that in wage rate hour's work. The reason' an compilations there is general failure; straight time wage rates numer- to include with the basic, items ous of full cost of / of the full extent of the increase- are aware so-called f worker's " since the 1930's in the cost of ;•/ "•-'-greatly. "fringe""employment costs. The J* The , output main of the straight time hourly few processes unchanged changes "Fringe" Increases in Pay ment. rate increased was increases. at other times in in over output would bring the whole case increase up to more than 16 cents Hour's Work an that of such than consume produce we we as nation cannot have a able to are A like petitively to forcefully the cost of cost of an On frequently alleged that Steel at the end cost at the end of Steel's published cost today of amount sufficient wage increases have is not true in U. in taxes would not share Taxes completed selling prices three is, the of the and 1941 Securities because the . : i in short, com¬ Plant the The relative of As compared the to steel products had with December 1936, buy 50 per cent more an of the steel ; increase in the cost of of a an hour's steel expended for That merely a use, tBased upon 1949, 12, and ACCOUNTS — of The Bureau Internal of Revenue has not Federal of for Property United Additions States and Government added was Replacements. securities to the balance of was In segre¬ $155 million Equipment. the Jess that exhaustion or Tne consolidated cost plant and equipment position represents financial of thereof This expense. replacement value. which at amount statement portion which amount has does been not deducted purport —: as be to a .• for estimated World War II, Insurance Reserve. The subsidiary companies for the most part, are, self-insurers of their assets against lire, windstorm, marine and related The balance of the insurance reserve is held available for ab¬ sorbing em¬ losses possible in 067 and Services this character, Products Sold. and other income of and considered is adequate sold services $9,861,410 in 1950 includes in¬ and $9,615,- 1949. Wages 1950, Wages this amount. services other Salaries. and Of and are ol this purpose. terest, dividends and em¬ principal we ' /"• sold accounts. and salaries $1,0] 8,530,543 and the balance totaled $1,(938,298,489 included in was charged was for costs of products construction to an4 ' POSITION 31, 1930 Dec: Wear 31, 1949 $259,291,292 , in $210 413,486 Exhaustion Such 1949. of Facilities. Wear and exhaustion of facilities depreciation of $35,518,123 in 1950 and $22,045,743 Federal accelerated income tax 213,561,506 The 189,700,000 215,376,369 166,359,550 accelerated facilities bad^^bts;— ; 391,109,579 fulness 372,438,543 current rate J —— 1,079,338,746 939,111,579 in is the few rate about 70 per is not amount thereof U. Steel's over cent deductible for presently applicable to the cost of postwar their lives, when the economic use¬ of years The is • - depreciation first greatest. operating of depreciation purposes.- securities, at """ — and includes accelerated v-: ; — Government Services' Bought. Products and services bought reflects the changes during the year In inventories and deferred costs. These items increased during 1950 approximately $30 million. \ ;• S. of capacity. is related long-term the to ot excess peacetime average The annual accelerated amount is 10 per cent of the cost of facilities in the year In which the expendi¬ 10 per cent in the succeeding year, except that this ratably as the operating rate may drop, no accelera¬ tion being made at 70 per cent or lower operations. • The accelerated tures • made and are amount is reduced Current Liabilities Accounts ' - taxes 282,157,715 depreciation Is in addition to the normal 221,225,563 325,445,653 payable Accrued 204,913,984 the but deprec ation on such facilities depreciation over, their expected lives will not exceed the total cost of the facilities. Dividends payable —— 25,887,237 —— 23,276,261 4.029,683 5,852,082 •. - Long-term debt due within one year * __i_„< - investments, less r • ' •• • . • • ' . ^ Government 455,267,896 483,843,683 securities 24,903,603 equipment, less applicable examined 14,000,000 to future — * —— Intangibles 38,090,297 33,962,322 24,818,584 1 periods. 1,356,012,954 40,370,893 depreciation 16,000,000 1,386,610,601 war 1 Total assets less current liabilities Deduct 2,191,665,875 ; 2,101,097,815 the Steel ination 155,000,000 States of United Steel was consolidated in - States of * . • Steel • REPORT Corporation: at the annual meeting of stockholders held statement and statement made •. AUDITORS' Corporation Corporation consolidated the 250.000,000 Operating parts and. suppliesCosts United States , arising out of Stockholders As independent auditors elected 27,332,297 set aside, at cost and the To of estimated — States 637,520,293 441,818,453 * — losses income for with 1. 1950, financial, position of subsidiaries accordance May on we the year generally 31, 1950, and 1950. Our exam¬ accepted 1 circumstances. r In opinion, the accompanying consolidated statement of financial related statement of income, together with the notes our position and and the position of United States Steel Corporation subsidiary companies at December 31, 1950, and the results Of thereto, present fairly Its year's opera lions principles applied New 61,782,446 1 auditing standards and accordingly included such tests of the accounting records and such other auditing procedures as we considered necessary In the on in conformity a with generally accepted accounting basis consistent with that of the preceding year. PRICE WATERHOUSE debt have United of December at & CO. York, February 27, 1951 65,944,114 Reserves work estimated For out of additional- costs arising war-——— ——"13,327,273 The 15,149,959 foregoing has been prepared and is distributed solely for the of furnishing financial and statistical information. It is not representation, prospectus, communication or circular in connection purpose For trend which goes back to sums Insurance, contingencies'and mis- a cellaneous expenses 101,338,154 102,390,573 U. S. tools, together with conditions have enabled it to pay higher with sale or purchase, offer of sale or purchase other security of United' States Steel Corporation or Amounts stated in round numbers are approxi¬ mate. "U. S. Steel" refers to the parent corporation, its subsidiaries, or both, as required by the context. of Excess . permitting their full May on losses. undertake; Less from that work industry. The large stock split 1 Of the additional costs arising out of war, provided dur¬ $1,822,686 was used in 1950 to cover the higher costs of replacing inventories depleted during the war. This charge and offsetting credit are included in the consolidated statement ol income. ing ,Tc,( Total— . has $84,553,177 Reserve for Estimated Additional Costs Arising Out of War. reserve • to answer production Dec. — Long-term the price of the product resulting 56,135,975 ■ • . $97,554,832 set aside for property additions and replacements, On 1950, additional expenditures planned for property addi¬ replacements amounted to approximately $678 million. and wear be spent for pur¬ adoption of ' Inventories such steelworker's hour of service is to beginning of the for Income. on audit Aside in realizable the is in part a continuation Steel after 3 Set acquisition provide most of the OF FINANCIAL ;v cost Steel's of time U. S. 92,689,333 . business——— , 25,219,677 subsequent years. and shown is pro¬ competitive communism against which very Receivables, less estimated .he produces. over In •. ' ■ 31, and tions progressive. and — fv United States Plant same span /, ■ per ($3.55 per share 1950, 1949) million $95 previously for — Miscellaneous times 165,908,823 'Vy income and excess profits te-x returns It is believed that reasonable provision has been made for any additional taxes which may be levied. for full comple¬ voluntarily For expenditures almost was ($7- a of gradually substituting ineffi¬ For property additions and replacements 1936; but in the a 215,464,142 ——V—'v'..*,, stock 'After reclassification of various employe benefit costs. December upon earning will 1950 of 126,000,000 2,135,776,860 —25,219,677 " shares outstanding 1950, monopolistic government production and Cash lagged S. 234,000,000 * ' reinvested Products Working capital Steel Prices 56,221,366 2,740,942,004 preferred stock per 2,297,316 62,665,217 income- on — common Income governmental acceptable an steelworker's hour of work to U. S. a only about doubled. the taxes Declared $2.15\ emergency. tools of production. new Current Assets - United behind price increases. This affairs. The cost of vs. r . long-term on INDEPENDENT Hour's Work 5,412,303 conse¬ skilled operators, from It is not taxpayers Total It is costs „—— cumulative On were their savings for tools of prevented - living. By the end of 1950 the increase in the hour's work had far outstripped the increase an 1,822,686 ——_ miscellaneous taxes Federal in the cost of living. Cost of 119,661,652 — Dividends It is to be hoped efficient be CONSOLIDATED STATEMENT rapidly than did more 143,938,940 Products and piled by the Federal Government, based upon an aver¬ aging of prices paid by consumers for representative items. Not only before but also after World War II the hour's work advanced Income presumably arming to defend ourselves.* of prices paid by consumers, which type of index is often termed a "cost of living index." Such an index is com¬ an other local and Total they believe they will not be arbitrarily for ployment. fit feature The comparison most frequently made is with an index of The natural dangerous prove that the Government cient and leaders cost a prices, without equitable ployment for efficient competitive work they perform. Labor often resort to such reasoning when consumers' prices are advancing, but they quickly abandon it when consumers' prices are declining. and to it is only another way spiral it is perhaps natural to make comparisons between the degrees of inflation in wages and in the prices of the things for which wages are cus¬ tomarily spent, although it is curious reasoning that con¬ tends that people should be paid in terms of the prices of things they desire to buy instead of in terms of the the of on wages. could doing. so the poses no a of Steel's cost of '945,875,532 '891,133,297 facilities—— NOTES TO takes additional amounts the nation if prices of goods and serv¬ ices for which income is spent are also inflated. In the worth " ,1,120,608,522 adjustments and Estimated ; compelled money needed does not benefit competitive -of a measure policies of the Government stabilization a But people do not spend from this truth via the inflationary wage-price spiral that has unfortunately beset the nation since the beginning of World War II. Inflation of dollar incomes of such ">39,488,383 2,171,141 State, situation, combined with higher taxes, a duction except as escape presence of program profits in using them. There is S. U. ments of tools of production and produce. A nation cannot better tools and greater skill in Yet nation's power in peace or war rests with its labor except as it has more and more .906,387,149 160,850,327 in- bought gated from current assets and cost more yield taxes, employe benefits debt and it doubts that there have one will be followed in the present contend It is obvious that 1936. constructive more a program Cost of Living vs. No "squeeze" of corporate profits. a and Cost of ' $2,301,685,689 .1,018,530,543 security other services tax Interest Federal hour. an 1949 $2,956,406,146 1 exhaustion of income it be concluded that the produc¬ can War II the direction the quence of, say, 10 cents an hour in the first job rate means an average increase of about 13 l/z cents in the straight time hourly rate when comparable adjustments are made for all job classifications. The second has been the failure to recognize the increase in "fringe" costs that automat¬ ically results from such a straight time pay increase, which in this assumed " costs included herein provided for prior years, less associated Federal in operating the equip¬ or and War permit to continuously changing; are corresponding restriction been the failure to recognize that an announced increase ;j imagination In World in costs. The first has on INCOME itiO " steelworker's hour has tripled in that period. ^lieu of straight time wage increase wage Wear re¬ be^ attributed exclusively to the processes try has tripled, since There have been two general misconceptions about the hourly OF ;; 1,179,380,870 and share) both. an period social and surance Products tivity of labor and equipment together in the steel indus¬ was effect of ' with measure skill of employes. There or significant a- to Products, too, of the In or Pensions, . been increases in output per man-hour, but by no stretch only one year, U945, within the past ten years has there failed to be an increase in employment costs through increases in straight time rates, "fringe" benefits to kinds of equipment which or increase in productivity. during the period 1936 through 1950. Part of the increase in "fringe" costs automatically resulted from the many increases in the straight time rate. Most of the increase since 1936 in these "fringe" costs was, however, caused by new employe benefits granted either at the time straight time wages were or difficult with the output of today's product to different occasions increased * sold— Employment Costs Wages and salaries recent years over is difficult to compare the output of yesterday's product nine on is effort, dependability too are straight time hourly wage of U. S. Steel's average steel mill worker for 1950 was nearly 2Vz times the rate paid in 1936, but the "fringe" costs were eight times as time '' ''' Products and services the increase in output attributable to the in¬ accuracy The straight >—^$2,015,168,002 $1,917,613,170 CONSOLIDATED STATEMENT ' justified in terms of increased It people conducting the The cost increase man-hour. per creased wage. great. is-an established dominant factor * 784,561,702 Total important factor underlying an for U. S. Steel cannot be exactly the same effect upon per cent It is The magnitude of the production costs and selling prices as though they were straight time wages. The cost per employe of these "fringe" items to U. S. Steel in 1950 averaged about 34 21 < times; our ;; in price changes in the days to come. costs; welfare fund payments; government old age unemployment benefit taxes; workmen's compensa-^ tion payments; accident and hospital expense; reporting time and other allowances; and, in certain mining oper¬ ations, portal-to-portal payments. or ;. and Profits ; of,an hour of work j v > * $370,325,200 .Income reinvested- in * * $360,231,100".' $360,"2«1,100 1,654,386,902- 1,557,332,070 - Costs ance hour, share-^,— per •': par Common-stock (26,109,756 shares)—--— Stated capital, r $33Va ; • decreased - Productivity vs. the rising prices of the past and can be a and an have - , Hour's Work an rising, cost fact of fifteen years. Such other costs include: overtime, holiday and shift premiums; vacation costs; pension and insur¬ These "fringe" items have effort time the business hour's work to an physical - same '>>'• >V •• ~ - Cost of - . an employer includes not only the straight time rate for time worked but many, other costs that have been advancing rapidly in the past- cents hours" and ~ Atthe and better tools. more cumulative; value $100- (2,602,8)1- shares)—1.—J of serves assets • over liabilities and —; re-' $2,015,168,002- $1,917,613,170 any any any . present or future stock or other corporation. t" 6 The Commercial and Financial Chronicle (1374) Corporation and (Continued from page 2) February— England—Earnings— 1951 Net 1949 1948 $210,000 $168,000 $192,000 "52.843 "114,889 "4,626 16,693 "79,960 *83,325 income— oper. ry. 1950 $204,000 <• Groqs from railway Net from railway——_ "43,506 "133,354 371,000 *71,693 358,000 *139,750 382,000 "98,059 *193,003 "246,608 l "225,171 From Jan. 1— Net from Net ry. 476,000 *23,013 railway—— from Gross railway——— "149,280 income oper. "Deficit.—V. ' 962. 173, p. corporation — from Net The Net ry. Net from ry. 1,689,000 income oper. 173, 173, Western Carolina & Year Ended Doc. 31— before Fed. for Prov. Net per *—\ 343,920 shares outstanding $343,272 343,920 $1.00 172, p. 1730. —V. made in oper. "All owned by oper. 48,607 27,395 10,069 7,810 744,812 800,654 816,640 their 289,037 < 151,232 81,976 76,006 12,683 listed Net from Net ry. From Gross Net railway Jan. 7,517 7,260.607 12,592 501,919 173, "42,944 325,769 income— "Deficit.—V. 1,908,127 5,910,451 530,527 16,568 5,719,922 1,158,145 railway 585,312 income— F. bonds, such at company bonds Corp.. S. E. A, Details- issue of March 26 of the public stock, series C, at par ($100 per share) and accrued divi¬ dends. The offering was underwritten by an investment headed by Stone & Webster Securities Corp^Fur- ther details follow: Co & $490,000 F. Hutton & Co 490,000 Bioren & Co.—— 1.685,000 Brooke & 1,685,000 815,000 Moseley & Co Robert Garrett Co., Inc V. and accrued interest the opposite its respective name: Co.—— & Sons preferred new ment teemed in or will be net or applied proceeds to provide the from sale Co. 815.000 160,000 — Dec. 31— 1950 1948 1949 held in has called for redemption on May 1, 1951, out of sinking fund, $164,000 of refunding and improve¬ bonds series D, due May 1, York 8, N. Y.—V. Street, New 173, p. 1996 at 100. SEC March 15 filed 360 shares of common company covering on underwriting. share, without improvements. * are income 39,464,888 293,050 —— incl. income Income ' Net Chicago, Burlington & Quincy RR.—Earnings— V ; deductions 1951 556,633 39,683,412 40,909,349 10,299,035 — 10,676,144 8,842,638 29,007,258 32,066,711 Year Ended INCOME Dec. 31— STATEMENT 1950 1948 1943 1949 1950 Operating revenues 392,703,367 366,338,965 370,832,235 Operating revenue expenses. From Jan. 1— Net portion a of the present and contemplated construction program of the company. March, 1951, the company issued and sold 80,000 shares of*its common stock and the entire proceeds from the sale of said common stock in the amount of $1,600,000 will al60 be applied to provide a portion of the funds required for said construction program. In the construction Sabrooke PROGRAM—The of to company is presently engaged in 30,000-kilowatt turbine generator addition to its the Rockford area and an extension to the a in Station building this house estimated that the —V. ferred new and addition equipment and essential auxiliaries. unit will be placed in service in 1952 at that the proceeds referred from to the sale the of will be series 27/8% series GIVING due due bank through EFFECT loans cum. cum. a new It is expected and 1977 the from 339,463,979 317,184,832 321,545,417 —_ Net —V. Common stock "Additional 2,500,000 " stock, stock, ($15 of B series any of 25,000 shs. 640,000 shs. of or each has in series, may be the indenture, without names of the principal underwriters of the preferred stock and the respective amounts which severally agreed to purchase, are & Webster Allen & A. Allyn C. Robert W. —V. and Central Republic Paul Davis 3,100 Co..,—„_ Fulton, Reid & Co Harris, Hall & Co. Co., Inc.— 3,100 Baird & Co., Inc. 2,000 The Illinois & (Inc.i Co. Co from from ry. gross Common Common dividends shares (Inc.).. — 3,100 Net ry. 1,500 from 800,000 800,000 $2.98 from ry. a cates The of a common of interest share Offer, etc. share. a share preferred The offer will be issued in lieu of Central Louisiana stock expires of on of fractional Cental Louisiana Electr.c Co. has also Central April com¬ ^Louisiana 3. Certifi¬ shares. registered with the SEC 35,497 shares of its- common stock which may be offered for subscription by common stockholders within 120 days after the closing of the exchange offer.—V. 173, p. 1170. an surplus additional — 174,993,927 246,718,840 163,552,590 174,999,927 223,731,040 163,552,590 2,900,000 102,622,223 206.442 107,983 .51,661' 710,960 224,566 • 180,917 518,357 146,641 ...— ... —— payable (current) ——...—__ taxes int., wages deposits ——: and — payable Mortgage bonds matured Dec. 1, Other liabilities for Reserves for 487,766,100 12,000,000 17,844,858 1950—— deferred credits.. 26,100,686 6,878,139 5,258,635 2,394,149 6,701,049 6,390,121 2,394,149 7,790,000 ——— 3,073,941 injuries 3,914,390 of utility plant— and damages— reserves 3,324,705| 247,277,017 7,124,322 3,730,452 1,603,808,225 and depreciation Miscellaneous 121,085,860 471,023,300 69,127,000 23,073,209 30,760,212 — other current liab. Dividend 2,237,471 462.145 1,894,750 1,976,115 par) Customers $1,067,867 221,440 (no — to banks payable Reserves 1,502,249,239 274,832,416 7,110,617 126,567 *41,699 1 Total 173, p. 963. plant acquisition adjustments or comparable items in¬ approximately $9,000,000. {Represented by 13,771,831 shares. ^Represented by 12,164,059 shares in 1950 and 11,484,547 shares in 1949.—V. 173, p. 1171. Ry.—Earnings— 1951 1950 1949 1948 $161,250 55,270 $230,383 92,815 $221,437 88,673 54,171 19,523 46,596 46,911 543,099 338,548 461,099 450,957 proposed 111,233 192,929 94,603 204,487 proceeds 100,691 V. 96,257 Consolidated Natural Gas Co. Co.—Bids May 14—" The railway- railway oper. 218,709 ; 97,755 ncome *'.•■'■•V; 42,370 Provision for •' , Dec. 30/50 taxes 173, Net profit $1,650,000 - 705,000 $660,000 _ share.._— "Earnings per common ♦The p. comparative $945,000 stock dividends which were —: are per share of calculated on the outstanding at the end after stock common both periods.—V. 2378. .27 / February— from railway from 172, •' 1951 V railway • railway.. Net ry. oper. income.._ -V. 173, p. 963. 1949 . *1948 : $150,624 27,268 16,801 '$150,646 36,475 17,075 307,838 312.094 297.541 74,465 50,784 57,499 37,132 21,630 31,1-35 60,028 30,094 - - : " The award of the issue at competitive sale March bids, : all Consumers first Power mortgage $8,000,000 temporary struction; to for the Co., bonds provide of together with other funds will be used to redeem all of the $5,300,000 Michigan Public Service Co.; to pay off bank loans incurred to provide funds for .con¬ funds for acquisit'ons and improvements, and corporation's construction program. 1910, is engaged entirely in the Michigan, in the generation, distribution and sale of electricity and townships, including rural areas; in the pur¬ chase and distribution of natural gas in 265 communities and .town¬ ships; and in. the production and sale of propane gas in the town BUSINESS—Company, organized in . from from , 31,632 13,228 351,736 ry. oper, income.— From Jan. 1— Net . $157,364 21,623 6,914 Net Gross 1950 used PROCEEDS—Proceeds from the financing, of $153,632 railway. v date to receive bids for the sinking fund debentures, the to finance plant construction,—« the for a 3V8% coupon, were received as follows: Morgan Stanley & Co, at 100.69; First Boston Corp. and Harriman Ripley & Co. (jointly) at 100.43999; and. White Weld & Co, and Shields. & Co. (jointly) at 100.0391. I Gross as 25-year bid of 100.80467%. on a Other pre^ Columbus & Greenville Ry.—Earnings— Net 14 p. 659. group won 654,311 shares of- common of May series due 1981, at 101.467% plus accrued interest. $1.22 $0.79 earnings set ing group headed by Halsey, Stuart & Co. Inc., on March 29 offered $40,000,000 of first mortgage bonds, 3Vs% Dec-31/49 500,000 / has issue of $50,000,00c of which are to be Consumers Power Co.—Bonds Offered—An underwrit¬ $1,160,000 ; (est.) company v Corp.'(& Subs.)—Earnings— ___• Federal of cluded therein $256,092 income 173, p. 963. ferred of 1,502,249,239 par).. surplus—special Accrued 1 $1,038,983 $970,690 ' 299,919 ( 95,874 (no Accrued 1948 1949 1950. 501,606 I basis of 4/lGths of l/25th each Gulf 1,603,808,225 :— s'ock preferred '.Long-term debt Notes Columbia Pictures 1,760,000 - Co., Inc., on 5,229,607 795,990 — surplus—special Earned 1,023,060 26 Weeks Ended— $3.01 outstanding—/—.,—— 35,400,507 5,531,122 2,378,937 — — Earned 1,217,450 681,640 railway.— oper. from —V. $2,911,118 common share— 46,382,564 assets... — ' cumulative t$5 From Jan. 1— 1949 $2,881,685 501,606 1,760,000 ——_I ——II—— 29,406,185 construction cost——: average (iCommon stock 3,310.372 896,209 746,659 Colorado & Wyoming Net Tile company is offering 21,480 of its shares of 4.5% preferred stock (par $100) and 214,800 shares of its common stock (par $10) in ex¬ change for 537,000 shares of common stock of Gulf Public Service and 2,757,625 919,277 February— from railway stock mon 2,613,928 1,929,593 2,425,220 at 1,000,000 34,072,934 ) (incl. LIABILITIES— —— paid— paid 1170. • 963. "Deficit.—V. Net Central Louisiana Electric Co., Inc.—Exch. for 496,875 2,035,714 income— railway. Net from railway.. Net ry. oper. income 2.000 1950 „ dividends 173, p. 336,441 4,179,080 railway Gross Co.—Earnings— — Earnings per —V. 240,150 Operating profit profit Preferred 588,620 Unearned from Gross $19,917,384 $17,888,333 Profit before income taxes.—.—„ 5,284,485 4,609,418 Provision for Federal income taxes —1— 2,402,800 1,-698,300 Net $1,558,212 452,684 915,172 inqome—- $1,330,179 320,935 33,158,567 1,498,454 (net)— supplies charges Total 1943 1949 , $1,095,734 980.330 6,757,191 25,656,995 — Prepayments and other current From Jan. 1— Gross revenue— 1950 $2,065,625 ' 6,429,338 _— • February— ' 1 1951 f Gross from railway.: $1,191,266 Net from railway 348,929 Net ry. oper. income.._ 106,351' Net Total and RR.—Earnings— $ 4,104,742 ■ investments receivable materials), 166, p. 1352. 1949 1,381,396,450 4,222,310 cost" accounts ^ Deferred railway 173, p. fund and Materials above.- -V. 31 1,477,575,571 expense.; Investment 1— oper. 1,500 Co.—..." Year Ended Dec. 31— stock Cash Co.—Acquired— 1951. oper Net 3,100 173, p. 1270. Central Illinois Light - DEC. "Except for 5,600 H. $3.06 & Foundry Co. railway.— Jan. Net Shares Securities Corp. $2.11 "original Temporary cash railway $2.31 SHEET, C at Capital 255,000 $1.36» follows: as Shares £tone ry. From other UNDERWRITERS—The new from $2.22 EALANCE 1950 Colorado & Southern Ry.—Earnings— 725,000 shs. series issued, subject to the restrictions contained limit as to aggregate principal amount. 25,000 shares of from Net 36,824,880 $2.44 plant Accounts 10,000 shs. 25,000 shs. C said 255,000 — February— Gross 12,640,413 35,017,367 ASSETS— 1343. Clinchfield 49,465,293 14,515,928 share "Utility $347,456 $782,121 255,000 share per American Machine See —V. 30,000 shs. 10,000 shs. value >_„ par bonds series 225,230 49,533,295 39,206,625 ... CONSOLIDATED Accounts 3,000,000 30,000 shs. 510,700 $539,672 Cleveland Welding 990,000 $3,000,000 492.460 1 14,174,091 572,686 taxes ■ 49,286,818 178,475 53,380,716 __ income per „ 49,154,133 379,162 income" deductions Earnings 1348 1,292,821 income 172, p. 1949 1950 1,032,132 Capital shares outstanding Earnings Net f , 141,328 53,239,388 — income Gross $14,563,643 $16,353,459 $17,579,325 taxes—_ Provision for income FINANCING " A— income pre¬ Outstanding $13,860,000 * 1975 pfd. pfd. 1,922,108 Non-operating Income etc.——.:— before Gross Authorized skg. fd. debs, due 1969 Preferred stock ($100 par value— 4.10% cum. pfd. stock, series 4.75% PRESENT TO 3Vt% 4.10% 7,996,567 <3,130,373 37,386,533 11,275,824 4,848,232 33,118,309 6,449,876 563. p. sales, Net provided First mortgage bonds— 3% series due 1975_ 2%% income... 31,315,149 It is total cperations of the company. CAPITALIZATION railway oper. 173, Profit above, approximately $3,200,000 will be needed for the 1951 program. funds funds such to stocks common of additional 41,197,043 13,240,132 5,623,645 6 Months Ended Dec. 31— Net approximately $5,700,000 of which $545,666 was expended In 1950. It is presently estimated that the total construction program of the company will involve expenditures in the next three years of approximately $15,300,000, of which $7,300,000 is to be spent in 1951. Therefore, in railway Operating income Chickasha Cotton Oil Co.—Earnings— of cost from Net ry. the CONSTRUCTION from Gross 40,352,716 29,458,903 ._ income CONSOLIDATED ' 1948 Gross from railway $19,827,164 $15,139,271 $16,588,121 $18,321,633 Net from railway— 6,220,957 4,045,694 3,861,653 5,453,122 Net ry. oper. income.— 2,738,271 1,673,130 1,370,642 2,327,634 February— 1,001,000 dividends subsidiary company.; a Gross 38,682,412 39,757,938 income plant used for be to 279,520,891 , Operating letter of notification with the stock to be offered at $100 pa ' . 291,794,198 275,590,054 expenses Pay- 1274. a proceeds The 331,259,086 314,272,466 319,873,537 revenues Operating revenue the mortgage 3Vs % {1} ^ Operating Non-oper. the new preferred funds required for of 215,000 215,000 Consolidated Edison Co. of New York, Inc.—Earnings- thereon. arrears PROCEEDS—The stock all 215,000 215,000 173, p. 859. Redemption— company Wall 23 stock company, 490,000 Hailowell, Sulzberger & . will be subject to redemption at the in part, at $103 per share if redeemed on or prior to Jan. 1, 1956, and at $102 per share if redeemed there¬ after and on or prior to Jan. 1, 1961, and at $101 per share if re¬ deemed after Jan. 1, 1961, in each case together with all dividends The option of the 98.64%' of at Johnson, Lemon & Co. Biddle, Whelen & Co... 1,685,000 Weeden Ac 1,658,389 *235,830 series Ira Haupt & Co offering of 25,000 shares of 4.75% cumulative preferred group « price forth set Securities Chester Telephone Co., Chester, S. C.—Files With SEC our the R. S. Dickson & Co. Inc. • Partial This 962. made in ' 3Ve% $1,868,000 C. Allyn and Co., Inc. 1,685,000 American 9,919 Central Illinois Electric & Gas Co.—Further was mortgage from Yea.' Ended The Mention first of Parsons 13,668,762 5,973,932" *82,333 shs, Co. Hemphill, Noyes, Graham, "1,506,071 *1,720,715 5,507,370 2,652,201 Outstanding $12,728,000 116,000 shs. amount, together with accrued interest thereon from 1951, to date of delivery, to the several firms cr corporations below, each of which has agreed, severally and not jointly, to from p. FINANCING * monies railway- oper. ry. 91,714 NEW TO 1, amount of the A. 1951—2 Mos.—1950 "Deficit.- 290.506 1— from from Net 464,265 ._ income— oper. EFFECT due 1976. $12,728,000 Pennsylvania RR. Union Securities 52,055 1951—Month—1950 . current Further Details—Mention — GIVING purchase $24,696,731 $13,652,790 $52,866,149 $34,000,533 19,189,361 15,158,861 39,197,387 32,342,144 oper. ry. oper. the and principal March 128,136 142,473 expenses. from $1,560,062 $1,347,382 1950, 31, UNDERWRITERS—The company has agreed, subject to authorization: the Interstate Commerce Commission, to sell the entire issue of $12,728,000 1948 60,954 1,'010.091 revenue— ry. Dec. issue of Feb. our CAPITALIZATION 902",970' $2 $2,838,184 214,982 "42,628 $2,800,024 278,492 at 379. p. mtge. 3'/8% bds., ser. A, Capital stock (par $50) $387,370 47,115 70,803 Period End. Feb. 23— 1948 -1949 1950 1951 $3,507,686 railway- from 172, Corp. Ry. Net Central of Georgia Ry.—Earnings— February- $4,840,000 1st See also Gross inc. ———— was 5.1-to-l.—V. was Canadian 26, 1951 of the offering of $12,728,000 first mortgage 3Vs% bonds, series A, due March 1, 1976 at 99.569% and accrued interest. Further 962. p. rev. and ... capital ! * . ——_ Connecting Railway Co. Chesapeake & Ohio Ry.—Earnings— Net Federal for 1949 1950 .... taxes..: principal Ry. ■ ratio —/ 1949 $384,414 ( $20,647,755 $21,030,168 2,217,382 2,545,062 taxes j 870,000 985,000 „ income profit Working by 1950 income.— oper. 173, Ry.—Earnings $358,795 income railway... railway from _• $1.73 share-—-. common - Net 1,536,000 176,917 "41,854 149,099 from ry. — before Provision 1— Jan. Net 1,551,000 202,160 3,832 1951 railway oper. Net $9,361,551 561,072L 217,800 ————- taxes—_ $594,125 profit — capital Common Earnings 1949 1950 . revenues income ry. Gross $14,068,772 1,160,125 income and excess'profits taxes 566,000 sales—Total Profit from From Caspers Tin Plate Co. (& Subs.)— Earnings- sales Profit 140,224 30,662 $517,101 February— from railway Net 1170. p. Year Ended Dec. 31— Net 962. p. Gross Net —v. 222,863 11,661 railway..—. company tures.—V. Net 1,476,000 162,165 "57,845 .' * • details follow: 2,008 , , ' Authorized railway Charleston recently announced that the sinking fund payment of due May 1, 1951 on the two series of debentures will be meti; debentures and $443,500 of 4% deben¬ *56,712 173, ■; Conde Nast Publications Inc.—Earnings— -1948 $804,000 • Co.—Acquisition of Nelsonvllle, Ohio, sold its municipal electric auction to this company. There were no other p. 758. city 1— from Gross "65,310 I 1949 $765,000 94,560 the public at bidders.—V. „ 1950 $705,000 52,183 income— oper. From Jan. Payment— the form of $129,000 of 3!/2% in Inc.—Earnings— * 1951 $795,000 50,576 — railway "Deficit.—V. $500,000 system was Net 1270. Capital Airlines, Inc.—Sinking Fund an Central Vermont Ry. 'February— from railway See details in V. 173, p. filed has Gross Offering Oversubscribed — The offering made March 20 of 170,000 shares of common stock at $11.121/2 per share was oversubscribed. .White, Weld & Co. headed the group underwriting this issue. Ltd. Prospect Canadian Recently application with the SEC with respect proposed amendments to its articles of incorporation designed (1) to increase its authorized capital stock from 8,000,000 shares of $5 par common stock to 10,000,000 shares of $5 par common stock; and (2) to limit the present preemptive rights of its common stockholders so as to permit the sale for cash of shares of common stock either by means of a public offering or to or through underwriters or investment bankers for resale to the public. The affirmative vote of the holders of a majority of the outstanding common stock is required for the adoption of such amendments; and the company proposes to solicit proxies from its common stockholders to vote upon the proposal - at its May 15, 1951, annual meeting. Central may retain the services of Dudley King, t a professional solicitor, to assist in the solicitation of proxies. " : ' The SEC has given interested persons until April 2, 1951, to request a hearing upon the application.—V. 173, p. 117p.:;^,.^>>^'-:y';i::!/>l^:;.;!' The to Investment News Canadian National Lines in New Columbus & Southern Ohio. Electric Financing— Central & South West Corp.—Plans General Monday, April 2, 1951 ... State of in 1,455 communities Volume 173 of Manifetee. Gross Number 4999 Population Of the terirtory served approximates 2,960,000. during revenues $23,286,500; and totaled 1950 $114,350,814; $10,004,340. income net / „ " CONSTRUCTION . to make to capital Dec. 31, PROGRAM—The 1951 in amount an has made and proposes additions from Jan. 1, 1951 approximately $48,800,000. Among company for property expenditures of ' the projects imately included $17,400,000 The erating plant in the of Lake on construction this Justin new Erie which on of corner * > (March 23 on 1950 company's dividends received General from Motors Du Pont spent for research. In ; facilities, amendment. Proceeds of the financing will be applied, to the extent of $9,000,000," the to gen¬ company total a of $38,000,000, Corp. /' reduction company's current indebtedness to banks; capital.—V. 173, p. 1171. the of STATEMENT CONSOLIDATED OF and added to working the balance will be INCOME FOR with in transmission installation of initial an two 1950 1949 $ the State Of . scheduled units, of 85,000 kilowatts capacity each, 1952, lines and is substations, for cou¬ with related which, estimated to Calendar $32,185,000, cost and expended unit is scheduled for completion in early 1954, of 106,000 kilowatts capacity, which, with related substation extensions," transmission lines and connections to the existing system, is • st'mated to cost $17,275,000, of which approximately $50,000 is to be expended in 1951', approximately $6,000,000 in 1952 and the remainder in en¬ Net suing years. Preferred which of approximately approximately in 1951. is It $5,000,000 expended was additional $16,675 G00 has been to be prior to is or 1951 that expected EFFECT on common $ 27/8% series due 1975 27/s % series due 1977. 3'/o% series due 1981 Cimmon stock $113,825 000 * • 25,000.000 * '. 40,000,000 <without par value)— Notes Trust Co., as increasing and the in in Halsey, advances Stuart & of the principal <fc Wm. Mericka Co. J. inc. 150,000 Coe & — E. M.. Newton Otis Pacific Ball, Burge & Kraus 500,000 Patterson, Becker G. & Inc. Co. 100.000 1 ,500,000 oi C. Bradford Bvrd Brothers J. & Co.™ Total Prov. Peters, Wm. 300.000 Net ry. & 111 income taxes & applicable of '•>' 150 000 from Net ry. —V. : ■ ' ' railway-.— income— 964.1 3,655;192. p. : 1,805,735 . Net income / 1,351,030 631,758 resulting shares price of under 200.000 250 030 Reinboldt 200.000 The ,i— Co., Inc. stockholders The subscribe 150,000 "Davis. "Dick Skaggs & Merle-Smith & ; & Co.___.__—, Clement A. Evans & Rothschild F. 103,000 103,000 ■ Scott. Horner Co.. on of March record before or April for 26 Subscribe— 1,500,000 & & 150,000 250,000 'Foster Gregory L Son, 7nc Hallgart'n & Co Harley, '& Haydon .iii, .; Scott & 300 000 Marshall—___ & Seasongood Mayer___ 200,000 200,000 750,000 Shaughnessy & Co., Inc. /'15O,OG0 Haunt & Co.— Heller,. Bruce $3.50 series ^__ — Bond Walter and • Share Corp Johnson, Co., dividends———— are to be given the right to additional capital stock at par 30 A. 203.000 Ta'-lor & Co-.—— M; K dder & Co Wheelock C. Accounts :■ co. 173, p. F. 1,500,030 — —V. Yantis S. & 100,000 securities The Subs.)—Earnings— (& ! ■ - $1,604,297 813,177 634,136 195,499 434,369 350,307 $ before Federal taxes income $ $ $ 155,182,652 sales Profit 154,299,443 161,2-8,774 2,759,184 3,228,527 2,761,619 1,081,291 1,666,671 525,606 898,099 1,216,419 670,055 its 8,933,196 3,395,000 12,538,101 4,865,000 taxes 4,095,000 / income 5,673,516 5,543,196 7,673,101 5,551,559 1,394,663 1,394,662 1,394,663 1,720,686 1,236,744 1,613,143 253,575 253,575 253,575 253,575 $3.97 $3.86 $5.84 —V. 172, p. covering .70,000 shares on March 15 shares 160,000 Crossett Lumber of filed $36,167,061 $18,751,472 $71,672,174 $39,202,922 21,000,000 7,517,000 39,400,000 16,470,0^0 Droceeds * are to corporate CAPITALIZATION be added to Crossett's GIVING general funds > EFFECT TO ' PRESENT Capital stock (par $51—— c Net used / shares Earnings per BUSINESS—The corporation, incorporated in Arkansas May 6, 1899, engaged in the manufacture of forest products. Its principal hold¬ ings located in and around Crossett, Ark., consist of a complete sawmill plar.t and a Kraft paper mill. In addition, the company owns timber lands in timber Southeastern lands Three in Northeastern hold trustees Lumber Co. all Arkansas, of for the and, through affiliate, an Louisiana. benefit of the stockholders of Crossett the outstanding shares of Crossett Timber & Devel¬ opment Co., Inc. Latter owns all of the outstanding capita' stock of Crossett Chemical Co:—V. 173, p. 964. * Crystal Oil Refining Corp.—Earnings— Year Ended Dec. 31— 1950 ancl of sale - - . * wing helicopters, and * 4'-', ,v. • ' ! . taxes — outstanding—p.—-— ——— - and P. 1,112,500 $0.07 1,112,500 $0.69 No. of alter preferred per —V. 171, p. taxes shares nreferred and charges outstanding $75,994 25,036 share 848. 1 . 25,035 * $4.77 $3.04 du Pont de Nemours & Co. (Inc.) — record ; placed year of m the last five years. 35%, of the company's 1950 sales since 1945, the report said. were earnings all" $6.59, of the incerase in dollar sales, the report em¬ to the greater physical volume ol goods produced. 1950 applicable to each share of common stock compared with $4.52 in 1949. Common stock dividends Si""h construction program for the years 1951 and IS'3 of 1953 for the steam-electric generating plants) i: approximately $83,200,000 for the electric systr-i for transportation the v"v and water sales Net incoipe Corp.—Earnings— Federal for shares Earnings per ♦Loss.—V. — taxes —- income taxes. —1 income — — 172, p. 2479. Eastern Utilities 1950 194) $22,024,064 $12,057 " 9 2,301,S40 MOS./O) 1,1/0,000 Ci-154,^') $1,131,940 - outstanding share.—; 173, ' — Profit before systems.—V. ■ Eastern Stainless Steel - in th? with cost $2,000,000 Capital 1949. "Substantially phasized, was due Total or part to Year Ended Dec. 31— Previous operation statements The stock offering is not underwritten. 1274, Net report, $460,000,000, registration company's estimated 1951 1950 $21,499,827 $14,735,361 820,437 130,285 . filed on March 22 $35,000,000 first proceeds of the financing is estimated at $44,310,000. will be used for the purpose of financing in part the (including were from Totai sales for the year hit a -new record high of $1,297,000,000. That was -$272,000,000, or 25%, higher than the sales figure for the previous About • com¬ construction program. The proceeds in respect of the bCEtk: may also be used for the purpose of reimbursing in part the treaou • j of the company for construction expenditures subsequent to Dec. 1S50, including the payment/of any bank borrowings for construct! n purposes pending permanent financing. (& Subs.)—Earnings— comriion share "annual 1,973,663,082 1,748,675,5 3 pany's to pay for research in the rotary spent almost $550,000,000 in facilities 1949 $119,544 , Net income its 100,000'")) ' company covering Net distributed this year to more than 125,000 stockholders, the company measured in concrete terms the significance to it and the nation of a construction program upon which it na3 In 623,74 — provided. Production Records Surpassed— .. 224,168 *)) -— Provision adjacent : proceeds is (E. I.) 225,156,620 —— and refunding mortgage bonds, serio 5 common stock (Without par value). for public sale at competitive bidding. The stock is to be offered for subscription at $75 por share by storkholders of record April 6,- 1951, on the basis of one new share for each 10 shares then held. Additional subscription privileges ar-i Placed—The company 31, 1951, the consolidated backlog was $51,884,000 as com¬ pared with $41,626,000 at the end of the previous month and with $23,216,000 at the end of January, 1950.—V. 173, p. 964. 1,124,680 shs. 168,885,000 100,000,000 168,885 V5 — _.— 756,860,737 !! !„_—-! 173, p. 659. The Jan. Oh /. / due 1981, and 126,255 shares of The bonds are to be' offered filed a registration statement with the shares, without underwriting.—V. 171, ' " —— after income Common costs— contingencies—_ /.:"' Total —V. * „ proceeds are to be used sales Net —— stock Surplus The Outstanding 1,280,000 shs. k 1 Dresser Industries, Inc. FINANCING Authorized March 28 on Quarter Ended Jan. 31— and series >• series— $3.50 SEC field, for the design, construction, test for working capital.—V. 173, p. 1274. •••-. " $4.50 Common privately with individuals 10,000 snares capital stock (par $1) at $5 per share through Cohu Company. : i:" r;1'1 & 8,356,825 * 20,900.99) 31,253 3/7 in March placed of 3,800,000 20,900,000 31,927,674 " , Doman Helicopters, Inc.—Stock L 11.370,563 17.054,757 pensions stock: Preferred San Francisco, Calif.—Registers Cox Fund, & company The purposes. • 27,575,717 444,097 f1! for J Duke Power Co.—Registers With SEC— p.. 2096." Offered— on 2479. p. one —• (exclusive of certain funds held by trustee of pension trusts) " 31,193,215 Reserves for depreciation and obsolescence— 502,054,449 $15,167,061 $11,234,472 $32,272,174 $22,732,922 ____— covering 25,000 beneficial SEC of the company's stock to the general public. general 172, The letter of notification a March 22 publicly offered to residents of the States of Arkansas, Louisiana and Tennessee 5,000 shares of common stock (par $5) at $21.50 per share. This constitutes the first offering of The profit with sec.— common Co., Crossett, Ark.—Stock Equitable Securities Corp. any profs, exc. Dodge corporat'on SEC for -V. Okla.—Files With SEC— with the stock (par $1), of which are to be issued to repay loans made to the corporation by stockholders anri 90,000 shares are t;i be offered privately ana personally to business associates of present stockholders at $2.50 per share, without underwriting The oroceedi are to be used to pay for new equipment and development costs.—V. 164, p. 1591. The Net 2125. Coronado Mines, Inc., Tulsa, , & 24,832,539 fund—unawarded balance— bonus Provision 1951—6 Mob.—1950 $3.86 Common ; taxes 1,075,429 shares outstdg. Earnings per com. share chgs. Inc. 33,464,700 30,033,152 33,018,339 —^ liab:lities___— L : !"'■"'/! ■ 50,013,138 32,799,153 , —!v: awarded In cash—payable beyond Bonus • Subs.)—Earnings— 1.394,662 Common "■ !* /!.■/ —__——! —— — accrued Other . and • dividends paid dividends paid payable: ' construction 1951—3 Mos.—1950 6,761,217 1,973,663,082 1,748,679,573 " excessive Prof, after all oper. Net Preferred 7,012,529 (10,- Corp. insurance Feriod End. Jan. 31— 23,216,990 18,419,156 40,420,923 st,ock)_„___—I 410,000,000 s: 343,500,000 for Distillers Corp.-Seagrams Ltd. (& 18,255,532 11,310,537 for 9,036,559 3,485,000 ." 42,168,864 etc, Motors common Miscellaneous Specialties Rubber 139,348,385 866,483,966 ' „• , — General in shares LIABILITIES— ;.,V year. Class B industrial rubber , 156,038,445 963,703,223 : investment—!--^ trademarks, Reserves now 71,725,031 ! - . 71,293,924 5,276,735 L_: and charges Trade that not'wholly Reserves 150.234,571 9,768,516 ._ !„ patents, Accounts . Net !—!_!——_ (at approximate cost) gloves for is , 6,596,812 Total $1,450,153 429,047 on March 23 announced manufacturing specialized company . • $1,264,523 ■' railway_a__ . —— properties securities Deferred .-,89,247,446 —— i__ owned Goodwill, the Dec. 27/47 Dec. 25,'48 Dec. 31,'49 1— 1948 162,228,246 I %■ ——112,548,788 Securities of contcolled companies Other - $ 1 (at cost or- less, not in excess of and 000,000 1949 1950 •$ Ut S. Air Force and other governmental services, under contract to Miller' Froducts Co., New York.—V.' 173, p. 1171. / : Division 52 Wks. Fnd. 53 Wks. End. —52 Weeks Ended Dec. 30/50 - receivable: " reserve market)'" Plants Earnings— 1949 1950 - ' and notes Miscellaneous / Dewey & Almy Chemical Co.—Gov't Contract— / 756,860,737 623,741,583 —- SHEET/ DEC.* 31 • less Inventories 300,000 Co., Inc, 1274. Continental Bakin? Co. income..— oper. Jan. 3,468,634 Net from railway— 1,636,654 Net ry. oper. income—„ 671,574; —V. 173, pp. 564, 964, 1171. 150,009 Co & J 1951 $1,635,855 717,335 304,381 railway— railway—! from Gross Cummins, White N. ry. From 400,000 1,500,000 Inc. 600.030 Ladenburg, Thalmann & from from Net 1,000,000 — & Co & ! BALANCE CONSOLIDATED Marketable to February— Net 150,000 Inc.— Co., Wertheim 603 000 Inc. Kean. & Co.—_ & Thomas & Co._— & Space Stokes plans company Gross 200.000 - 7,599,£25 156,782,906 Trade, Detroit, Toledo & Ironton RR.- 250.000 .'/ 8,261,055 3,500,000 3,500,001> 240,756,214 152,304,680 — Cash " Co., Co Stroud 200,000 . Lane, & _ & ! :i 7,599,825 ———— at end of year -X Investment 200,000 ;I. ■ 10,873,280 '___ stock Surplus 600,000 Meyer. Inc. St'x - 250.000 Co._ & Nicolaus Stifel, 600,000 750,000 Indianapolis Frank Stern, 250.COO Co. & & Brothers & Co.„_ Stern 100 000 Ira & Starkweather 1 500,000 Co., Hirsch & Co Stringfellow—_ r dividends: stock series sell approximately $35,000,000 of new first mortgage bonds early, this fall and use the proceeds to finance, in part, its construction program. ->/'• r • • .t« •/ ; : J. W. Parkeri/ President, reports that-the company pl*ns to spend about-$60,600,000 for construction in 1951 as part of accelerated expansion program resulting from the defense program.—V. 173, p. 1071. I:''"'-V \ ' .-V [y'J/ The Mason, Inc. Co., share). per Plans Bond Financing— 1,500,000 & Hutzler Salomon Bros. 35,823 employees to ™„1,008,716,776 787,146,093 Total Preferred ! $4.50 : 500.000 Co., Inc. L. 1 ,500.000 John Douglas & Co., Inc. Este : 100,000 Co value, of issued - ' ($20 52,000,000 Corp.—66,500,000 par ... Robinson-Humphrey 307,601,913 213,672,141 in- of Bonus* Plan—„— the com-r . Detroit Edison Go.—Rights to > 250,000 Gardner & over stock common such from . ,____—____—___ Motors General issue of Excess 1949. 1950 r. 1949 :■:!'/ !$ 623,741,583 513,212,901 revaluation from in vestment *44,799,182 '$4.52 OF CONSOLIDATED SURPLUS the year___ for Adjustment 10,373,203 3,267,808 2,130,655 11,210,181 2,780,001 1,464,030 8,348,698 11,693,803 . 1950, , .. Common railway—. the dividends received and $2,264,090 in 1949. exceeded $592,379 in STATEMENT - /" split Which became effective June 15, •/■'/■"'!• -'W;,. 1— oper. 173, ■ ' 44,996,739 $6.59 company's equity in profits of controlled companies owned) wholly ; $5,067,128 1,704,531 1,115,285 $6,044,100 1,760,669 • 924,151 $3,857,334 " 607,547 918,081 */' 252,606 $5,424,429 1,849,796 ... Pont 202,572,316 296,502,088 shares, in ASSETS— 600,000 City Securities Corp Securities Corp. 213,672,141 11,099,825 11,099,825 Surplus at beginning of year— -• 1948 1949 1950 1951 ' . income—. oper. from Grcss Raffensperger, Hughes & Henry Dahlberg & Co.__ "Clayto 79,786,868 337,601,913 common stock.—— outstanding during to stock- com. (exel. tfOTE—Du \not Co., Inc. 100,000 Co. Co., Inc. 6,050,900 120,357,802 Dividends ■ Phillips Cassell F. 10,760,000 (net) • Caldv/ell C. income other on *After four-for-one stock The May 1, 1981. TWO MONTHS AND FIRST FEBRUARY FOR railway Jan. From Net & 85,836,368 Federal issue railway!——. / from & Pollock E. 4,905,855 Net operating and other incomeon preferred stock ; 931,013 8,180,584 treasury).. — Amount"applicable to each share of com. stk, proceeds, from Net 150,000 Writer Income incomc_—____—131,117,802 other for Other applied to the Interstate Commerce Commission and sell $40,000,000 of fir^t mortgage bonds, has to be February— 250,000 200,000 Copeiand other Rio Grande Western RR.—Plans Refunding dated May 1, 1951, and to mature rate will be set by competitive bidding. to net Gross 1,500,000 Co.— Northwest 80,000,000 com- t period in connection with stock dividend.—V. 173, P. 659. EARNINGS Christensen, Inc. 200,000 Phelps, Fenn & Co.— 1,500,000 300,000 . Co Kendall, Inc. 1 ,500.000 Co.__________ Rollins & Co. Inc. Blair, & controlled in wholly owned..—2,937,218 not Shares ' 200,000 Roger S. Palmer Co 200,000 K. Baum & Co._ Bioren Minneapolis, Minn.—Debentures on 400,000 Co.—_ & 500,000 200,030 133,835,273 120,000,000 .• _________ Corp. common stock investment ^ c together with treasury cash, v/ill be used to redeem $35,062,200 of outstanding first mortgage 3%-4% bonds, series A, due Jan. 1, 1993, and $8,666,900 of Denver & Salt Lake income mortgage 3(1-4.% Donds due. Jan. 1, 1993.- 250,000 —— — Mullaney, Wells & Co. of company B, The « set $200,000 100.000 (net) Gen, Motors Miscellaneous *' (approximately $17. per share) for the account fractional interests issued in lieu of fractional shares on authority interest Co., Bacon, Whipple & Co. Baker, Watts & Co.____ A. for the are ___. 100.000 .. The •, not to and underwritten Mackall Applegate & Co. George panies market the 1948, 15, series underwriter bonds new Co. Aub & Co * - 187,244,111 22,151,756 to ' 1950.—v. lime in first for on from panies by ' each $9 ,000,000 G. A. E. of sums at Denver & below: * Allison-Williams indebtedness and other $500,000,000.. name holders of be may and sold Nov. future advances and other secured thereby, the indenture amount amounts table consolidated . corporation of ' $500,000 which sums principal the •• ■ 'rInc. •Geo. 5,615,176 shs, 6,000,000 shs. The be the aggregate PURCHASERS—The respective $29.97 . from "/Balance the future secure $33.97 Divs. 84,063,575 72,480,467 23,443,839 110,730,000 77,508,059 fund)—^ operating income income 607,376,251' 212,870,000 expenses.' obsolescence (credited taxes Operating Income March 26 filed a letter of notification with the SEC covering not in. excess of 900 shares of capital stock (par $10), to Co.— decreasing or indebtedness exceed forth value)™' par Service of $13.14 Daystrom, Inc.—Files With SEC— . r company's indenture to City Bank Farmers trustee, dated as of Sept. 1, 1945, provides that, until a indenture or indentures shall be executed and recorded supplemental may (without 2.01 37,450,033 $17.18 •' admin, and and 712,997,851 96,756,413 etc. — sold, bonus B Federal ~ 935. p. Class 7,500 000 43,450,182 at Dec. 31— share" at Dec. 31— subsidiary owned 7,500,000 share at Dec. 31- common Depreciation 29,495,415 " 23,650,541 3,947,900, 3,726,600 — goods general . J 547,788 ShS. (200,000 shs. 1,000,000 shs. ___( payable to banks— *Sect'on $2.09 : J Public Michigan per revenues 1,309,528,190 1,031,979,405- of Selling, Placed —The company has placed privately with a group of insurance companies an issue of $600,000 4% sinking fund debentures to mature in 13 years.— V. 157, p. 439. • ' ' • 6,750,000 "preferred $4.50 , _-l- '■ ' _!—...— $4.52 preferred..-— - '. . !. payable to banks Pfd. stock, cumul. •> (par the business in 1,297,473,345 1,024.775,280 12,054,845 7,204,125 — operating Total Cost Privately mortgage bonds— Notes (par $100.)—_ $5) outstanding outstanding Davidson-Boutell Co., Outstanding Authorized „ value 5Wholly ■ First stock stock Working capital per common 172, 1,687,500 $4 65 . share—.'—i-_—-/—T at Dec. 31— —1 Earnings retained Book ^ 200,739 comrjion Working capital • slock——_____ ; 1,230,040 3,332,724 2,250*000 taxes_ after FINANCING PRESENT TO On' Common 1,652,235 7,143,957 —— Federal income preferred- stock—' Earned per any GIVING earnings 172,676 a— —_—„ sales Other $88,155,378 $64,998,260 —.a income Net 1949 *1950 J Dividends additional securities in 1952 in the amount of $35,000,003 to $40,000,000, the type of which has riot yet been determined." CAPITALIZATION " Dividends additional public financing will be required in 1951 to carry out the 1951 construction program. Tn order to carry forward and finance the company's construction after 1951„ officials of the company estimate that it will be necessary to issue not Years— sales Other Net third A Inc.—1950 in Brief— Dan River Mills, YEARS CALENDAR wholly-owned subsidiary companies) (Incl. , • Michigan plet on cost of new* 1950-, not including -the the report stated. Supplier! by approx¬ 1, 1951, are: Whiting steam-electric R. southeastern the in program, prior to Jan. expended was construction the the filed a registration statement with thd £EC covering $10,000,000 of, sinking, fund debentures due April i, 1966. Halsey, Stuart & Co* Inc. is named as the principal underwriter.. The interest rate, public offering price apd underwriting terms are to be The 1950 amounted to $5,35 as against $3.40 paid in 1949. Of earnings psr share of common stock, $4.09 was derived from operations and miscellaneous income and $2.50 from paid during Cudahy Packing Co.—Registers With SEC— - income gross % (1375) The Commercial and Financial Chronicle ... 420,000 $2.70 *$252 ")"; t 315,2 3 Mr! * Associates—Files Amended Plan— announced on March 21, has filed rn plan with the SEC. calls for reorganization of the EUA hold'ng coirT*-~-'y 'system so that there will be substituted a single operating-he! :ng .company with authority to acquire and own the properties and bu i"e 1 of EUA's present subsidiaries listed as follows, and all of tha secur t/n of its subsidiary, Blackstone Valley Gas & Electric Co., together * x The it reorganization corporation, amended was * The any plan other assets of EUA to be transferred to it under, the terms Electric Light Co. and Montaup plan; Brockton Edison Co., Pall River General Eastern Edison Electric Co., Inc., was have been taken to have its name Electric Co. The new company, organized Feb. 16, 1951, and steps on changed to Eastern Edison Co. ferred American Transportation Stock— This corporation ... dividends. ■' v.! • •, , General will held be the "on distribution for EUA by shareholders that basis ■ • Appliance York, N. Y—V. 173, p. 1172. ; •• '■ ■; to its common of number exact have available corporation covering the new company to each March for working filed 9 debentures will elect take to 173, p. with the Costs and expenses —- Operating $ 5,243,342 ; for Federal income Gross Net profit Common 4,783,974 680,744 No. 30— sales 1950 1948 1949 - ——————$116,976,335 $105,168,637 $137,726,979 taxes 6,351,495 3,729,291 15,938,599 868,405 863,390 859,475 Earnings per 173, share common •Excluding ---V. inter-company $7.10 sales. $6.69 $4.10 - TAfter reserves contingencies. for —V. 171, 1,569,797 $1.59 $1.52 $2.56 p. Erie Forge Co. (Del.)—Stock Offered—Lee Higginson Corp. and P. W. Brooks & Co., Inc., are today (April 2) publicly offering 75,000 shares of common stock (par 10 cents) at $4 per share. The net able for proceeds general will be corporate CAPITALIZATION added working capital and made avail¬ to purposes. GIVING EFFECT FINANCING PRESENT TO Authorized first mtge. bonds due Notes* due banks 1965 5% Outstanding $1,600,000 • 5% .$1,600,000 (par $100)— T — first pfd. cum. stock 5%. xum. 2d pfd.- stock (par $50) •Common -stock ipar .10 cents) •The ^stockholders 11,562 shs. in -February. 1951, approved 230,000 outstanding .shares on a 2Y2-for-l basis, i, BUSINESS—-Company 'V 11,562 shs. 14,000 shs. 650,000 shs. ; » •_ 14.000 shs. 650,000 shs. split-up a the of incorporated in Delaware in April, 1950, and in July, :1950, it acquired the business and assets of Erie ForgeCo. rand Erie* Forge & Steel Co., bolh Pennsylvania corporations, which vrere -established producers of heavy steel forgings. and castings.was A letter of'notification ing filed with was the -above-mentioned 75,000 the SEC on March 20, shares of cover¬ stock.—V. common 172, P.'380. *Erie RR.—Earnings— - - { 848. . ... From -Jan.'1— Gross -from Net from Net ry. —V. % railway.... .railway 28,235,080 ,7,201,125 income.* 2,913,446 oper. various : 22,077,038 4,231,493 1,815,352 24,935,378 4,902,564 directors of snare $1 1,981,426 After share March voted 14 distribution a transfer taxes on sales and repurchases of 173, p. 1171. Federal preferred of taxes, net income amounted to $1,152,000. dividends, stock common ; ' f-'O-A,..' i*. J -K--1 Georgia- & Florida RR.—Earnings— 1951—Month—1950 Ry. of one additional oper. revenue-——, oper, expenses ■f Net Net fr. rev. ry. shares of the Fund $261,421 223,149 \ oper. •Deficit.—V. 16 approved proposals to change the ;■;f■ States Tobacco Co. oper. $200^593 198,907 $577,506 456,669 A wmhJ? £ ft*1 below.—V. 172, p. Jan. From Gross RR.—Earnings— 1950 $120,837 44,180 414,505 $7,419 •47,596 flnnounced that it had 1949 1948 ry. $619,980 $644,972 52,682 47,104 63,672 38,059 22,952 1.588,210, 378,045 320,113 1,190,906 1,346,382 113,931 • •' 148,112 82,945 107,800 from p~ "172 sfc0ck ^ve already deposited their stock 173 ized a .'.' ' .'A • the ' '• * "« whether ;in requirements might not ways.—V. 173, p. 381. the . be in $840,700 Glidden Co. o^cletur of notification was filed with the SEC on March 19 covering ®ommon stock (par $5) to be offered at the market stockhS?.—V. 173™, "fif The P^ceeds are to go to a selling more advantageously . Profit before income taxes income for (& Net Subs.)—Earnings— taxes Common (Incl.. Rock wood Sprinkler Co. and Eagle Signal Corp.) 9 Months Ended Feb. 28— 1951 operating profit before provls'on for U Canadian income taxes and U, in 1951 * " : 1950 •After other : M. Scott, outstanding common share— 1,971,300 $1.23 preferred dividend requirements,—"V. $0.70 revenues Net operating after ' "•6S :$1'3§|g "S1'69M98 ' — : —— per income- - on S1'426'a8° Jggf *$791480 357,912 shares for .nine the outstdg. months-ended d«£es .an nmount fcf $15,250 resulting v —V. ^ 173. p. 964. 536,128 $2.21 Feb. 28. ■ $771 177 $2.15 1951 in- from an adjustment, in the Canadian ..dollar arising .in .consolidation, — charges— $23,303,525 $20,595,536 16,805,019 15,307,638 3,971,909 3,103,222 $2,526,597 2,041,722 $2,184,676 1,781,848 Incorporated Investors (Mass.)—Registers With SEC— The Trust has filed a registration statement with the SEC covering (par $5) to be offered at the market through The Parker Corp., Boston, Mass.—V, 173, p. 660. Granite City Steel Co.—Rights to Subscribe— The date See V. stockholders of record April 3, 1951, or such registration becomes effective,, are, to be given the or before April 17, 1951, for. additional common at the rate of one new share for each 3Y2 shares common on which to subscribe (par $12.50) ... share — — on later right stock Indiana Associated Telephone Corp. .. held. 1951 revenues Uncollectible operating -Earnings— revenues—: — 1950 $519,302 Month of January— Operating $400,153 681 800 $518,621 $399,353 314,593 173, p. 1275. Operating revenues ! Operating expenses Rent from operating property——1— Operating; faxes' ——:— " — Miscellaneous. Income , - • 1351 1950 $23,369,379 $20,663,632 65,854 68,096 —V. 173, p. 860. 1 381. —— — operating revenues Operating taxes $0.S5 p. on a proposed increase in In¬ and on an increase in author¬ $100, from 15,000. None ot par , Operating expenses $1,629,882 1,782,936 173, ; . Financing— Jr., Operating revenues 1949 $1,364,521 1,780,536 May 28 will vote Month of January— , *££&£ """" P"""3 ta':'S if^t Income , 400,000 shares of common stock S. excess Aft per $2,655,343 3.748 or preferred stock has been issued. change in the amount of authorized Operating ' $630,189 . $57,198,426 $36,998,283 $41,333,460 —5,313,343 2,207,521 2,646,182 ^ 2,658,000 843,000 1,016,300 ———— shares •Earnings iqrn 8 —' income 1950; Illinois Bell Telephone Co.—Earnings— Net Gamewell Co. in common stock, which is at this time. President, said the increased authorized indebted¬ ness will put the company in a position to obtain funds necessary to meet its contemplated financial requirements. These needs may be meg either by increasing long-term obligations or by sale of preferred stock, " or by both methods, Mr. Scott added.—V. 172, p. 11. - (& Subs.)—Earnings— income Provision deferred 5% 173, p. 201. preferred stock to 30,000 shares, W. light of. subsequent developments, capital 3 Months Ended Jan. 31—^ Net or 1949.—V. Uncollectible Gamble«Skogmo, Inc.—Filing With SEC— 218,166 No Co.—May Change Financing— provided $725,367 adjustment 500,000 shares, par $10, is contemplated In connection with the filing on Dec. 28 of a registration statement the SEC covering 159,142 shares of class B common stock (par $1), the company states that while need for additional capital con¬ tinues, this proposed form of financing has not been consummated. The management felt it advisable to delay financing pending a study determine on debtedness from $1,500,000 to $3,500,000 83,504 '' ^ 1,558,101 $471,890 int. - The stockholders on 140.347 with to 1,552,612 100,837 adjustment income bonds — •Excludes deferred 1,335,504 , 173, p. 964. / $1,050,600 bonds on 31,941 income $950,063 - I-T-E Circuit Breaker Co.—Plans railway railway oper. $1,021,705 59,017 — income Deficit $569,293 Glenmore Distilleries extended Gross •Interest 129,593 from from Net • $9,136,559 8,186,496 $1,080,722 Operating income •Non-operating income V Income charges exclusive of 1950 1949 • $10,035,825 9,014,120 operating revenue/ Operating expenses & taxes^ l— Net 2023. f e time within which stockholders of Ohio-Apex, s.tock in exchange for Food Machinery stock, , exchange—V° Earnings proposals common $421,924 $752,961 160,297 income ; Machinery & Chemical Corp.—Offer Extended— 16 and of of Hartford Rayon's Year Ended Dec. 31— _ Net approved 28 shares . 1951—2 Mos—1950 ; •26,164 : 1951 railway railway— from ry. Fleming-Hall Tobacco Co., Inc.—Sale— u, of expansion Hudson & Manhattan 173, p. 1071. * ' from Net —V. 1 March on number and ■ income the Increase the commor stock from 5C.00C shares (par $5) to 200,000 snares (par two new shares being Issued m exchange for each $5 par share held.—V. 173, p. 1171. a In The proceeds were used- to refinance former mortgage and term totaling' $427,000, and the balance will be - used for general corporate*.purposes/ n '• v" .. ' Georgia RR.—Earnings— — na!£e «ofJthls comPanV to pioneer Fund, Inc. and to authorized Food stockholders conversion (indebtedness ; : $1,686 , . $38,272 1,887 ' income—_ oper. ry. Gross United The of ments Net March on * on Hartford Rayon Corp.—New President Elected—Stock increase 1950 were equal to $5.06 per shares presently outstanding as Dividends declared on the com¬ maximum of Ry. Fidelity Investm't Associates, Inc.—Name Changed, etc. stockholders statement with the stock, to be offered Increased—Accrued Preferred Dividends to Be Paid— earnings in the 209,938 on February— for v - 2,248,650 value par 965. p. March 15 filed a letter of notification with the covering 750,000 shares of non-assessable common stock to be offered at par (10 cents per share), without underwriting. The proceeds are to be used to pay for exploration for oil and drill wells. company Gross on 173, Co.—Registers With SEC— Gunnison Oil Co., Salt Lake City, Utah—Files—' The heating, refrigeration, industrial and aircraft applica¬ . See above.—V. Inc. Co. SEC $35 per share and a minimum of $25/;CV'='^-',v' Employees would haVe the option at any time to cancel their pay¬ and to receive a cash refund or the equivalent number of shares.—V. 173, p. 1172. a 5,936,887 capital stock, payable April 17 to stockholders of record March 31, 1951. This is in effect a 2-for-l split. °n March 13 the stockholders voted to reduce the par value per share of the capital stock of the Fund from $5 to $1, thus decreasing The Electric Louisiana calling for an stock,- and a program plant and facilities to produce a larger quantity of carpet rayon. Under the terms ol compared to $2.32 per share in 1949. the proposals, Bigelow-Sanford Carpet Co. became the major holder mon stock in 1950 amounted to $1.79 per share.—V. 171, p. 1784. of Hartford Rayon securities. Fojur new directors elected at the meeting were James D. Wise, President of Bigelow-Sanford; and W. N. Freyer, John A. Donaldson General Telephone Corp.—Stock to Employees— and R. B. Freeman, all officers of Bigelow-Sanford. Four, directors The stockholders will vote April 18 on a proposal to reelected at the meeting were Dexter Coffin, Talfryn James, Hamilton offer 150,OOC shares oL common stock to the System's 18,000 employees. In a proxy Pell, and William Steinschneider. statement mailed to stockholders, the management explained lliat, % James D. Wise has been, elected President of the Hartford corpora* under the plan, the stock would be paid for on the tion, succeeding William Steinschneider. John A. : Donaldson - was installment/basis over a elected Vice-President and Treasurer, and Robert B. Freeman Viceperiod of 25 to 35 months,, with the employee taking title to the stock only after payments are completed. President. Rodney • Piper was elected Secretary and Assistant Treas¬ Payments would be* made either -directly or- by -^payroll urer. The directors voted to pay preferred stock dividends amounting deductions, with no right* of to $2.37Vz a share, which have accumulated over a period of 9yz years prepayment. .Interest at the rate of 2% compounded semi-annually * would be paid on the "installment .ended Oct, 1, 1950. At the same time the semi-Snnual preferred balances.-;--; ; v i ; iVy.'/V'X dividend of 12V2 cents per share for the six months endihg April 1, ; Officers of the corporation; would not be eligible to participate in the plan. The offering wpnid. be made,'however, to all other regular, ,1951 was declared. Botk are payable April 17, 1951 to stockholders of record April 10, 1951.—V. 172, p. 196. employees of the System who inept certain requirments as to length of service. The number of shares to which an employee coilld subscribe would be proportionate to his Annual salary, ^ Homasote Co., Trenton, N. J.—Debt Refinancing— ; up to a limit of 250 shares. «'/■' j ">>>] ■■ ; ; The company in January, 1950, placed an issue of $700,000 firstUnder "the plan, the price of these shares would be $3 below the mortgage .5% bonds due 1950 to 1965, inclusive, at par, with the average market price, either for the month in which payment is Jefferson Standard Life Insurance Co. and the Hankers-National Life completed or for the next succeeding month, whichever is lower, with Insurance Co. ('".''V'v-'':'1'•; S:''''-' estimated 000 > 27,321,145 Fidelity Fund, Inc.—Stock Split 2-for-l- V* > tions. Capitalization as of March 1, 1951, after giving effect to the proposed financing, consists of a term loan of $2,000,000, 55,729 shares of 6% preferred stock, $25 par value, and 259,938 shares of common stock. The company's sales in 1950 totaled $13,176,000 and after $1,286,- Period End. Feb. 28— v Calif.—Registers With 173, p, 964. The Offer- Service Co., Inc.—Exchange . —February1951 1950 ., 1948 ; ; 1949 Gross from railway— $13,394,308 $10,411,707 $11,913,047 $14,387,402 Net from railway.. 3,112,273 1,935,925 3,828,165 :2,307.181 Net ry. oper. income-.. 1,198,345 852,432 935,422 1,617,435 , 1172. 173, p. public sale at competitive bidding. Net proceeds of the stock sale will be used for general corporate purposes and the financing of a portion of its 1951 construction, re¬ quirements. '*■ The financing proposal is designed to yield $3,500,000 to the ccmpanjr (before payment of expenses); and thus the number of shares to be offered is subject to modification upon acceptance of the bid for purchase of the shares." See also V. 173, p. 1275. This company, according to W. A. Ray, President, on March 29 filed with the SEC a registration statement covering a proposed public offer¬ ing of 50,000 shares of its common stock (par $5) to raise additional working capital In anticipation of a further growth of sales. Smith, Barney & Co. of New York and Wagenseller & Durst, Inc. of Los An¬ geles, were named as the principal underwriters. / The company manufactures a diversified line of automatic controls in 1,669,522 28,500 for SEC— used 659. p. 27,935,071 3,728,395 191,913 •3,070,328 The company on March 21 filed a registration SEC covering 200,000 shares of its no par common 680,744 1,334,328 General Controls Co., Glendale, Year Ended 25,297,857 •967,826 •4,185,565 23,670,280 •1,722,511 29,906,259 2,509,460 •363,707 _ income Central see 1948 1949 1950 4,694,363 3,067,974 680,744 1,334,328 Earnings per common share Union Co., MONTHS $13,228,237 _ railway oper. Gulf Public 2,830,000 TWO FIRST AND 1— railway •Deficit.—V. 'v Net income after charges and Common shares outstanding from ry. 7,524,363 1,716,000 3,172,314 dividends include Drexel <fc group 1951 income— oper. from Net 7,501,306 23,057 2,075,000 Preferred dividends railroad equip¬ $14,345,732 $12,654,519 $12,206,309 80R822 224,330 •656,762 •555,650 •1,584,441 •2,346,546 . railway From Jan. 5,247,314 taxes. Stuart & Co. Inc., York, 99.10875; also standard-gauge new FEBRUARY FOR Gulf States Utilities Ely & Walker Dry Goods Co. (& Wholly-Owned Subs.) •Net ry. $ 4,771,728 12,246 3,972 . _ Provision This investment company on March 26 filed a registration statement with the SEC covering 100,000 units of trustees certificates (subscrip¬ tion limted to offcers and employees of General Electrc Co.).—V. 171, V' from Net Dec. 31, '49 Dec. 25, *48 106,775,985 105,953,757 110,540,499 101,532,643 101,182,029 103,039,193 „. income Total Elfun Trusts, New York—Registers With SEC— 1356. profit Miscellaneous New than $13,447,500. offering the of ( Net Net Thereafter, EUA's remaining assets will be transferred to new company and EUA will be terminated. EUA owns 171,804 shares (99.2% ) of Blackstone stock; 235,138 shares (97.4% ) of Brockton stock, and 207,338 shares (98.5% ) of Fall River stock. \ The three subsidiaries own all of the outstanding preferred and common stocks of Montaup. The amount of the new bonds of Blackstone to be issued is not specified.—V. 172, p. 1828. Halsey, of and Stroud & Co. Inc.- Securities Corp., stock." p. members by cost not less February— from railway— $ sales secured are to Gross Dec. 30, '50 Period— Net Bank 380. 52 Wk. End. 53 Wk. End. 52 Wk. End. convertible share follows: as National . certificates estimated Other notification General Baking Co.—Earnings— common known how many stockholders instead of new company common cash capital. of stock.—V. were First The and Commerce awarded to the group their bid of 99.439. for 27/8s. EARNINGS of EUA cannot be determined until it is of Blackstone letter a and on received bids Other Interstate the of The certificates were March 28 99.209; convertible and company and common on The to be used are on above authorization to Commission. ment The net proceeds The will be Vk times the amount by each convertible share. common shares that EUA will distribution for subject oversubscribed. was stock received by each EUA common share of new company common stock received ITie «> • Corp., shares of common stock amount of new the cates Springfield, Mass.—Securi¬ Offered—Gearhart, Kinnard & Otis, Inc., on Mar. 20 placed privately with individuals $50,000 of 6% 10-year convertible debentures due 1960, and 35,000 shares of common stock (par 10 cents) in units of a $1,000 deben¬ ture and 700 shares of stock at $1,000 per unit. The issue SEC balance of the new company's 1,500,000 $10,740,000 of 2%% equipment trust certifi¬ maturing semi-annually Oct. 1, 1951 to April 1* 1966, inclusive at prices to yield from 2% to 2.95%, ac¬ cording to maturity. Offering of the certificates, which are issued under the Philadelphia Plan, is being made offered 29 ties sburcs The fered—Salomon Bros. & Hutzler and redeem on May 1, 1951, all outstanding shares stock, series A, at $101.25 per share plus accrued made on and after April 30, 1951, -at the and Ry.—Equipment Trust Certificates Of¬ associates on March Great Northern Calls Pre¬ Payment will be Manufacturers Trust Co., New stock and obtain a $3,500,000 bank loan Bank loans of Brockton, Montaup and EUA will be paid off; and all outstanding bonds of Brockton and Fall River, as well as the existing bonds of Blackstone and the preferred stock of Blackstone, will be redeemed. EUA will make a 45-day offer to minority holders of Blackstone common to purchase their stock at $110 per share; and all minority interests will be eliminated by the distribution to minority stockholders of the number of shares of the new company common set forth below in exchange for each share of subsidiary stock held by them: Fall River capital stock, 2.9 shares; Fall River employees' stock, 1.2 shares; Brockton capital stock, 2.4 shares, and Blackstone common stock (not tendered to EUA), 5.2 $12,500,000 of preferred (for construction purposes). — ■; will of its $4.25 preferred The new company, which will register as a holding company, will acquire the property and assets of Brockton, Fall River and Montaup, all .of Blackstone's common stock, and the entire issue of new Blackstone bonds. It will issue and sell to the public $28,000,000 of bonds Corp. .' w Grayson-Robinson Stores, Inc.—Registers With SEC— The corporation on March 29 filed, a-registration statement with the -SEC covering 100,OdO shares of 'common stock (par $1). The price and •other terms will be supplied'by amendment. Emanuel;* New York, have 'been .ta -be used to reduce Deetjen A; Col, named principal underwriters. The" proceeds are outstanding. notes.—V. 173, p. 1172. ; — —— — ' Net operating ^ income——1/—— charges..— — ————L_ Net /after —V. 173, p. 1275.. ^ 365,048 50 50 >79,843 49.564 $73,678 $35,146 45,750 5,930 1 Volume 173 Number 4999 The Commercial and Financial. Chronicle^ . . (1377) Insurance Co. of North The ,, shares of "new'/ the the .required legal May 1, 1951. A. dividend Stock, V. authorities, charter is which expected /• . $1 filed, and is - share has been declared per to be ' ' • the on on hearth additional about or ' April 16, 1951, to stockholders of record March 30, Philadelphia,, Pa./ Said fold" capital stock was quoted "ex" on the New York Stock Exchange on March 27, 1951.— at dividend 173, 860. p. • • EARNINGS—DIVIDENDS-—For T . 451,000 February— from railway 'v, 1951 Gross Net " from Net ry. Gross $2,556,724 182,111 486,877 306,355 323,160 85,740 245,632 68,389 2,471 5,856,011 5,317,762 5,135,501 5,357,382 Net ry. 853,162 1,280,443 793,851 ment 644,173 279,039 202,083 Series A, Series Brickley, on Such 15, 1951, S. cr dividend Dec. 142,799 thereafter B, would be as dividend on 5% court arrears totaled $57.60 investors per Paper Co. To doubling the capacity of the company's pulp mill at Natchez, Miss., were announced on March The President. Natchez opened series dissolving by John H. 28 v last spring, has a daily capacity of 300 tons, or an annual capacity, of 105,000" tons, of dissolving pulp. Additions planned to the mill will be a duplication of the present plant and will bring the total daily capacity of the mill to 600 tons. Mr. by Hinman the said National facilities new plant will addition fall of to certificate a Production Natchez. at be that from met the Natchez 1952.—V. 172, of necessity* has been Authority * covering of constructing of the mill •*' Ry. oper.' A $1,233,459 $1,181,630 oper, 274,332 297,783 Inc. avail, for fxd. chgs: 178,197 215,557 384,624 The 187,921 332,819 173, p. of Investors Investors quarterly dividend of holders of record Mutual, 15y2 March cents share payable April 20 per to First The corporation America, v Inc., " from ' • The stockholders authorized Corp.—Plans April on 10 will vote 100% and increase an paidrin capital account will in the stated will amount to value be on W. & Co.—_ Baird & ——— Blyth Co., of preferred stock the eliminated $3,087,927.—V. and 173, p. the 5,000 Co;, & 201. ' 5,000 & Brown Sales Net _ _ • 1950 after taxes Capital shares outstanding Earnings per share— —V. 169, 359,910 E. J $2.74 - 1452. p. ■ /'■1 $1.95 Collins Courts Co.— by The Inc. Dickson S. Clement A. vs oversubscribed. Glover & phases CONSTRUCTION—During Laughlin its of products. national The current defense the $190,000,000 for spent integrated operations which program, needs, calls for further five such from raw years purposes, funds, is expected will tion All derived from retained earnings, as portions in necessary of the projects are granted tificates the interest of national defense permits period as co^ts to. be written off over a five-year completed. The company estimates that under to date approximately $115,000,000 cer¬ be Ripley & —— & Co. & J & Friedrichs E. & Hutton production of tin 2,500 Corp. _' Kirkland v 10,000, 1,000 10,000. - ~ * 1,000. & Spencer ' Trask Westheimer Johnston, * Lemon & 3,000 3,000., . 5,000 The stockholder^ par on $2.50, Feb. stock common rights :20,000 shares a 19 from effect to a Of a proposal to change the 350,000 shares, par $5, to 700,000 2-for-l split, and released from pre¬ $2.50; par stock option plan. stock to be sold a of each, without to certain to proposal the to to and value par increase corporation value par from 3,000,000 split into and up 2,845,791 stock common Fees— on expenses,incurred of - in connection with; Long Island Lighting Co. Borough Gas and Electric requests- for Pollack, fees. and committee,- Principal Pollack, Jeffrey S. Milton and Stern, counsel .for indiviual holders of 1173. p. holders hf notifying payment Hanover Sold—The made 173, on its of may be Bank & 1, 5% the gold entire obtained Trust Co., bonds maturing principal at amount the office New York, of the N. Y. public offering of $15,000,000 March 22 oversubscribed. was 1276. p. 2%% first mortgage Schroder at Bank, Trma Chicago, bonds Co., in series New exchange due York, for Nov. and 1, Harris temporary 1979 Trust bonds.— 761. p. company notes March on 172, p. to are 27' filed of be offered Co.) and for construction of additions and betterments. 2381. ' ' The company on March 19 filed a letter of notification with covering 399,923 shares of capital stock holders at 75 cents per share. The are to be used for work- ing capital. Maine Central '■"* Period End. Feb. 28— facil. rents rents ry. oper. (Or)— income—— —V. 173, P. 861. $3,989,253 3,038,041 189,204 651,433 424,720 46,708 63,068 70,405 96,794 29,606 45,662 49,985 $215,966 $168,773 $523,110 $379,713 9,960 24,403 22,166 $224,918 $178,733 $547,513 $401,879 103,490 101,543 207,045 203,721 r: int.t — income. $4,395,460 3,104,850 8,952 income_ „_; $1,948,976 1,498,325 18,861 (Dr) Deducts.-—Rentals, Net 1951—2 Mos.—1950 1,536,425 income—— Gross etc. / 265,177 Equipment Net 1951—Month—1950 $2,083,137 Taxes Other * RR.—Earnings— Operating revenues Operating expenses Jt. the SEC (par $1) to be offered to stock¬ proceeds . - approved value par represents & immediate " 6,000* ~~ authorized on "*'$'* -■?** M. J. and M. and "M. Consolidated, San Francisco, Calif. —Files With Securities and Exchange Commission— 2,500 7 r; / '*•* * * *' ' Joseph & Feiss Co., Cleveland, O.—Stock Split, Etc.—- shares, is Central Insurance —V. 6,000 * Stock— a registration statement with the 20-year notes, series A, due April 1, 1971. for public sale at competitive bidding. Proceeds are to, be used to pay off $3,800,000 of outstanding 2Vk% promissory nottes due June 1, 1951 (held by John Hancock Mutual 6,000 2,500 vote without recapitalization $1,027,703 covering $4,100,000 The Life 20,000. 15,000 2,500,. 20,000, 5,00015,000 1,000 2,500 t ■' Lynn Gas & Electric Co.—Registers With SEC— - & Co,— . agent, Savings The 6,000 2,500 the hearing for April 17, 1951, upon requests $1,072,479, as compensation for services accruing to Aug. available SEC 5,000. 20,000 10,000 » of value per share.— par - stock stock shares a McLaughlin that 1951 V; .173, 7,500 3,000 Co. will capital requests of Unger & preferred ..stockholders debentures and' 25,000 Tucker, Anthony & Co Union Securities Corp G. H. Walker & Co.——. Walston, Hoffman & \ Goodwinr,———.Watling, Lerchen & Co.— Wertheim & Co. , Grubbs to $5 par split Louisville Gas & Electric Co.—Definitive Bonds— 2,500 Co » 21. ' 2-for-l a Suffolk, 7%..- preferred, $100,000.—V. 173, Definitive are 15,000 5,000 /White. Weld & Co.—— Whiting, Weeks & Stubbs_ T. H, Jones &.-CO,:.—2,500 ; Dean Witter & Co._ Kalm'an & Co., Inc.. 3,000 WurtS, Dulles & Co —V. 173, p. 1071. ' Yarnall & Co , the See details in V. 2,500 ; March on each, i.e., 3 shares of $10 par common stock,—V. 173, p. 761. par on are . & no 18 $10 issued value Debentures 2,500 Co._— & of scheduled company 1, paying 2,500 Securities Corp.— Stroud & Co., Inc.Sutro & Co Thomas & Co._——-U— 5,000 — Brothers Stone & Webster 5,000 Share jenks Stern May common aggregating the interest and 3% : Singer, * approved "" reimbursement for and & The Aug. Mason, Dean & Scribner_ Smith, Barney & Co William R. Staats Co, Inc. Stein Bros. & Boyce— 27 ; stock 6,000 Co.———I kuropean two (P.) Lorillard Co.—Prepayment of Bonds— /, 2,500 & of ■ • announced was Sale :>:YV'Y.: /'./•• -<•/ 1 company March on amount, to $100,000; 5,000 & has these Nassau 1,000 Stringfellow— Completes — Granger, financial advisor, .for $350,000; Harold G.- Aron, counsel for protective committee for holders-of common stock; $150,000; Bernard D. Fischman, counsel for Queens preferred stockholders committee, : Inc. Horner & Shields 15,000 Co Indianapolis Bond and so. plate 1,389,521 Belgian authorized of no and this 5,000 Co.,— Shuman, Agnew & Co Silberberg & Co.—— * * Co & & Chas. W. Scranton & Co. Shearson, Hammill & Co.. 10,000 & key employees under the Scott 6,000 Weeks-, Weil, Labouisse, Howard, W. Rothschild Scott, Inc. ° . 20,000 Co.———— Hornblower F. Pomeroy, "6,000 > Works, for ; Son„ emptive capacity 175,674 minority holdings of stock in change from of par share SEC 5,000 Schwabacher & Co.—, 2,500 Qo. Co, & Moreland C: Schmertz & Co., Inc.;'————. ;___— Schoellkopf, Hutton & 10,000 (Inc.) Major items expected to be completed during. 1951 and 1952 include; (a) at the Pittsburgh Works, a new open hearth shop which will result in a net increase of 1,200,000 net* tons, of ingots annually; a new blooming mill, a new bar "'mill, and other facilities to permit increased"production of flat rolled products; (b) at the Aliquippa. expand 760,157 Corp., Detroit, Mich.—To Split 948,597 $10 allowances Of 15,000 R. 2,500 Co.—— Hilliard B. Hirsch * L. of among Humphrey Co., Inc 5,000 Rotari, Mosle and A/"-''/'f: 20,000 & Co Hill Richards & J. Gardner— Reynolds & Co The Robinson- : Co. •//1 >ti above v: common rendered 2,500 3,000 • Glass and on Thread the The 5,000 Co.— & the and a 1276.;> of counsel Reinholdt & by shares for 5,000 5,000 —— Hall Parsons ■ to 111,441 12,512,276 41,357. Long Island Lighting Co.—Hearing 5,000 2,500 - Inc. amortized; facilities 428,359 11,559,480 1,963,047 1,231,326 /. and the merger into that company of Queens Co. and. Nassau & Suffolk Lighting Co.- * 5,000 Co.. "" may Corp._ Co Hayden, Stone & Co;/_— Hemphill, Noyes, Graham, deple¬ which 2,266,482 1,020,162 the-proceedings Pressprich & Co,— Putnam & Co— ~ .1,000 Harris 1951-1952 depreciation, *82,025 V',•'.* 9,535,371 1,000 W. Lear p. for one 15,000 2,500 2,500 Corp. Macgregor, Hayden, Miller and amortization balances, and borrowings ^arranged, in 1950. major projects included in the current program have been cer¬ tified the be 382,951 6,000 Piper, Jaffray & Hopwood 20,000 :. company's present It 803T492 . & R. Co., Hallgarten & Co.—— Hallowell, Sulzberger & properties; an increase in rated annual ingot capacity by approximately 1,560,000.. tons,- or- 32% ; new finishing facilities, and continued im¬ provement, replacement and modernization of existing facilities. The program $6,225,895 1,031,545 :/'■', French stockholders shares 10,000 Paine. Webber, Jackson 2,500 - includes projects related to. development of raw material ; ingot capacity is about 4,846,000 tons. that the remaining funds required for the 1948 .« $5,549,277 476,381 12,268,020 the of shares 7,500 Co./ 2,500 & Michigan & Ohio of stock change 5,000 6,000 Greene & Ladd_ finished to 1949 $4,474,150 The stockholders will vote April 18--oh a proposal to chapge the authorized capital stock from 50,000 shares of no par value to 500,000 shares, par 10 cents-each, to effect a 10-for-l stock split.'.,. 2,500. . last stockholders The 5,000 Goldman, Sachs & Co,— Goodbody & Co through 1950, affecting all materials * 1950 • 173, p. 965. companies group, 173, 5,000 Pagafic Co. of California- Inc. i PROPOSED Jones Southwest 5,000 Pacific Northwest Co,™ 5,000 First Cleveland of The 2,500 15,000 Fulton, Reid & Co Glore, Forgan & Co.—___ will be Used by the company, the nation's fourth largest steel producer, to retire $40,000,000 of 2}/ic/o serial notes which were issued on Feb. 1, 1951- to provide a part of the money required for its $200,000,000 Improvement, expansion and modernization program for 1951 and 1952. 1 enter 911,509 income—_ 1,000,000 20,000 Co Reed, — Harriman corporate to $5,651,212 / '• andi change,:.the 6,000 2,500 Co., Inc. Evans First Co,_i. 2,500 Fauset, Steele & Co.— The & 5,000 . —— Inc, '' other authorization L'"/ 1,000 Newhard, Cook & Co O'Brien, Mitchell & Co.— " Eastman, Dillon & Co.— 20,000 Elkins, Morris & Co—-2,500 Equitable Securities Corp, 5,000 Estabrook & Co,__— 10,000 ;•'/■; sale, -with SEC Lone Star Cement Corp.—Plans Split-Up— 2,500 1,500 Co & Masten , 1,500 10,000 Curtis Co.~ & & ; & Co., ; : Drexel ... the requested 1951 • . . 1— the Lock 1,000 Co,______ >'-) 5,000 ; Crouter & Bodine„ R. E. v. 6,000 Co. Patton- & & ' 2,500,, Davis, Skaggs & Co DeHaven & Townsend, First Boston of - Link-Belt Co.—To Split Stock—Y-, 'V &• Co.^——L— of The 10,000 Co.—*1"" 5,000 Lundborg & McKee S. & 5,000 — House Rhoades Tully & Co Moore, Leonard & Lynch F. S.'Moseley & Co 15,000 ' Co._—_ & Co Mitchum, i;000 Inc.— K. Cunningham Curtiss* Corp. of 1,000,000 shares of Jones & Laughlin Steel Corp. common stock (par $10) at $25.25 per share. The offering was quickly PURPOSE—The- proceeds near exceed railway railway.— oper. common 20,000 5,000 — Merrill, Turben & The Milwaukee Co 5,000 2,500 Corp.* Co.—_—_ & , 10,000 Crowell, Weedon & Co S. „ 2,500 Merrill Lynch, Pierce, / Fenner & Beane 3;000 W." Clarke First headed River about 40 miles south glass interests paid $450,000 for L-O-F's 7% interest in the Compagnie Internationale pour la Fabrica¬ tion Mecaniquo du Verre of Belgium and 17% interest in Deutsche Libbey-Owens Gesellshaft fur Machinelle Glasherstellung, A.G., in Gelsenkirchen, Germany, it was disclosed.—V. 173, p. 861. 10,000 A. " Co.— & Clark. & W. Julien Jones & Laughlin Steel Corp.—Stock Offered—One of the most important industrial equity financing operations of the past year or more reached the market with the; public offering on March 29 by a nationwide investment group Jan'. from A 1,000 Mason-Hagan, Inc. 2,500 Claybaugh & Co. 359,910 $0.94 ... Deficit.—V. Sale 3,000 Laurence. M. Marks & Co. 10,000 - Blair F. 1948 359,910 15 Libbey-Owens-Ford European Holdings— 20,000 6,000 — Chaplin $16,850,102 $11,981,565 $13,227,168 / 985,809 340,733 701,225 — income to not from ry. * « of Co.— 2,500 Sherrerd—— &. C. 2,500 Clark, Dodge & Co,_—_— surplus ~ \ K 1949 Net Net • 20,000< McKelvy & Co .. „ Republic Co. (Inc.) Manufacturing Co.—Earnings— Year Ended Dec. 31— March on oper,. Income— From Gross severally Corp.— Loeb, McJunkin. . 2,500 Co & Co. 20,000. ; Sons & & M. Irving ... 5,000 . Butcher additional * Orange Free State, 109. p. company^s Net .ry, . * * Brothers. 10,000McDonald Co— Bradford C. Alex. Carl 10,000 Co Inc.—— and Freres Higginson Lester ; 5,000 Inc.. ; increase earned and. . Kirkpatrick-Pettis Co Laird, Bissell & Meeds—^ Lehman — Coffin & Burr, to the of February— Shares < Bosworth, Sullivan & Co., Stock Div.— proposal a in Gross from "railway Net'from railway——— net numbers Lazard Whipple Francis I, duPont Iron Fireman respective Lee & Co._—_—• & Boettcher ^ a account the 5,000 Applegate Blunt Ellis & Simmons— to 800,000 from 400,000 shares. If ap¬ 100% stock distribution, increasing the out¬ standing shares from 305,442 to 630,884 shares. A*//,.' /■'''/vV:/'-• ■>/?"/'''<Ai / Concurrently with the stock distribution, it is proposed that the stated value of the 75,000 shares of no-par preferred stock be increased ?, to $100 par share from $10 through the transfer from surplus to capital of $6,750,000. As a result of the common stock distribution plan modern, commercial, gasoline-from- South Lehigh Valley RR.—Earnings— * below. 5,000 Co., Bear, Stearns & stock common directors corporation have 3,000 share¬ : j-: Corp.— and Richard the the Blair, Rollins, & ;Co., \Inc.A Minneapolis, / amounts the glass ' _1 'V*; ' below 1,500 , covering $10,000,000 single payment certificates,/, series. A, and $400,000 single payment certificates; series B, to be ofiered: through Investors Diversified Services, Inc.—V. 173, p. 965.. proved, - named Co. SEC Interstate Bakeries requirements Kidder, Peabody & Co registration statement with the a ' • stock set forth Boston Allyn G. Central March 29 filed on dividend Kay, Richards & Co C. J. Minn.—Registers With SEC.— A stock ' Baker, Weeks & Harden— Ball, Burge & Kraus : of purchase common Robert 31. Syndicate - ... . " Bacon, H. K. Bradford, President, on March 20 announced that this balanced investment fund had total current assets in excess of $255,486,222 as of March 19, 1951.—V. 173, p. 8. " Investors principal amount equal to 10%: of consolidated preferred in in the aggregate $750,000, to be applied construction-, program involving estimated expendi¬ $1,450,000; during the years 1951 and 1953. The SEC has given interested persons until 11:30 a.m., March 29, 1951,, to request a hearing, upon the proposal.—V. 167, P. 2580. j. bonds, annually from 1956; Bache Inc., largest mutual fund affiliate Services, Inc. March 20 voted a Diversified 1953, to bonds a first by the M. W. Kellogg Co. Vaal of Coalbrook corporation tures of bond to Inc. by amount bonds. deducting world's 26 into, a credit agreement with The Guaranty Trust Co. of New York whereby Kingsport may borrow, from time to time prior to Dec; 31, institutional 10,000 965. Directors six Arthurs,*. Lestrange & Co. 652,543 Investors Mutual, Inc.—Assets Over $255,000,000— managed to principal 92,000 $2,468,267 v The '' Geo. 417,755 income——*:— —V. $20,000,000 Inc. A. 473,026 152,310 Net B obligated to sell 1951, crude Kingsport Utilities, Inc.—To Borrow from Banks— 6,200,654 shs. on or such ' agreed > ry. from JI 293,568 shs. UNDERWRITERS—The, underwriters 1951—2 Mos.—1950 $2,548,803 588,461 Net' rev. of shares of America—Earnings— 1951—Month—1950 revenues—; series is 16, complete combination the ($100 * July A Brigham, formerly President, has been elected Chairman Board, and Wallace E. Parsons, formerly Vice-President and Manager, has been elected President. Ralph H. Cutting, formerly Treasurer and Assistant General Manager,- succeeds Mr. Parsons as Vice-President and General Manager, and John W. Thomas formerly Assistant Treasurer, is now Treasurer.—V. 171, p. 2401. ' 1,360,000 Shares International Rys. of Central Period End. Feb. 28— before of General § **7,000,000 shs. $The corporation or. after ^ i'm'C indenture. de Keyes Fibre Co.—Changes in Personnel— However, long-term indebtedness presently shareholders to be outstanding at any one time is by r • . by town of as value) par Refinaria. Nacional Dwight S. $10,000,000 1,886,200 the Johannesburg.—V. 172, $60,000,000 option plan.- the addition to the general funds of the company. The is expected to be in production by the 2024. p. approved construction A for refinery and. chemical engineers refining facilities have straight-run gasoline by, "skim¬ Brazilian . Cost the series Bahia time, Africa within the near future, This plant, largest project to be undertaken in South Africa since the last war, is being engineered and built for SASOL—South African Coal, Oil & Gas Corp. Ltd. It will be located adjacent to the Outstanding 1,700,000 of March industrial 1952- — at company, this synthesis plant will start announced of sinking fund requirements. §These notes will evidence obligations under an agreement with General Motors,. Corp/ whereby; General Motors will lend the corporation $28,000,000 for the expansion of its Otis Works. Interest at 3%* per year and principal will be paid in monthly instalments, related to, sales of steel products, but not required to exceed $325,000 per month. The loan must be paid in full by Jan. 20, 1966; UTo finance the cost of 30 steel barges and two Diesel river towboats the corporation has arranged to borrow from a bank an aggregate of $1,886,200 in 1951, repayable with interest at 2V2% per year in instalments over eight years. **Includes 300,000 shares of unissued common stock reserved for issuance under stock new ; mill, ($10 through 1974, in . Double for due (payable to the. production to Construction as FINANCING and has the right, which it intends to before that date, a further $10,000,000 principal The corporation is paying a" commitment fee of V2% per year on such $30,000,000 authorized but undelivered bonds. The supplemental indenture relating to the* series B bonds provides a sinking, fund for the retirement of series B amount Capacity of Mississippi Mill—: — PRESENT confined coal share per 293,568 shs. on additional income International notes stock, exercise,.to sell a _ Hinman, cents Authorized -- "A") pfd. stock authorized outstanding or TO value) $180,000,000. the on $8,225,817, cum. - note *Unlimited quarterly . 1 $487,- .* 28,000,000 bearing in Common amount. same in after EFFECT — par of April make to GIVING ship mortgage loans stated '\ ; an order„giving interested persons until April 9, hearing upon the proposal for payment of quarterly dividends of 871/2, cents per share on the convertible $3.50 series pre¬ ferred stock of International Hydro-Electric System, beginning on or about April 15, 1951.—V. 172, p. 1928. /. •'. / / to request Plans 45 was V 1955 The SEC has issued s declared — Noninterest pay¬ and "§") 2j/2% the about or practicable authorization the preferred made be may for in share per to share. 1951, dividend 2%%, due Sept. 1, 1967— $60,000,000 3%, due-June 15,; 1975— 40,000,000.' (payable ' as stated in notes note stock. dividends the IHES applied 21 to approval both of the SEC Boston, made March on cents preferred is 1950, of 871/2 an subject in also 31, shares System, thereafter soon payments of As as Court Request this IHES which is District approval. of make to outstanding payment, U. ■i'-'i trustee permission the latest 1951. CAPITALIZATION International Hydro-Electric System- -Seeks Dividend Authorization— for The *Fir.st mortgage bonds— 3% SEC to stream on Up plant, the refinery is capable of processing 2,500 barrels of crude each day. It is the first of its kind to be built in Brazil and, according to the Kellogg company, represents the most modern type of thermal combination processing. net outstanding. 787,843 367,226 income— oper. A. amounted City. or similar means of separation. distillation and thermal cracking stock payable April 1, 173, p. 965. B. sales York ming" the railway railway— from net 1950 New been 1—• from Net —V. $2,350,968 of income was $39,744,000, equal to $7.36 per share of after, giving effect, to the 2-for-l split effected in January of this year. This compared with sales in 1949, of $386,-;. 046,000 and net income of $22,248,000, or $4 per share." Dividends paid in 1950 were $1.70, per share on the present-number of shares- 1948 $2,430,168 income Jan. '■ 1949 $2,597,077 railway oper. From 1950 and common, International Great Northern RR.—Earnings— placed Petroleo, B.A., by the ■ above iron ore mine in; New York State which, will raise capacity by 300,000 gross-tens annuallyi commencement of work on the opening >and; developing of1 a new. underground iron- ore-mine in Michigan, and. expansion of rail: and river transportation facilities. •> . capital refinery in Brazil for producing cracked gasoline has Just recently, been its >at "old" The first furnaces to increase annual ingot capacity by 360,000 net tons, soaking pits, and,>other items for -expanded production, of v flat* rolled products; and (d) new-concentrating and sintering plants with recorded (Mi W.) Kellogg Co;—New Refinery, Etc.— 'Otis payable 1951, such of company's approximately 170,000 net tons per year, or 50%, apd. a new-rod^ for increased., production of quality-wire products; (c), at theWorks, in Cleveland,r a., new-, blast furnace and two* new. open mill" capital stock, par $10, at. the, rate of two capital stock, par $5, will not become effective until the "amendment- to r "by America—Split-Up— of the -"old'* split-up 0 • The Commercial and Financial Chronicle (1378) >10 CONSOLIDATED Increased— Medusa Portland Cement Co.—Stock of Issuance for The March on unissued the plans to company approved 20 proposal a to shares. 277,583 500.000 Month of January— Operating + V > Wis., Overhead Income revenues Uncollectible levenues— 100% 42,400,966 Co., 48,571,438 and expense— 8,938,237 j. 3,622,146 * profit Preferred dividends $5,836,707 (2) 424,920 399,833 399,833 Earnings 170, per V. $5,436,874 $4.19 $2.57 bhare comomn 2027; p. 171, pp. 1184, 1786, 2306; V. 172, 1277. p.- $7,598,143 'V ,195°crt ' Operating revenues - owned and National Steel Corp.—Sales and Earnings at New High Operating taxes ~— .—V. 173, p. * * $1,375,906 1,176,542 $1,996,460 1,674,221 "In said, 862. "our Minneapolis-Honeywell stone Regulator Co.—Stock and Au¬ stockholders The shares authorized Stockholders March on approved 27 plan a to the Increase preference stock from 110,000 shares to a plan to increase the authorized of also plans effective "■ became 1951. '■ < . at close the business of will to The company announces completion of an arrangement to perform consulting services to the Atomic Power Division of Westinghouse Electric Corp., Pittsburgh, Pa. valve the engineers will act as consultants in the Westinghouse program.—V. 173, p. 862. NEES Oct. principal 1950 the corporation debentures due 1970 5, 3# of at a to develop to plus accrued interest, prelerred stock,, $100 par value, at par plus accrued divi¬ dends. Concurrent with the foregoing sale the corporation redeemed its then outstanding 8950,000 of 4% debentures due 1968 ($900,000 at 104% and $50,000 at par, plus accrued interest in each case). end provide for from the sale the of preferred requirements.—V. construction 172, stock used were the Net The company on March 23 filed a registration statement with covering $10,000,000 first mortgage bonds, series due 1981/ SEC The bonds According sell to Net the be offered the prospectus, parent, The for West sale at be and is 1952 estimate, at \ and $30,600,000,- Upon the basis 1951 March 29 received on 2% % unsecured to The First National will Proceeds March 30, be 1951, used and, through 1951—V. Bank to to during of Boston, ■/"" $7,600,000 pay finance 172, p. notes of Montup's of 1949 V $- ^ 20,002,683 ** *' : ' 25,021,857 21,503,270 '.. to the 1,257,143. ______ 1,257,143 1,257,143 This due May made i 57,814.974 39,311,269 40,121,506 of $5.34 $5.45 First due 61,100,000 37,400,000 33,300,000 basis ■ of Chicago, share per established for the prior years ' and to 1950 i< /..rt'W ; «' :• •. and converted -1950 to V\ the Net #S ' Operating revenues Uncollectible- operating — tion, revenues.^.;?... " Operating revenues Operating expenses Operating taxes i operating income. Net 'after charges.™ —V. 173, p. 22,076 —$8,273,209 6,254,482 1,146,055 — vNet $7,076,730 ' 26,403 $7,050,327 5,607,310 807,747 $872,672 953,724 8,607.600 183,627,755 178,684,800 2,889,976 Total 2,864,739 $419,808,189 Accrued accounts, etc $33,795,705 319,792 The stockholders authorized V.* 173, capital Y.—Capitalization Increased March on 5 approved from 30,000 shares stock proposal a to to increase 50,000 shares < •, • ' p. 1174. the in ? The stockholders on March 1 authorized 4,038,456 income (collaterali due April 1, Reserves for Res. .for to company purchase during the calendar year ending Dec. 31, 1951, not of 10% of the outstanding capital stock.—V. 158, p. 893/ • in or excess • bonds, 3% sales during 1951 level, the the in now first Melvin time he same rate the 1965.. H. The Capital , -o a Baker, of 1951 President, stated which voted have to been the apprcve negotiated pension with the plans a produce, tailed there later cos^s raised the are he-said. the open price of since Mr, of part market at our it Is practical., we will tively low level." building goods of our since continue to the are running board schedule and by plaster July materials Nevertheless, first hold expire and Treasury tax covering 10,000 payments).—V. botes—tax series (pur¬ 173,to. 662.1 Corp., N. Y.—Files March filed 23 shares of class A §EC—V letter oPndtification a , the common our the of prices l. be as compara¬ mill the construction at Medicine year we 6^<ag? °/. 8yPsum.Products in eliminate the of the Lodge Production +£ of will be at this the area west will plant of company's the be will able new if1Le7mt7r7ril!r?ir,,eSin31'^,0',ot t&SX from *54.861.182 included an balance sheet assets at the IS® in-l»49"" the of — authorized 20 offered rate their in and to $100 of 24, holders of over 74% of the intention of making the change. 1, will 1959, exchange. at to 110 and . certificates p. 1, v < preferred stock April 1, interest; interest; and thereafter 1950, to .< • at 105 of $7 preferred per share the First desire to ,■ company's growth accept the offer should forward National England Bank Confectionery to 1950. Dec. a The of New Bedford Mass.— acquisi- Co. an — Loan Arranged 1950, new v arrangement to borrow are England Properties— to be used to Electric : r, to purchase is increase of •««* «« to improve to S' < its increase in the from the its March : ■ 27. ! y';, " The First Boston capital premium ratio at 68% proceeds and written capital 147% to the will is based 108% funds low of a of from to be current upon expectation rose of which from funds volume high of a ratio stood of a 1945 unearned 48%. increased On to 84% sale. the and purpose of, issue of the capital stock now being the company's capital and surplus, and thereby relationship between capital funds (capital and sur¬ increase greatly increased insecurities. ^ Awhile for reserves from the sale will be added to, company;ri general funds and, ; " unearned and it is presently y prediction ho advisable to premiums. as The part of, a the ' v . is made of raising further addi- whether to as additional secure used intended, will be invested, the company has no present intention Itiima'l capital, capital at not or it may?>be time some in the . , GIVING EFFECT stock ($10 TO value). par DIVIDENDS—Dividends stock have been paid in each operations. Since 1946, the quar¬ since the company commenced terly rate has been 50 cents per share. dividend, an EARNINGS—Net share In 1950, of 20 cents also in 1950 was in addition to the paid. was $1,223,474, 300,000 shares then outstanding. ' the on extra income Outstanding " 375,000 shs. capital year annual $2 FINANCING 500,000 shs. — the on PRESENT Authorized * , Capital the United the United statistics, States, the States the is System—Seeks to Sell Gas n. on March 21 applied to the SEC for an exemption from competitive bidding rule so as to open the way for negotiations the disposition of the gas properties included in its. system and presently owned and operated by the following subsidiaries: qualified District and of Canada. . to equal $4.08 per to do ♦ business Columbia and According to in all the companies admitted to forth with respect assets, and 38 among stock fire and marine insur¬ of policyholders' surplus, 41 in respect of in respect of net premiums written. underwriters Nsinic Allyn & F. S. and Co., Burr, Trask A. —V. Straw, 173, have p. 1072. L. i severally r Cullom Day Davis Draper, Sears & Co/ A. 5 . 3 ^ Co, M. John H. M, i. Kidder & Co C. 2 2 : 3 Putnam 3 F. L. Putnam & Co.,-"Inc.— Schirmer, Atherton & Co.. H. C. Wainwright & Co 2.5 2.5 & 2 2 Legg & Co.__ Payson & Co.__ 2% 2 Kinsley & Adams 5 Co^„ & & Co.___ 5 1 Ipc R. 5 Inc & Shelby 10 Inc.. G. H. Walker & Co. _! Whiting, Weeks & Stubbs E. S. Dudley Co., Inc E. 34% Moseley & Co. Spencer below inlantf consolidated warrants. Boston Corp Kidder, Peabody & Co.— C. named fire, from the company, in the respective percentages the shares of capital stock which are not issued upon Name— A. available 49 purchase below, the exercise of First of of latest Writings of the company's two subsidiaries include marine, automobile, casualty and surety lines. On a basis, net premiums written in 1950 totaled $21,104,119. set States territories certain company .ranks ance Estabrook & Co ...The System for on ■' 1951. Net premiums 1950 ranged the the net proceeds Coffin ^ close withdrawn was PROCEEDS—The offered The retire short-term debt, equipment and for working capital,—V. 164, p. 2833. New to years 1941 application agreed — long-term loan. proceeds stock common additional share for each four one this trend. reserve 31, upon decision recent From premium 1 $2,500,000 from John Hancock Mutual Life Insurance Co. . common in total » 693. The company has concluded on of to an UNDERWRITERS—The New shares were l-for-12 a shares common BUSINESS—Company Dec. Preferred stockholders who 170, on . dividends be their V. Associa¬ be initially offered basis, with the rights registration statement covering the above- The CAPITALIZATION paid on April 2, 1951. An additional payment of $2.33 per preferred share, representing accumulations from Dec. ,1, 1950 to April 2, 1951, will be made to all preferred stockholders who make the 140,000 shares Electric proposed issues of of $4.50 cumulative . an Feb. Jan. and shares — issue of $200,000 30-year for outstanding pre¬ debentures for each share of pre¬ interest. Accumulated Gas following underwriting group which will purchase company any shares remaining unsubscribed p.m. on April 10, 1951. future.; exchange new thereafter the Mississippi and Supply Co . be By completed relieve fiS0S0rted Khat reeistration of 68.000 shares of SfS i^eir'f the National Mortar ii completed to make possible the «... Co. debentures;' to be dated April 2, 1951, and due 1981, will be callable up to Jan. 1, 1956,.at 115 and accrued necessity olshipping into that territory from'other mills tion at indicated The meeting the paper shortage ut Pryor, Okla. '.'As soon as plants," he said. that stock Feb. on to had have not Insofar their stockholders .debentures, ferred we must we year. at The 7% Cordage Debentures Approved Offer to Preferred Stockholders— Exchange 11,388,223 1,843,061 the The the plus) , with striate) ito'be offered at par ,($2 per share), without underwriting, mThe -ptbeeede • are to be used to pay for organizational expenses, for new .equipment, etc« > • Bedford the 15,000 and 129,367 the basis of on after 3 to on for 20 1072. 140,861,384 16,206,515 $1,322,418 in 1950 and $1,244,325 in 1949. tAfter depletion and 'amortization ol $219,902,431 $203,866,691 in 1949. :• After deducting $50,000,000 in $35,350,000 in 1949 U. S. corporation 11. England New stock: stockholders preferred and p. 61,348,750 of for latter, April on 173, 52,619,560 depreciation, held by $100) (par the from was a ^our^ PaPer mHl Up also told stockholders on carrying requirements paper high prices. gets into production by the end of the to satisfy the paper requirements of all of our gypsum was the Baker pointed out that National tt.^Sruc510? tni&. mill several may be somewhat cur¬ shortage of paper and shipping "This shortage has already affected our producbecause year hourly at Of common 4.376,497 value $25) ferred stock. week." demand for the indications that production materially from a continuing this containers,' filled day six days this * stock par). NEGEA 5,135,022 and chased and $15,320,813 12,251,122 received were 177,758,668 reserves for $16,674,575 — shares held of record March 26, $419,808,139 $360,479,057 1950 The 15,662 . $2,089,529 40,349,930 (par surplus in ; 15,701 . ), 1,402,547 6,918,034 Total 1950 1950 $16,690,276 $15,336,475 762. continuation of At for unions plants hours above 27. ♦ . company's plants during the past year. Mr. Baker told the shareholders that the company still large backlog of unshipped orders and that all *'24 25% March on . the --"Despite ,■ about rose 1951 revenues 5,135,022 17,985,583 73,620,450 surplus Earned : reported shareholders workers months January— Corp. heads relining, Capital stock New that, because of the substantially' higher tax effect, earnings for this period will be about 15% under last-year's-figure. •of 2V2 y 1,431,839 share 82,714 40,000,000 series - Up—Earnings Off— V . $2,077,916 deemed National Gypsum Co.—Sales , Co.—Earnings— New Hampshire Fire Insurance Co.—Offering to Stock¬ holders Underwritten—This company, which was organ¬ ized in 1869 and writes fire, inland marine, ocean marine, automobile and allied lines of insurance, is offering to its stockholders 75,000 shares of capital stock at $37 per 2,050,000 40,000,000 mortgage 532,793 rebuilding and repairs contingencies, inventories, etc. p.es. for oper., prior years' taxes and gen. res. • acquire 1951, to request y; •; 3,179,127 11,100,000 (est.) gen. SEC the interested persons until April 11, 173, p. 1072. the application.—V. income charges to 281,916 * Folding Box Co., Inc.—To Buy Stock— " 2,345,537 mentioned 300,000 mortgages.™. money Neslo Products National ' stock, held shares, or 32{j{% ); Eastern Gas <fc Fuel Associates 32};}% ); and Texas Eastern Transmission Corp, (625 the parent, on March Hampshire Electric Co. (no 4,047,517 300,000 $1.— par of presently taxes to $29,390,055 . accruals taxes Purchase "After Shares Corp., N. 37'/2% common $360,479,057 ^r-VvV;" 3,616,637 i taxes interest reserves Mutual of excess company. * • trade payable, royalties Accrued 446,647 1174. that expenses preferred 948,567 12,343,546 . $635,270 689,689 be in common of revenues ™i.„_™— bids No —V. First $8,295,285 1— stock New Hampshire Electric Co.—No Bids Received— 1949 New charges Miscellaneous 1950 ol after 14,000,000 ... ) Accrued 172, 1951 In operating Net 47,142,913*) 26,364,152 51,631,139 44.056,400 assets tFederal - amount to bring its stock holdings in $3,000,000, part of which may be initially no event will the total participation of an has outstanding 2,265.62 shares of has given upon Operating Operating 83,952,799 , January— of advances. now Operating 20,000,000 _ receivable. LIABILITIES— ,' Mountain States Telephone & Telegraph Co.—Earns.— Month of ■ purchase from Algonquin additional capital stock New England Telephone & Telegraph $101,220,136 notes™ Properties Accounts i ' Co. additional program. SHEET, DEC. 31 " deposit on accounts 1 "rV- 1534.' p. authorizing construction 25%). or Month by the three-for-one stock split. securities—short-term V' Chicago, Til,—V. its of stock, $100 par, to be offered at par; or by temporary non-interest, bearing advances account, to be subsequently converted into open excess (820.31 Operating Vs..''-.■ hand on Deferred Bank Gas Transmission order an 19,270,000 Investments requirements 1734. National for . $3.65 Inventories has called for redemption on May 1, 1951, through sinking fund, $800,000 of its 15-year 3% debentures 1958 at 100%., and. accrued interest. Payment will be the to 26,838,783 $7.85 "Notes $12,- the 1. at SEC maximum ol of —V. 173, p. company of some common common hearing a 24,529,848 share_„_„ per tEarnings new (John) Morrell & Co.—Partial Redemption— operation of I subsidiary, Algonquin secured (820.31 shares, or ' . purchasers Electric Association—Affiliate the England in Algonquin shares 1.257,143 39,148,113 CONSOLIDATED BALANCE notes prospective " a form by NEGEA : income taxes___ Other outstanding construction the The SEC 43,571,827 68,546,069 : Marketable issue its to on in . i'-ti'1' of remainder of be not Algonquin 12,853,292 .. and proposes to but to in 213.795,520 230,101,169 175,251,250 122,134,017 104,632,938 106,973,186 90,106,223 on will Algonquin to 271,100.651 depletion.- several are Gas & stock. NEGEA t- ■ , there applied shares authorized ■«* year gas 77,500 up 1947 r" the construction common YEARS 1948 * for provide New <!' :<•'•$ -V properties gas ■ ;from stockholders organized "Includes: Federal T'j.■y-vf,'•; ■ been that ' 29 such funds ; CALENDAR FOR v '•< . — Net earnings Cash SEC authorization promissory any 537,024,673 424,892,845 436,522,051 328.957,189 540,855,537 427,590,554 439,107,387 330,836,584 and ASSETS— of ; /,,k-y taxes Earnings of the company ; ; ACCOUNT has which Mystic approximately $8,000,000 of equity capital to finance es¬ of pipeline facilities to carry on its business as a transmission company, Algonquin proposes to issue and sell to its present stockholders, pursuant to preemptive rights, not In excess 400,000,000 tons cf high first shipments from the Co. these Uncollectible operating revenues Montaup Electric Co.—Loan Authorized— 000,000 To natural He called attention to National's, acquisition 1955. INCOME services long-term debt shares common company further estimates that $8,000,000 additional financing in 1952 will be required.—V. 173, p. 1173. The include March sential Weir than expenses "Total also proposes to Electric Co., 615,400 additional cash consideration of $4,000,100. estimated not com¬ Camden, New Jersey. near believes This association on compariy Mr. of income .financing by Algonquin to meet the cost proportion 1952. net New England program with In steel The Massachusetts ' bidding. issue and company a tons, 1952. major and in in Finance— competitive applied toward the cost of the construction program of the and its subsidiaries. The company's construction program company for, 1951 this the built the Interest and expense Penn stock for common public proceeds of the sale of the bonds and additional to are to its of its shares to are current through program does that income Deprec. of any more Wages and salaries Monongahela Power Co.—Registers With SEC— The war current to have anticipated is sales other the in Reserve Mining the processing of Taconlte. Materials, and * . 100%, organized and doing business (R. I.) and Mystic (Conn.). but there appears to be no single method packaging that would be satisfactory to all of the prospective pur¬ chasers.—V. 173, p. 762. to 6,000,000 end it »rr'. 846. p. cf 1950 to of the accuracy CONSOLIDATED Total proceeds total a for plant to be cumulative The tons. is the largest of interest a amount ore and 15% of institutional Investors price.of 100.75% cf the and 6,000. shares of 4.50% sold th* that field will be made in Mobile Gas Service Corp.—Private Financing— On ' Co., Electrio all of these gas properties, began 1951 with a important steppingf. „ expansion Beverly Co., Electric & of Weir materials, Mr. Weir stated that the new Labradorfield, in which National is interested, has been proved reasonable ore, ' amounted 1950 Mr. raw Quebec Iron with we an levels," of program result, a which is 4,750,000 capacity io program fact peak $24,559,871, and program of approximately $130,increased by 250,000 tons during the approximately from the our As in at construction a for the proposed tonnage agreement Honeywell problems arising in $950,000 period emphasized grade , increase scheduled Regarding the additions with size, National's for t Under property started further pletion 30, on Ingot capacity was bringing total capacity to year, common March on carried interruption. ingot capacity larger goals." still toward was production in 000,000. 160,000. approved .'.stock to 3,440,000 shares from the present authorized total of 3,300,000. Both without increase National's 1951 maintaining organization improvement substantial thorized Debt Increased—New Contract— to Gas It is presently expected that natural gas will be nearly all the territory in the fall of 1951, and the historical earnings from manufactured gas operations are therefore an Inappropriate basis for forecasting future earnings. or addition Electric business: gas Suburban Gas & $413,283. introduced Chairman. Net operating income Net after charges aggregate was 100%; . . ar£ 100%, and Lawrence gas plant Investment of these companies at Dec. 31, 1950 $23,121,936, of which $21,632,335 represented net plant the Massachusetts companies, according to the application; by the 1950 corporation in 1950 had the highest production, shipments, sales, net earnings, employment and wage payments in its history, according to Ernest T. Weir, $13,280,503 $11,134,565 9,150,176 8,404,617 2,133,867 1,354,042 — —— ■ Operating expenses net aggregated ' —The •*' Narragansett ' companies -The 2382; electric 63.46% owned; Berkshire Gas Co., 100%. Co., both in Co., except Narragansett $3.60 i 1930, pp. engaged Electric Power Co., 100%; Norwood Gas Co., 98.39%; Blackstone Gas Co., 100%; Central Massachu¬ 100%; 100%, and Wachusett Gas Co., Companies Si All $8,861,408 .™ Co., Co., 90.42%; Northern Co., 97.86%; The $7,997,976 . Balance 173, $9,286,528 - Gas Gas Gas Monday, April 2, 1951 . Gloucester Gas Light 100; setts 5,131,781 . Companies engaged in gas business only: Maiden & Melrose Gas Co., 97.44% of stock held by NEES; Arlington Gas Light Co., owned; Salem Gas Light Co., 92.91%; Northampton Gas Light Light $25,931,037 $17,038,917 $19,553,797 18,224.765 7,580,064 6,424,040 taxes Net $13,291,917 $11,181,159 11,414' 40,594* ~ operating (1) 1948 $68,125,235 , ' V. *1, YEARS 1949 50,059,002 - profit —V, . CALENDAR $75,990,039 $59,439,883 sales™ Gross Michigan Bell Telephone Co.—Earnings- ; of FOR 1950 Athol penditures at other mills, will cost an estimated $5,000,000, of which up to $4,000,000 is available through a five-year loan for which bunk commitments are already concluded.; The balance will be provided from working capital.—V. 173, p. 477. , ACCOUNT sales Cost * its Toledo, O., and Manitowoc, expand Net in order to increase annual productive capacity by more than barrels each.. This expansion, together with authorized ex¬ .plants INCOME Year Ended Dec. 31— Increase the authorized commqji stock (no par) from 250,000 shares (222,417 shares -outstanding) to 500,000 shares. The company has no immediate plans stockholders The o . Co.i 2 2 2 2 2 Volume 173 Number 4999 New York Central • , oper. RR.—Earnings—-• 7rV By: »opeT?-*xpenses_l^ •; ry. -oper. rincome__ Net inc. •1,227,926 1 fxd. aft. i 6,260,559 The-common of stockholders1 Of ^record. April 5,> or. such later ;<d»te on -becomes'-effective/ will • be-given the right to :subScribe; op -pr before April 24 for additional: common" stock on ..basis j?f . one share for each .10 .shares held; ."With oversubscription .privileges! —A cash adjustment will-be'made-with-respect-to units of less than 10 shares.—V; 173, p. 1277. ' ' ; 1 '"7 S - .. 18,101,936 •3,341,107 :".*5,694,278 »5,327,049 •9,363,132 •10,079.298 / ') ' £,'.'$1 "7' 1 ; > «3y428,746 ,•4.625.288 dlorth from which ^registration (2) . v' Penn -plus cash rpayment a Dec.'31,"1950, to the date For each share „ the of class~~"A7 of 11 receive i4 shares of... capital <stoek equivalent to',$7 per annipn holder thereof, will be entitled to f - ■» 1,926;598 i •8,076-,684 ches. (1379) Oklahoma'Gas & Electric/Co.—Rights to Subscribe— •- . ' 54.984,862 r 45,197.511- 114,549,629 "95,747,960 oper." ry. Net ; 1951-^2 Mos.—1950 47/124,109122,810/188 il03,849,896 53,750,136 revenues....- Net -rev.t from The Commercial and Financial Chronicle . .1 1951—Month—1950" • ' ""$'• ; "J- '•••' Period End. Feb. 28— By. . . consummation; -of Step B; stock common df Pennsylvania Gas the,holder thereof shall be entitled to receive.!/< share ol-capitalstodk of North Penn; 7"/ ' '7 - > . >.,-.1(3) For each share of class the bolder - thereof shall-be "B" common entitled stocle pf Pipnnsylvaniai Gas a cash payment of 10c. receive to V 'Pennsylvania' Gas now- owns 120 shares of the'stodk bf PennWestern Service Corp., the remaining shares of "which are owned by the.SEC, on. March .23 cqveritsJ"other .subsidiaries-. Upon consummation of Step B "of - the- -plan,' -ing 2,000 shares.-of- common stock (par '$!),' to- be .offered -at, the -—thesershares will-bei-donated-back toPenn-Western^;. •-'. The company on March -16-Announced '-the-'largest- locom'otive order; market (about $12.12Mj 'Ter'Share) through-Van Alstyner Noel-<fe' Co.,In its history: 387 units »of- new-*diesel~electri6 motive power at -a !,. / After thq. satisfaction, /or! providing /for the -New -satisfaction/ of all York-(acting as broker)/on •'the New . York'Curb Exchange.— cost pf approximately $64,000,000. -7 ''•» *" * liabilities and expenses -of -Pat ' company, V. 172, p. 1236. anyother- asset of- Pa. / i t.• v . t < The locomotive order; ^divided among four-manufacturers, is be¬ pompany, Including cash and .capital, stock .of/North Penn,.. shall". lieved to be also'the largest-ever placed by -any ^railroad. It consists y be; surrended ' to North ;:Penn -!and. Pennsylvania Gas -will thereupon of 270. road freight units,--.30. road passenger units, 54 road 'switchers; 4Pacific Gas & Electric Co.-^rSecondary Distribution,7-A dissolye.7The effective date of Step B shall.be the 10th .day following *nd 33 yard switchers. ' '■•', -7 *; >,-the entry of an appropriate U. S. District Court of an order «'*.; •' ' : seeendary offering of 25,000 shares of common stock (par approvDelivery of-the new locomotives-is -expected' to -begin -in May 'and ing and enforcing the terms and provisions of said Step - B,. unless a $25) was made oh March 26 by Blyth &_Co./ Inc., arid to be'completed- during- the.-second quarter of 1952. • -• * -• •Deficit. ' • < Olympic Radio ^ Order—7.-^7. Places Large - - l«- - - ». - - * 1 letter of A •V Television, Inc.—Filing With SEC— notification filed .with was1 - • . - , .. , •» . . , » — - the-diesel*electric-ownership-of the Central -and of 2,091,100 horsepower. The locomotives -will -be constructed by the - Electro-Motive Division of-General Motors Corp.; -the--American Locomotive Co.; Fairbanks, Morse <& Co.; And Baldwin-Lima-Hamilton Corp.—V. 173/p7 966/ -7 -They will increase Its Affiliates -to , 1,642 units with-a -total The preferred and stockholders common The will company stock In exchange stock common also of shares present 371,202 the for approved 29 $20 shares of May the issuance p. 966. of ' • _• new additional or series The its ; ; ..., Exchanging Govern¬ of 1967-72, - . the for $225,000,000 1263. Treasury's bonds of '. / , site Station at Dresden this corporation's of generating unit, Arnold W. announced ager, The decision 7. , with Electric General The of extends the Vice-President and General Man¬ facilities 1945 into entire which post total will This more this of cost the be largest expansion war of this kilowatts 550,000 763. p. 1953, in Warren tions C. The the of is & Supply of ,";-7 ■ A also O. of in Co. Mr. established Peninsula. A. these of ■ Manufacture spraying equipment. Industries, Bee distributor; Coast Inc., also The the Corp. Plant line AQUA-JET AQUA-JET Cardox a No-Wilt for has and is line of until the up Governor of the New Union Bag and Paper Stock of salaried personnel 173, p. 862. which and the dividend no 31, on "At the 1950, Dec. loan to stockholders agreement paid on owing and additional properties."—V, the corporation electric Power V. Co., 173, has plant a in received service non-atfiliate, authorization SEC franchises and for $515,000 to Oswegatchie of Light & . closing'.adjustments.— plus . (par $100) had is to issue additional proposed company's Co. been expansion presently company.—V. 173, increased that 17 of the from to stock $225,000,000. of Union Union of share Oil the of Co. 16 the Co. of in balance due 168, 1366, p. shares of the Telegraph 'i of the on (par $100) and 2,900 shares of common stock the A letter filed of with the SEC PROCEEDS—The net the covering March on mentioned above proceeds are be used to to CAPITALIZATION GIVING EFFECT TO for pay the erected at The company proposes . 111.,' and PRE8ENT and cumu. Common preferred stock ^per $100)__ stock (no con¬ Ston-.. •for the BUSINESS—Company 1950, and will engage fish in organized the in reduction fish of into May on estimated, will build will .'have an " a plant Stonington, at initial- capacity day, of 5, in The high-quality SEC 40 which, it is of fish meal ' v . Conn., tons ' - of See Food . The company has on Financing—• s amendments to its-articles of on , to solicit common April 26, 1951; in favor incorporation. , - • ".''« financing,; The-amendmentstotheArtlclesof -Incdrpdratlori,'generally •; speaking,'-relate to, airiong other1 things/ -certain- 'limitations • on* the • 1277. limitations -on; preferred -stock. the series will f' v , yet interior paint that has unusual decorative rugged durability and washability of an the appearance and usefulness of a flat new with the possessing with characteristics distinctive a in any room of use sheen that-is the home.—V. due be April 1, at made 1958, at 173, and 100% % Bank Chemical the Y.—V. & iow enough 172, p. 2483. with the due April 1, 1966, 7; $25 par; issue, are to supplied be stock finance to estimated $7,500,000 an Bids - on • - and ■ construction • • p. •' - Chemical company per of for issuance - , on March 20 .. -. / 7". ' 7* ^ 'follows• 7 /• * -1 ; „ ^ ^ ^ ' * • r ■ "* '*• $10,000,000 first 7, authorization to issue and sell the March on 27 filed letter a of notification with the to of $5 per suppliers one " and share preferred share. distributors in /units of* common-stock are to be proceeds The • at offered to to be are of one share of used to pay debt and for v .'7 ' pre- $6.75( per unit, and 6,000 suppliers and. distributors ' .. .1 • Ralston Purina ■ : Co.—Offering Completed—A secondary offering of 24,000 shares of common stock (par $25), which was .made on March 21 at $79.75 per share, has been completed, it was announced on March 28 by Merrill Lynch, Pierce, Fenner & Beane; Hill Brothers; and G.-H.'Walker & Co.—V. 173, p. 1278. • //Rochester Gas & Electric Corp.—Plans Financing— ; vit was announced on March 21 .that this corporation -the New York P. 8, Commission, for •authority'to issue • *•" .7* SEC I (EST) a.m. 56,000 working capital/ ■ 450.600 preferred '-stock - ( $7 cumulative-preferred sT%*-ctmnrtattve'-preferred ■ stockl Lof Pennsylvania - Gas the For >each -sha*re "-Of" or company and at • •• -present of 11 (par $5) ferred - - issue to and its subsidiaries, estimated at $23,850,000 1952.—V. 173, p. 1174. 1951 and covering shares 7 :-JJnder-StepfB7Pennrsylvania.Gas -will liquidate by- distribution of -its stock years offered • ' with filed an up shares of, 6% -cumulative convertible preferred and 10,000 shares of common stock (par. $1), of which 40,000 shares of preferred are to be publicly offered at par, 10,000 shares of preferred and 10,000 shares of common stock are to be liquidation -and dissolution under Section 11 ;.v(l) -See V.173/ the The Haven, Pa.— Pennsylvania Gas & Electric Co.—Files Plan— Sl$S6tS has received without underwriting. working capital. Y., of it from N, Pyramid Electric Co., Jersey City, N. J.—Files With a-letter of notification with the capital stock (no par), to be offered The proceeds are to be used of purchase the / office of The West Penn 4, Securities and Exchange Commission— 20 filed shares for York New 7 < of the company program -V Exchange Commission— March on 3,900 share, Co., Inc.; Lock /-7. first mortgage and collateral trust bonds, due 1981, results of competitive bidding; and to issue and sell to its parent, the West Penn Electric Co,' 200,000 shares of additional common stock, po par, for $4,000,000. " ' The proceeds of the financing will be applied to the construction its-new . v - of 2382. ' 7 subject to the stock acquisition 3 St., Broad company above-mentioned by the SEC an amended .plan (e) of the Public Utility Holding Company Act of 1935. ' 7 .7' Preliminary thereto, and as Step A of the plan, the company will cause Allegany Gas Co., Dempseytown Gas Co., and Alum Rock Gas Co., 100%--controlled -subsidiaries of North Penn Gas Co. (which in turn is-a 100%-controlled subsidiary of Pennsylvania Gas), to merge into North Penn. North - Penn's authorized capital stock shall con¬ ». April 50 The SEC • /7 mortgage and collateral trust bonds due 1981.- connection • Co., providing for the the • accrued interest..; Payment Co., 165 Broadway, New ^ received by the company at the will be Electric complete Mine No. 10 in Christian County, facilities, pursuant to an agreement with Com¬ with 7 Trust 1174. p. -Potomac Edison Co.—Bids for Bonds— to apply the net proceeds from the sale of the -in-vestmentihrNorth Penn. •'**•''*■< - . p. from time to time for "new money," 662. p. This company has called for redemption on May i, .next, through operation of the sinking fund, $783,600 of first mortgage, bonds, 4V/% statement sist of 800,000 shares of " theuJan-value .of $5 each/ of which /,it Ohio Edison -recently -filed a common and preferred stock tfinaiicing proposal; and the charter amendments vare in contemplation of such* •; shares will be-issued "td Pennsylvania Gas in- exchange-for -its payment of common stock dividends «=and of unsecured Indebtedness -and .additional 173, new York, N. . .■»,-,7> the paint, acquisition of other coal rights in Christian County and $2,000,- The corporation of received EEC -authorization stockholder Approval At its .annual-meeting of'certain / Machinery & Chemical Corp. above.—V. 173, p. 9. Ohio Edison Co.—To Vote . told Pittsburgh Steel Co.—Partial Redemption— - ./, 7 . ! . products - the covering $lo for , Ohio-Apex, Inc.—Exchange Offer Extended— each for Files With Securities and at company r to Co. Pedlow-Nease 2,900 shs, 10,000 shs. Massachusetts related its described rubber-like ■ "• meal. The per was registration a -slope Mine No. 40 in Saline County, 111.—V. 172, Outstanding 5,000 shs." past.—V. to make It suitable for proceeds will be added to working capital in partial -restoration of amounts expended for other properties, including $750,000 FINANCING 10,000 shs. par) . postage meters and it is limited in was introduced by the company on March 28. 1 * :• product, to be known as W-allhide Rubberized Satin Finish, by E. -D. Peck, General Paint Manager of the firm, as having properties never before obtainable in a Wall coating. "It has sale of coal to that company -from certain mines, which agreement obligates the company to acquire additional mines, facilities and coal rights, a portion of which have been acquired or are*,in process of acquisition or construction. The „ was Edison • 5% the and The is as the principal underwriter of Allyn and Co., Inc., of the preferred on the debentures, and the offering A. C. terms preferred appurtenant monwealth 000 Authorized approving Pittsburgh Plate Glass Co.—New Product— wall » Inc. is named interest rate ••expenditures-required balance and equipment of a. fish meal-plant to be Ington, Conn., and for working capital. filed 26 and and- underwriting -debentures 2, last. struction has in enamel -amendment. (no shares Stuarti&nCo, offering/, ;<The •price per notification March on debenture offering, stock unit. The selling agent, as additional compensation for its services, is entitled to purchase an additional 4,100 shares of common stock at the public offering price of 10 cents per share. * company Halsey, •\ Industries, Inc., Boston, Mass.—Stock Offe^edrrCoburn & Middlebrook, Inc., Boston, Mass., on Mai#jb 9 publicly offered 2,900 shares of 5% cumulative preferred par) at $100.10 of Exchange A revolutionary qualities combined weekly covering $6,OQ0,OOO of sinking fund debentures, 160,000 shared bf"5V2% prior preferred shares, and Ocean stock it as , . American's The SEC 7 7// \.7 Stock on convertible preferred stock (par $50) 75,000-share limit. / con¬ as -7;/ 77 Peabody Coal Co.—Registers With SEC— the Northwestern • manufacturer York the present tional shares of the preferred stock has been $464,377 shares from ability to secure new financing at present, since there are no shares of the preferred stock available for sale. The company said it wants to issue and sell addi¬ California, expenses was 135,000 New corporation of increase in the authorized 4V2% to The Oil special meeting April 4 will vote a an its It finance Telephone & American , capital to time to time outstanding 763. p. authorized the from $175,000,000 stock program.--The all owns Co.—Stock Increased— Telephone March on SEC The stockholders at enable flight from New York to Nice' will be; extended to Rome on May 1, pioviding four-times-a-week service to the Italian capital with three flights by way of Paris, and-the fourth on the southern route.—V. 173, p. 966. 7" • Bell announced was 7 7 » <■* . Pan Northwestern It / Lipscomb, Vice-President 1174. p. at the Mean Asset Value (average corporation on March 23 filed a registration statement with covering 100,000 shares of. capital stock (par $2.50) to be at the market through Gammack & Co., New York. Sec also Fidelity Investment Associates, Inc. above.—V. 173, p. 1174. corporation will begin daily servioe to Paris on May 1, Willis G. Traffic and Sales,-announced on March 23. 7 Three weekly flights are now offered. Two more will be added April 10. 77 ; of (par $2.50) offered The acquire -all Offered—Gammack The the . The (Del.)—Stock publicly offered 12,000 shares of capi¬ Registers With SEC— / American World Airways Corp.—New Service— Pan Niagara Mohawk Power Corp.—Acquisition— ; March 20 (approxi¬ 1950^-. the on mately 8.69% of said Mean Asset Value). present time the liquid assets of the corporation total approximately $60,000. This is not-enough to allow the corporation to consider the development of its own properties or the acquisition by .Hurst note offerings represent steps in Piedmont's financing acquisition of Duke Power Co.'s gas manufacturing facili¬ area. The financing also involves a proposed pri¬ $7,500,000 in first mortgage bonds.—V. 173, p. 966, v/as March on amount of $475,000 to our with shares any in the company received / 7; of Bid Asset Value and Asked Asset Value) plus a sales commission equal to 8% of the offering price working and contingencies improvement of the property, which $362,975 represents the of 31, increase to development of some of other properties. letter a amount income with Dec. The shares payable at the delivery of $2.75 cumulative value, at the rate of one share par Pioneer Fund, Inc. & Co. • be can that from used be unforeseen possible in the of mentioned unit, plus accrued be Pitney-Bowes, Inc.-rTo Sell Preferred Stock- acquisition President, 7 terms loan the no . above to are against possible the per the Piedmont tal stock 5. proceeds consider the reflects note net $52 The notes will The stock and ties in were covering March on Mar. on related to its represented by The employee, not and associates $50 principal amount. retirement plan for salaried employees. a for 568.' p. Exchange negotiated as plan.—V. reserves to by 50%. nection of 173, the SEC part;. reduced commercial manufactured V. In Co. of Williams, in California sale subsidiary. Products set "Under continued by Newton Chemical & Supply Co. Included are Plantcote, the liquid plastic preservation for plants, the Alston Chem-Wand weed-killing device, and Early Bird Chemical Worm Digger. The company, further-states that it will act cis sales agent for additional products,of merit,In future years. Mr. Newton states that the company has been appointed Midwest East is notification company said products handled by No-Wilt will be And of the Ruth v the Division Products New a interests. new cost with the agri¬ of Interests a Association salary letter capital, absorbed by Newton Chemical that states Newton handle to the properties and formulator distributor Del-Mar-Va the the of plans, adopted plan PROCEEDS—The company. No-Wilt Plant Products Co, were recently been and President recently given the right to subscribe on or before April 6, 1951 for 1,212,200 addi¬ tional shares of capital stock (par $1) at 20 cents per share. The offering has been underwritten by Burnham 6 Co., of New York City. 173, 7-.:'7 company, the of a Palmer Stendel Oil Corp.—Stock Offered—The stock¬ Co.—Expansion— this of former share¬ 110,048 Vilas, prominent New stock brokerage firm of a salary in excess of $3,600 a year. join the plan, contributes 5 % of the excess over $3,600 and the company pays the amount necessary to to base 172. Rights to Stockholders — At the same time, the corpo¬ ration is offering its common stockholders of record March 29 rights to subscribe to 125,000 additional com¬ mon shares at $4.50 each, in the ratio of one new share for each two shares held/Subscription warrants will ex¬ pire on April 9. This offering is also being underwritten by a group managed by White, Weld & Co. /•/ '/ 16. A. Mr. Vilas also is director of the ana holders of record March 10 the kilowatts.—V. 380,000 for each the in produce -v. .-.'.v Supply well-known a chemicals elects his generating program for Co., Bridge ville, Del., announces the expansion of opera¬ company cultural & President Newton, facilities ard of to company's Homer member A Sons, have he 1950.—V. 31, Co., Inc.—Notes and Common share at the notes. preferred stock, 7 vate-sale of directors contributory filed Newton Chemical Newton & Son capacity increase an 7/7" 77' /■■.••./ . company's is union, who have electricity In its central interconnected system will be increased from about 170,000 kilowatts at the end of World War II to approximately the program & pension a of amount of Under basic if its construction the to board Gas one common on new cost. balance unit, The 1953. to 1953 is about $140,000,000, which more than doubles the company's property at the beginning of 1945. through total station ] • directorate, including one at the annual meeting April plans the broker. Past a on-Dec. election of the company by Director— a the on mailed was for Exchange is two The company's interest with Local 190 UAWCIO last fall,, provide pensions up to $125-a-month, including primary Social Security benefits. Under these plans, the company pays the Co. this addition The He share Offered-^White, Weld & Co. notes and / . Firms. Corp.—Expansion— than double Its present capacity of 92,000 kilowatts was made after completion of engineering studies which have been under way since last fall when the order for the 100,000-kilowatt turbine generator was placed system, Stack Corp. 19. existing vote pension statement Lawrence J. York new the expand two investment Cyrus Lake Seneca has been selected as 100,000-kilowatt steam electric on Milliken, March on to / will candidate new York 2% % bonds. A exchange.—V. 171, /". V and proxy A of the in ;/•,' -• . New York State Electric & Gas Greenidge issue new involved is ;■ ; v holders. March 28 announced that it is exchanging all United States Government bonds of June and on stockholders candidate, per public $1,900,000 of 5%% interim, notes, due Dec, 31, 1953, and 38,000 shares of common stock (par $1) in units consisting of $50 principal amount of 2,748,658 - Two Pension Plans Proposed— . . The company December, the /. -■' The — $87.87 V2 • 30 Offered tofhe $3,841,235 4,000,771 - < Packard Motor Car Co.—Vilas to Become holdings of 2VL<% total p. of to Piedmont Natural Stook 4,389,082 $5,080,896 Net operating income Net after charges f. Bonds— ment 6,473,679 173, p. 763. 1950, .% Operating -taxes —V. * •_ p. $38,144,003 $33,590,116 -26,589,428 25.359,799 ... ! preferred ^amounted 2482. * operating of flexibility in preferred stock.—V. 173, •• Co. 1950 measure a - New York Life Insurance of and " 1951 granted. Gas ,3s- Electric -Co.'s; capitalization: at -Dec. 71, 20.000 shares- of'the $7 preferred, 1O;O0O< shares of the 'T%':preferred,/! 12,'223 shares of -class -A common -and.224,967 -shares of • class B common: Accrued-and unpaid-dividends on both issues of _ $38,236,424 $33,714,351 reremies_____„_„_i__' 92,421 ' 124,235 charter amendments in May, * revenues ' -Uncoilectible • the third Tuesday to Operating .. to provide full voting rights for preferred-stock, share for share with common; a change in the date for the annual meeting from the. first Wednesday in .'consisted, of , . Operating revenues Operating-expenses -'-J• ; , approved . Month of January— value= common $100 par value par "•-Pennsylvania - ^Pacific Telephone d Telegraph Go.—Earnings— the . 1,856,010 outstanding. stockholders The issue March on " by issuance of five shares for / .' proposed plan to split the common stock each share held. .7, per- - ' • St. Louis RR.—Split Voted— share, -with ^ dealer's discount;, share.—V. 173, p. .1277. . . ; ,7,'i of 40-cents :per> - New York, Chicago & stay :of'execution-shaH 'Tiheretofore-have-beeh at^$32.25 associates 000" of~neW 'flrst mortgage bonds-and has applied to and-ssell $5,000,- 150,000 shares of common stock -./(no par).'-;The latter tissue willefirst be'offered to common stockholder* ' for -subscription i,\r;The on.ua - basis /of one-share- for- each - seven -sha-res -held. -offering price of .the common stock-is-'to.-be-rset At-a-later- V7173, p. 663. r 7 . 7.1 \ 12 ^ommercla^ and Financ^ Chronicle (1380) Corp.—Earnings— Rochester Telephone ■■/':, Month of January- revenues Uncollectible operating revenues Operating revenues Operating expenses — Operating taxes —V. 1175. 173, p. .; . (W. A.) $47 091 47'uyi Profit-sharing ees this of Stock Fund, Inc.—^Files With 863, of and sales rentals and royalties sales, Net 31/2% notes —_— Sisters. of the 1 together then with other outstanding funds, 1.542,833 CONSOLIDATED income •Tividends paid on preferred paid Dividends on common shares Cjmmon Earnings 5,478,203 3,102,428 stockstock outstanding———— share common per 2,588,8^5 152,105 3,619,500 foreign taxes on income— Frov, for Federal and Net 20,148,870 8,525,126 taxes— income INCOME Total operating ' for Prov. Luilt with making State, for 100,000 tons _v the of .• (/ - shares for $2,000,000.— v.?';:;-, : .. ' 4/' . . : admitted to trading the on . York New March reported income net of for the from Income of Cost of sale goods and per com¬ ; Co.—Earnings Higher— ' 1950 1951 services." ,;:\; i , and 9,115,325 569,084 administration $9,946,511 9,328,477 554,378 $270,494 goods $63,656 70,054 39,594 $9,954,903 expenses. . of sales $3.58 to V services.—— advertising & net 1950 year equal $5,266,442, 2224. p. from from for Provision operations. income.. Federal 1 income taxes— 99,482.753 —V. 94,818,857 'profit 173, $101,440 10. p. ; ', v 35,424,838 February— from railway..._ Net 11,981,914 10,9~6~1~821 9,968,097 261,805 261.805 from Net 11,260,000 ry. 261,805 adjustments— Federal taxes 13,895,407 11,715,471 12,433,000 8,961,000 4,708,000 Net from Net ry. 1949 1948 $225,478 $275,344 *17,976 *7,913 *2,936 *27,000 *64,681 *55,204 income oper. from -' Net 23,125,481 22,725,327 15,227,398 2,302,059 2,251,535 railway—571,867 income 25,427,540 24,976,862 17,881,152 5,769,515 6,037,075 5,991,857 (net),_______ ♦Deficit.—V. 423,714 64/439 income—_ 2,653,754 operating income Other 1 *64,400 • :.■<.'•■ '••'•V railway oper. \ 1950 $193,252 22,568 railway From Jan. 1— Gross 10,283,714 taxes_______^—__ income Ry.—Earnings— 1951 $264,780 Gross 8,445,133' 11,629,900 2,000,000 depreciation $13,462 ' , 95,578,985 33,879,734 "8,321,616 ' 760,128 652,305 100,135,058 expense 10,600 99,000 —— 1943 173, 477,485 *8,352 *37,626 " Gross income deductions Total, * 581,440 2,966 *96,562 • % *103,1570 *8,677 *139,464 967. p. Net income Orig. stock 6% rlso where the pointed of economics manufacture favorable." are that St. Regis has acquired an ample to protect its investment in the enlarged kraft facilities. The 11 v northern be rnd diverted facilities such from mills manufacture manufacture flexible more than kraft State the the on are grades fouthern York New concentrated their C out Cum. the are , mills, the report states.—V. 173, it corporation on March 19 225,000 shares of filed letter a notification (par $1) $1.25 per share, without underwriting. The proceeds working capital and to retire indebtedness.—V. 167, 'tor (G. D.) —V. after per 173, electric common share— for Prov. Total i ♦Based The per taxes on, If. '0% starting steel o I; -neve '♦The and $1.44 this April will demand 1 still leave for our of government materials us - restrictions civilian good a the- on change during the coming remains at a quarter."—V. 2028. high 171, p. income," company ;r a«out •rnued and c earned during 78.5c per share outstanding. In year. May cbtedness. To for mcessary the approximate 349,695 of level and replacement expansion of the it has equipment operations no during during loan stockholders rporation on March 10 voted stock ratify confirm and the Employees' Profit Sharing Trust previously approved aM authorized by the directors for the primary purpose of providing rvirement benefits for employees.. All employees become eligible f completion of five years of service with the company or its rwjsidiaries. Falkner C. Broach, Hugh M. Thralls, and Elmer D. Wilson have been s named trustees.—V. 171, p. 1891. Servel, Inc.—To Manufacture Electric Refrigerators— The corporation sale vw*ieh in were this on March country previously 27 the made for announced electric export that it will shortly -*offer refrigerators absorption-type markets only. has been ervffs chlef, Produck the past 25 years gas-operated Ifof "-h* " States. SVhf "which more than 3,500,000 have been sold The, - company e beyond the gas also makes kerosene models 31, 1950 ' V. . assets fof mains. 6,765,290 — 9,283,296 7,741,211 .4' convertible series.— First 4 and Series Notes due Customers' Taxes 41,335,725V 108,000,000 30,000,000 40,000,000 30,000,000 577,830 --r-r ,. , 2,747,229 -577,83d 24,168,868 2.291,060 1,477,369 VI,467,994 •. 113,283,760 113,336,567 ——1 * ——1 casualty—» 5,976,864 5,976,864 United ~™^h^ar<xlravf PP°rw tl.:ough larger volume and 11 J. a.ound ^ the position ,?f the absorption lower i prices. hi S^ialfft??htageSi Production limited for tne present, Mr. of Jones trfid^peCr f May.—V. of M^°dev middle 100 173, electric States refrigerator in -Contributions Total —V. 1;383,336 1,383,236 407,832 -407,832 ———————— of aid construction——'—-? 2,559,783 78,718 78,718 — __—— 173/ p. models will : use ln domestic markets will start p. 1175. ' .. 1949 $5,990,658 1,310,619 4,787,339 accounts of receivable raw materials, rebates ... Insurance Other and other prepaid expenses———— /> > '*■ 6,635,932 '162,790 a. 96,806 131',571 488,397 assets 710,736 Total. _P2—_____a $22,470,978 $19,730,195 _ LIABILITIES— 3% % note payable to Notes payable to Dividend payable payable sales on stock Common liabilities contracts,^— ($50 stock ($10 stock dividend __L____/__ value) par declared close of 1950 2,9S0,170 \ 6,078,490 5,540/238 $22,470,978 . there stockholders, 170, 53,451 3.-386,550 301,017 u— / preferred ,3,386,550 3,010:170 $19,730,195 — preferrd.—V, 707,798 : '690,694 . — value). par • the 1,975.000 33,866 2,153,122 3,951,417 628,774 /_ income 4% $2,000,000 1,690,000 — accrued surplus Total $2,700,000 33,866 and on Preferred and banks. company,, —— taxes Federal insurance an were 3,108 common stockholders ?ar«d whom about 500 held both -coirtmun of 2230. p. /.'//..• ' '-/r; corporation covering $5.50 The proceeds program. March on shares 54,500 23 of filed ... to are ■■/ be for used letter a of notification with .* 645,89^115 651,584,376 - >:/" Texas Fund, Inc., Houston, Tex.—Files With SEC— The SEC corporation covering on 300.000 March -26 filed shares common of a registration statement with the stock (par $1) to be offered Texas & New Orleans RR.-Earnings— * 1951 1950 V February— Gross Net Net from from ry. railway_^__ $10,024,000 / 1,846/497 railway, oper. income—. from Net from Net ry. ^,187,749 .' -1948 , 2,119,599 • 1,144,787 1,064,661 18,910,453" 19,418,972 20.558,319 5.616,130 (2,160,149 406,279 railway 22/296,280 railway.. oper. 1949 $9,094,993$9,270,635 $10,179,138 T 485,001 -2,730,451 '• 7 'From Jan. 1— Gross —V. 173, The stock Proceeds are to Co.—Financing Approved— company On March 21 received SEC - to be offered for public sale at competitive thereof, together with treasury funds to the be invested in the purchase \ 5 authcy;ization to issue and shares of additional common stock, $5 par. is p. 5,406,146 4,557,525 4,141,721 1,672,926 •• 1,588,615 2,103,826 income.— * 1115. Texas. & Northern Ry.- -Earnings— February— from- Net The the stock (par $1), to be offered Jeffries & Thorndike, Boston - Mass. working capital and for expansion common share through Childs, per 2,559,783 864. Southern / 1950 $5,743,754 1,510,880 Gross sell 1,000,000 indicated. 5 subsidiary) - change Frequency The gas refrigerator will continue to receive major emphasis in our f,a es program, W. Paul Jones, Servel President, said. "The elec-tncally operated refrigerator is being introduced In the Canadian 8,022,477 2,747,229 —* .4.——1— costs T 1951. 1, 12,062,467 40,000,000 8,393,290 _ Insurance »and- paid Feb. hold ./25.000,00^ 12,000,000 .——— —......————; —— Nil : 24,542,885 108,000,000 —— ^ • 298,017 - shares .10 (nett—6,556,726 supplies, work in process and finished products, at the lower ' /. of cost or market— 8,074,415 Claims for refund of taxes and renegotiation • and The 2,291,060 ;■ value) par ________— Notes , ————1.—23,730,036. — at each for ' ../". '.•!■' 25,000,00(jJ 25,000.000 — . Subsidence Cash Inventories At 19,042,292 advances and other deferred credits.; Pensions (Incl. . —: 1———— Reserves: recorded ASSETS— . 4,000,000 100,318,297 100,318.297 6,536,044 6,536,044 accrued Customers' stock common Land, buildings, machinery, equip. & tools (net) Common ' shares of CONSOLIDATED BALANCE SHEET, DEC. 31, 1950 AND 1949 i/j Earned bonds— — -deposits accrued Interest (30,101-7/10 share at (3%)- payable Dividends $5:540,233 301,017 $2.79 SEC —^ payable $6,078,490 12,418,850 ($12,000,000 to banks)_——_4 payable 135,462 301,017 12,418,850 ... — 1973 135,462 stock— in 20,000,000 due 1964— — due 1973 (3'/a% )..——.—— B, $5,675,700 39,342,275 3'/4s, Series A, 5,353,756 Supreme Sunrise Food Exchange, Inc., East Rockaway, N. Y.—Files With Securities and Exchange Commission capital stock—— 4— of of *$478,036 outstanding.— common-share.— <;tOne - -y,.,..-. on refunding mortgage 3s, due 1965 Series Series ' 4, —1— surplus declared surplus at end of year per 1,529 ,T 4.56% surplus—premium $974,731 5,540,238 —39,342,275 Series—. Common ' 2o;000,000 ^—i^>8 41,335.725 '20,000,000 *,V'*w®• 4.-•»>♦,+• convertible Earned - . series 4.48% Paid-in 194,640 Cr250,000 shares 2,747,875 y. '4 prior— —— •' 5,656.793 203,976 660,000 year— dividends Earned 4,992,408 - 2,747,875 4,000,000 series ** 6,450,816 taxes dividends paid or declared in cash Advances 5,976,679 4,992,408 , value $25 per share— Preference: -profits excess at beginning of year contingencies transferred to earned Earnings 120,633 5,967,378 issues oustdg. — „— the for for Accounts 120" 633 — " series and Common .-J———645,891,115 651,584,376 5% _____ expenses surplus '2,000,000 on ; administrative and income Preferred , expense sold expense , 594,865,096 594/865,0.96 4— .——.— par 75,840 _____" $38,082,626 $29,711,271 29,793,103 24.587,894 $6,514,969 Company Consolidated jj •' > ' •• ^ "'' —— Depreciation tor DEC. 17,302,385 obligations— selling — Accounts to 11,287,114 reserves)—I— (less 4.32% the company spent seme $750,000 in 1950. Funds for payment ■o" the loan and for these 59 units of new equipment came in large part from cash realized from sale of assets in areas where activities -had been curtailed. The 6,015,271 18,368,338 ■ other 4.08% $622,000 equipment new 6,087,646 SHEETS Cumulative preferred: stock outstanding and 24,455,984 — Original preferred, taxes, paid goods general Profit + ' . LIABILITIES— Share after were 106,844 5,845,166 and Capital stock, see common balance" of 116,740 136,686 9,570.666 Total use we 2,075,599 " 14,286,512 V.,172, a accomplished the y-ar, share a paid of 1,569,933 14,286,512 he said. and 196 $275,000 shares 35c company so that at present provide the the Dividends 1950 f- ? ,?.n-a 10-y™r loan ri 1950 on 1,593,820 *9,132,340 . Seismograph Service Corp.—Earned 59 cents The 15,119,942 . — '4.88% tn T. 80,291,789 24,863,171 deposits Capital "We manufacture. profitable 77,338,003 22,769,311 ———-'J , with products in 81,460,658 23,132,665 supplies, at cost———„ Prepaid taxes, - insurance and other expenses— Deferred charges ——-■ . because critical 4,410,000 19,018,005 and Receivables Materials time, he said refrigerator production would be cut about other 261,805' 261,805 8,700,000 11,653,003 '10,234,173 13,825,545 & taxes — Government S. Special 1,585,391 will turn part of its to the production of streamlined combat "fuel tanks for F-86 jet fighter planes under a contract with North American AviaInc., John S. Holl, President, announced. same 261,805 12,050,000 3_ — 9,958,497 f 7,013,583 1950 1,100,000 shares outstanding. company -within the next two months of ♦Loss. -10,954,500 11,966,345 adjustments total deductions. plant Investments on At the 5%'_s. income income 107,281 (net).: j___ '" ' 'utilities f rbre 8,443,560 BALANCE $3.32 $1.63 Cost Selling, 35,723,754 11,260,000 Net income 1949 34,141,893' ______ income, less taxes and exps.__ Interest and miscellaneousGross 1,796,769 share common 592,374 11,626,802 Oil $39,639,248 $28,258,895 after income earnings ♦Earnings income Total 800,000 8,320,485 operating income Other income: > ^ ; I., ^1.1^—302,98038,420 income 94.818,857 2,000,000 Net the other 4.; sinking operating expenses and broad- from taxes) 100,107,314 .'95,411,731 33,036,478 at other ASSETS— "4 C'Jles $ expense on interest ofv acquisition Amortiz. Taxes—'all Seeger Refrigerator Co.—Earnings Higher— h incl. Taxes—Federal 551. 1951 99,482,753 624,561 589,825 , taxes^ depreciation income 1948 ''■i.C 104,593,323 change Fed. received Reserve —— basis Electric 6 Months Ended Feb.-28— Interest Earned 1949 104,003,498 revenues frequency for fund offered $5.85 240,143 302 $ revenues $16,333,025 $11,762,765 4,177,782 2,328,010 taxes (before casting operations / ONLY) 1950 to be used are p. $1.83 1949 $37,672,385 $29,597,011 4,775,750 $2.99 (COMPANY energy operating 9. p. of electric Interest, etc., _ income 'Earnings with be 1950 ;?'et sales ACCOUNT Operating expenses and Searle & Co.—Earnings— Year Ended Dec. 31— 7Net to 7,354,187 < $2.97 Maintenance of stock common per Profit tCommon market covering Federal revenues: Other the Seal-Peel, Inc., Van Dyke, Mich.—Files With SEC— C 640,783 share common Total corporation The f 807,539 -.8,598,975 Sales on March 21 filed a registration statement with 80,000 shares of capital stock (no par) to be offeredthrough Scudder Fund Distributors, Inc., Boston, Mass, proceeds are to be' used for investment.—V. 172, p. 1034. V ?", T ,e Interest , Years Ended Dec. 31— t*»e SEC covering the 935,359 share- stock—$1.50 per Operating . Scudder, Stevens & Clark Common Stock Fund, Inc., *I>ston, Mass.—Registers With SEC— '* " The '1,851,355 976.000 594,189 Prov. t 1.785,703 1,839,646 976,005 series— INCOME 663, p. 1,785,703 1,769,428 ser. stock—4.56% Common supply in 1,785,703 series- conv. series— was j machines Crl,154 stock—4.83% Earned specialty kraft papers, since suited to the produ6tion high-production 4,749 - pfd. by the company for multiwall .bags paper >299,995 Preference , better and lkrge wood stock—4.32% pfd. 5319,981 11,889,295 1947) — Preference stock—4.48% retained of of It 5'/2%_ and Cumul. in 1950 Sales, less returns and allowances 18,939,787 share per (retired (& Canadian .Subs.)—Earnings Year Ended Dec. 31— 19,658,025 stock—$1.50 pfd. Preferred " fcouth, V ,— Stromberg-Carlson Co. . This mill is expected to be "•/■./■./■•V/--./. be completely integrated, capacity. year a manufacturing kraft paper and board from pulp which they produce., '-"hey will more than double the company's present southern capacity, consummating a plan which has been under close study and >conrrderation for several years to expand integrated operations in the i! change local and misc. Federal paper by the. middle of 1952. V// projects, the report points out, will Both <- and Deductions 32,677,899 ——«— of acquisition Amort, . ■ stock common • 75,000 Co., , been recently company Profit 104,697,122 revenues frequency Provision ,i . 104,003,498 f 693,624 —_ Maintenance $0.90 to the net working capital shewn in the balance sheet, (he company held marketable securities worth $11,095,529 at Dec. 31, !950, market prices. ••'••'•/'"' iV, The kraft paper and board capacity at the Pensacola mill in Florida i; being increased by 100,000 tons a year through the installation o£ «. new paper machine, accompanied by corresponding enlargement of t ie pulp mill. Construction was started late in 1950 and the'new. 1 r-achine is expected to start operation early in 1952. At Jacksonville, '1 la., a completely new kraft pulp, paper and board mill is now being- t of . .. In addition i t 1949 1950 Operation capital at Dec. 31, 1950, amounted to $60,261,508, comat the end of 1949, with the increase reflecting receipt on Nov. 30 of the proceeds from a new $20,000,000 de1 mture issue, for use in the major expansion program the company !has under way in the South and which, according to the report,"will f -eatly strengthen the company's integrated position in kraft paper ? ' Staten Island Rapid Transit Net working board." on' (COMPANY AND SUBSIDIARY COMPANY) Sales of electric energy Other operating revenues ie fnd to redeem jused were , rired with $41,344,760 t of Net 798.87;> $2.10 . Province Mercy, has Standard Milling 8-888'i>28 5,170,714 — Power effective share.—V.> 172, mon Southern California Edison Co.—Annual Report— 9,609,361 11,623,744 before income The $35,632,396 bonds. $500,000 Years Ended Dec. 31— Net ."•* shares lor $5,000,000; Georgia Power $5,000,000; Gulf Power Co., 40,00 shares for for stock common Exchange, Selling, 21,774,958 — II-I- shares of r " 3 Months Ended Feb. 28— proceeds, The number '50,000 26, 1951. Company has 1,470,000 "shares of common stock, $1 par value, outstanding. Since first public distribution of a portion of its stock last September, the company has paid quarterly dividends of 25 cents a share on Nov. 15, 1950, -and Feb. 15, 1951. ' *. -W'■£ .the i 992,9ib 1.626,088 income Oross InSme changes - ng 719H6 20^'.675 1,362,28., —— credits The Sold—Thos, February issued and sold $372,000 of by shares financing in Standard Coil Products Co., Inc.—Listing, etc.— , Stock .guaranteed them Commission also authorized the subsidiaries, and the purchase by of notes due 1961. are Co., $2,000,000, and Mississippi 173, p. 1274. ' 7 ' . coupon March Operating income '40% to Power 292,400 assist to . V. . Detroit. J?? * Income equal McDonald & Co. in 134,376,511 118,719,14b expenses Co., ' -..-;;;'f'^ The Cost Alabama Sisters of Mercy, Hammond, Ind.—Notes l9*9 1980 31— /' '■ Southern, of the specified respective subsidiaries: • This fourth-quarter payment brings the total profit-sharing money thus distributed to more than $9,000,000 in the last 16 years.—V. 173, P. Co. (& Subs.)— Earnings- St. Regis Paper ".v'//-,., companies operating programs. part of such program, the issuance and sale by the following their December-Januaryto some 1,800 employ¬ bringing the fiscal year payments to an all-time checks company , Securities and Exchange Commission— The corporaton on March 27 filed a registration statement with the SEC covering 75,000 shares of capital stock (par $1), to be offered, at the market, without underwriting.—V. 172, p. 1833. Year Ended Dec. ' ; Sheaffer Pen Co.—Pays 40% Wage Bonus— high of 27% (T.) Rowe Price Growth ./ subsidiary As February earnings were distributed on March 20 . ( .■ 124 596 $1g?701 67»701 — —-—,, . of their construction corporation on March 14 filed a letter of notification with the SEC covering 125,000 shares of common stock, Mo be offered at $1" per share, without underwriting. The proceeds will be used to develop mine and build plant and mill. $712'444 780498 ;131.310 —~t—— charges after Net $1 —— Seattle, Wash.-— Commission—' The ■/- —... incom^|L^^^_— Net operating Files With Securities and Exchange Jmms $1,077,357 Operating stock Seven Consolidated Gold Mines, Inc., '/ ^ Monday, April 2, 1951 . . . extent of-additional shares of ; bidding. required; common from Net ry. From Gross Jan. from Net from Net ry. 37,956 $92, 21,619 46, , 20, 98,787 198, 103.265 • 7,252 206,560 ■ 49,239 104. 46.466 17,935 48, - railway income $45,243 ' 13,225 railway. p. 1950 $87,928 income.i 1— oper. —V. 173, ZL_ , railway oper. ; 1951 railway — 1176. (Continued on page 51) < Volume 173 Number 4999 . . The Commercial and Financial Chronicle . v/ . ■ (1381) ' '■ ■ Stock Record New York Stock Exchange DAILY RANGE OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES FOR EVERY LISTED ISSUE Range 'or Previous STOCKS Year 1950 Lowest 39% Dec Range Since Jan. 1 Lowest Highest $ per share share $ per 54% Jan 1 $ per share 21 41% Mar 15 1 Dec 30 3 27% Dec 29 27% Jan July 12 25% Dec 29 25% Jan 2 42% Feb 14 38 % Mar 28 36% Dec 21 39% July 14 17% Jan 3 " 30 Jan Adams 18 July 13 27 Feb 3% Jan 121% Jan 19 2% Jan 3 131 15% Mar 29 23 Dec 28 21% Mar 29 77 Oct 18 74% Jan 5 Jan 29 Mar Aldens Inc 2 27 5% Dec 29 3% Feb 27 4% Jan 68 July 3 86% Dec 30 80% Jan 22 87% Jan 2 Sep 8 83% Oct 20 82 4 85% Feb 21 3 2 8 % Jan Jan 37% Mar 29 18 95 3 11 102 Feb 13 11 Feb 5 10 65% Feb 13 58 21% Mar 29 23% Feb 2 28% Jan 32% Feb 14 Allied 48% Jan 26 Allied 1 Jan 4 32% Jan 13 44% Sep 28 41 Mar 28 16 100% Dec 20 95 Mar 24 28% Jun 5 6 16 93 Feb 47% Jan Jan 9% Jan 44 27 Dec 29 42 % Mar 15 *101 Feb 47% Jan 23 27 53% Nov 22 49 Jan 2 27 14 Dec 27 13 % Jan 15 30 82 Dec 28 26% Jan 7 66 Jun 14% July 13 68 Dec 27 67% Jun 27 20 85 % Feb 18% Feb 9 57 Jan 22 Dec 30 14% Mar 15 43% Dec 14 39 109% Oct 4 107 14% Apr 8% Apr 21 7% Jan 13 3% Jan 3 30% 42"% 43 42% 43 42% 43% 41 95 95 96 96 8 Mar 28 Mfg Common_No par preferred 100 21% July 13 38% Dec 19 15% July 17 74 Mar 29 83 % Jan 32% Jan 28 51 Mar 22 40% Jan 2 Feb Feb 18% Jan 4 22% Feb 22% Jan 25 28% Feb No par 97 27 7 Jan 8 21 71% Jan 2 16 178% Jun 19 171% Jan 4 101% July 12 ?< 32% Jan 13 90 113% Jun 23 111 49% Oct 6 47 Lowest Jail 10 Jan • 2 Lowest $ per share 18 July 13 July ,31 24 17 Jun $ per 24% Feb 8% 97 Feb 58% Jan 15 27 2 Feb 9 23% Feb 15 18% Jan 5 22% Feb 16 2% Jan 16 3% Jan 2 4 4% Mar 23 93% Oct 3 15% 16 15% 15% 16 85 83 83% 83% 16% 83% 83% 83% preferred—„100 American Bank Note common 3%% 13 85% Mar 28 17 28 Mar 28 8 96% Jan 16 18% Jan 84 Co YORK Foreign Power $7 preferred $7 2nd preferred A 10 3 34% Apr 11 9% Apr 13 13 92 26 July 17 16% July 18 3 21% Dec Nov 13 34 Mar 28 2 17% Jan 16 18 111% 175% 19% Mar 29 11% Nov 22 Mar 22 July 13 47% Dec 29 13 6% Jun 26 23% Aug 1 33% Mar 16 32 36% Jan 43% Mar 14 106% May 17 18% Aug 16 9% Nov 3 *12 Aug 2 11% July 26 104 8 15% Jan 2 x8% Mar 20 10 5 3 27 12 % Jan 2 7% Jan 31% Jan 15 49 Mar 24 70% Mar 28 14 Jun 5 134% Sep 25 223A Mar 24 145 Jan 13 29% May 1 9 July 14 38 2 153% Mar 30 14 44 8 16 36% Feb 16 1693A Sep 3 Jan 22% Feb 175 73% Nov 24 4 19% Mar 30% Feb 3 Feb 22 7 12 11 38% Jan 135 Jan 15% Mar 17 177 Feb 26 10% Jan 19 39% Mar 27 56 Feb 80% Feb 167 5 13 Jan 1% 28% 28 42% 42 lo *20% 21% *20% 25 .25 *91 93 10 423% Feb 14 23 139% Jan Locomotive 86% 86% „10 San'y com—No 65% Mar 30 Feb 28 68% Jan 31 146% Jun 30 Jan 16 64% Nov 27 58 Jan 25 66% Feb 9 117% Aug 17 7% Jan 3 121% Mar 28 X117 Jan 15 119 Va Jan 30 140% Mar 29 12% Mar 22 8% 154 preferred American Stove Co ; Refining par 100 5 American Tel & Tel Co 6% 5% Tobacco 100 25 common preferred Viscose 100 Corp com 25 preferred 100 American Water Works Co Inc American Woolen Dec 14 99 Jan Dec 18 81 % Mar 28 94% Jan 2 16% Nov 24 14 % Mar 28 19% Feb 5 87 2 100 1 95 81 5 Nov 21 38% Jan 25 27% Mar 10 40% Dec 28 36% Jan 2 273,; Apr 38% Nov 24 78% Mar 30 107 Mar 16 Feb 106 July 12 110% Mar 8 *51 Jan 12 72% Oct 2 19% Feb 11 36 Nov 17% Dec 7 Dec 106% Mar 27 66 Va Jan 3 18 X31% Mar 15 11 14% Mar 30 20 49% Dec 26 473/a Oct 26% Mar 15 preferred 100 $4 conv prior preference—No par Amer Zinc Lead & Smelt com 1 44% Feb 13 41 13 Anaconda Wire & 6% Jan 4 47% Mar 29 18 42% Mar 15 120% OCt 23 110% Mar 29 footnotes see page 24. 30% Jan Hock Cable Glass Jan 13 74 Feb 1 38% Jan 16 Anderson-Prichard 19 Feb 10 Andes Copper Mining 53 Jan 13 51% Jan 29 130 Jan 29 $4 preferred Anderson-Clayton & Co Oil P W Products Co 1^1% Corp Inc Armco Steel Corp common convertible 32% 7% 35% 20% 8% 37 49 *353A 49 32% *6% 7% *48% 32 10 20 5 No par 10 preferred—108 14% 15% 177 •175 88 ♦85 *10% 10% 43% 44% 104 104% 17% 18 35% 10% 20Va 20Va 4,300 2% 2% 2% 10,200 86 ; 86 *86 49 36% •,v 14% 14% 9,600 75 75 2,200 54% 6,400 *48% 31% 32% 7 7 49 •48% 32% 32 Va 32% 6,700 6% 7 «3/4 6% 2,100 80 78Va 78% 50 *16% 17% *17 17% 17Va 17% 1,300 19% 19% 19% 19% 19% 19% 20% 101 14% ' 19% *100% 15 *84 14% 88 10% *34 10% 10% 44% 44 44 *43% 104 *103% 18 17% 17% 8% 8% 105 *103% '• 20 19% 101% 14% 14% 88 •84 103/4 10% 10,600 100 15 5,500 88 10% 1,700 44% 43% 433/4 1,700 •103% 105% 173/4 17% *83/a 83/4 17% 17% 8% 8 3/a 180 3,300 29 28% 28% 28% 283% 28% 28% 35 34% 34% 34% 343/s 1,600 20 19% 19% 18% 34% 19% 34% 19% 18% 183/4 51,600 15 14% 14% 143/4 14% 38,000 8% 15 Va 177 8% 14% ; 175 175 ♦175 177% 38% 39% 37% 39 38% 38% 51 50% 50% ♦49% 51 50% 50% 8 ■v. 71 8 . 8% 7% *175 8 8 i 38% •50 . • . 700 4,700 177»/4 10 8 4,600 38% 4,000 51 250 72% 70% 71% 157% 158 % 155% 157% 154% 154% 153% 154% 520 40% 40% 40% 40% 40% ♦403A 41% 1,000 *136 40% 138 32 32% 32 32% 3,800 351/2 35% 35% 500 13% 3,700 63 1,500 136 136 *136 32% 32% 31% 36% 36% *35% 12% 13 64% 64% *131 Va 133 21 % 21% 154 154% 64 Va 64 % 140% 141 , *131% n9., : 105 % 8% 9 3,300 20% ♦lOO'/a , 101% 28% 15 60% 61% 118% 119 3,400 49 *78% 6% 39% 64% 700 7% 34% •175 138 32% 32% 35% 35% 12% 13 43 < 15 *136 1,800 14% 75 8% 177 72 72% 157% 159% 40 % 413A 86% 14% 74 37 ♦50 800 ' 28% 20% 88 200 19% 8 8% 37 13 Va 64% 133 62% *131% 138 32% 36 13 62% 133 21% 21% 21% 21% 154 Va 154% 153% 154% 64 140% 61 118% 9 64'A 141 64 64'/a 140% 141% 61% 59% 60% 118% *118% 9 387/a 39% 105% 105% 8% 38 119 87/a 71 •35% 12% 62 *131% 72 72 123/4 63 119 8% 39% 38 X104 v 5,000 138 131% 593/4 119 •12% 63 132 21% 213/a 153% 154 64 64% 140% 140% 59 •136 72- 131% *21% 10 21% 153V4 63% 100 1,500 154 23,200 64 8,800 140% 140% 950 59% 59% 6,100 119 119 280 8 3A 8% 8% 13,100 38% 104 38 3/» 39% 32,300 106 39 A 106 105% 105% *82 84% 83 81 Va 81 Va 81% 81 VB 15 % *80 15 A 81 15 15% 14% 14% 14% 15 14% 15 Va 7,600 80'A 81 80 80% 80 80 78% 78% 850 40% 39/a 39% 38% 39% 38% 39% 39 393/8 23,000 37% 39/* 37% 39 % 38% 37% 37% 37% 38% 37% 39 38 3A 39 27 27% 27% .27% 27% 27% 26% 27% 26% 27% *2®., 70 A 33% 14/a 2L, 70 /a 34 15% 7% 7% 27% *106% 108 A 72% 72 ,4 33% 34% *15 15,a *7% 8 *48% 49% 43% 43 ,4 113% 113% 27 20 20% 63/4 23% 80 6% 17% 19% -c28% Shares 6% 23% 54% 17% 19% »«0 35% $ per share 7 23 * 12% 12% 65 66 *131 133 *21% 21% 154% 154% 64% 64 % 140% 140% 61 61 118% 118% 9 9 38% 41 *105% 106% 35 85 15 Va 15'A 60% 81 39% 38 . r. Sales for the Week *42 Va 19% 8% 2,900 Friday 55% 17% : 4,500 48 Va »|ar. 30 42% *78 *8% 127 47% 7 78 17% 0% j28% _ No par Archer-Daniels-Midland 4%% 50 No par 6.25 110 A 25 Corp— Common 30 8% Jan 22 5 No par 1% Anchor 28% Dec 28 common $5 prior conv preferred Anaconda Copper Mining Feb 14% 18 127 54% 20 v 20 ' <J6. ' 2% % *100 100 American Sumatra Tobacco American 32% 10% 220 42 15% No par com preferred. American ♦48% 49 44% 900 >31,800 91% *211 7% 49 78 ' 220 400 < ' 12% 82 •104 893/4 55% 20% 10% 93 7 19% 44% 24% *91% 91% 20% *24Va 55% 17% 104% *20V4 * 93 *42'/a 101% 100 6 20 7% 56 15 71 73 158% 159% *40% 41 % *136 138 32% 32% 3 May 42% 7% *100 25 10% Feb Apr *42 Yb 7% 15% 100 46% Jah 63 42% 20% No par common Mar 30 84 •56% 7% 100% Amer Smelt & Mar 28 46% Dec 55% *41% 20% *175 38 28 42 preferred .100 5 Safety Razor Seating Co No par American Ship Building Co„No par 18 21% Feb 56% 42 14% American 2 Mar 56% 44% 24 Va COO 19% ■ 14% 100% American 16 54% Nov 158 86% *10% 20% *6% 2% 21% 2 158 2V4 15% 10 25 2% 101% 59% Jan Jan % 74% 55% *85 .:•£ 2,200 *22 20% 20% 7% com 6% 14% 88 1,600 421/4 Thursday 23 19% *100% 11% Jan 150 6% *22 1 11 9 6% 23 74 *85 28% 42 Mar. 29 85 Va .100 28% 42% 520 7,100 S per shore Mar. 28 74% 15 28 Va 88% $ per share 15 No par 743/4 24% Wednesday 86% 17% 19% 743/4 PRICES 14% 17% 74 48% 86% 19% 31% 127% 20% 20 2 86% 32 3,600 111% 175 31 48 15% 32% 6,400 110"% 122 74% 32% 15,600 6% 175 <*y 14% P; 18 1% . 2% ♦48% 1,400 13 31% 124 74% 49 6% 175% 4a % SALE 107 12% 6% 122% 75% *48% 107 13 *211 15% 7% 107 20% 90% 15% 7% 2.400 212 .100 common— com No par 1613/4 May 20 76% Jan 9 20% 2% 86% 401/4 *91% 75 % com__ —1 -50 20 40 42% 93 *204 40% ' 2% No oar 23% Feb Mar. 27 $ per share 2% —_ 6 Tuesday per share No par No par American Molasses Co —1 Mol 8% • American Natural Gas Co_—No par Ntt j28% American News Co No par 35% American Power & Light—No par ?^v20 American Sugar HIGH Mar. 26 i $ 20% American Stores Co 13 AND 20% American Steel Foundries 3 Monday 125 ; 5U% .40c 15 133/a Mar 10 50 6% 19 20% Jan *6% Amer Metal Products Co———_. —2 non-cum 122% 50% ♦22% 38 3/g Feb 3 119 50% 6% 37% Jan 223/4 Feb 118 51% 23 Va 10 138 119 220 ♦208 *6% 31% Mar 28 31 208 $ per share *104 6% 87% 208 51% .100 Refg preferred 91 ♦22% 4%% preferred 1% 86% 86 % *198 10,000 28% < 241/4 *91% 7 Amer Machine & Metals No par American Metal Co Ltd com_No par American Snuff Co 241/4 93 21 110 15'/a 74 20% 25 93 ,.. 23 - Amer Rad & Std 20% 24% 93 23 1 323/4 Jan Mar 119 ♦20% 24% < 85% 86% Mar. 21 18 Feb 85% *198 *91 LOW preferred Fdry 3.90% preferred 2 70 • 21 *24% . 60% 14% 31 42 % 10 ♦58% 15% 107 28 % 42% 60% 40% ^ 28% preferred preferred 75 42% SS Co Amer Mach Sc 9 2 Jan 75% *74 28% 24 131 75% 42% Nov 60% Aug 17 136% Oct 13 75% 30% 28% 123/4 Jan , 32% 42% 35% Dec • 32 % 29% .„ 31 12 53% Dec 16 12% Feb 50% Jan 106% Jan 16% Jan 28 3 51% Mar 16 5% July 13 39% Mar 30 Jan 27% Jan 33% Jan 22% May 23 16% May 12 185 Apr 24 9% Jan 11 175% July 18 Mar 76 175% 32% *74% 76 177% 31% 32% 4,600 *53% X15 107% 28% American 105 21 25 11 non-cum 107 *42% 24% Feb 10% Jan 3 Oct ■112% 19% Mar 26 29 For 111 175% 31% 112% 177 American International Corp-No par American Investment Co of Ill1 88 3 112% 174% 111 178 7 8 Jan 111 177 112 % 31% *78 Jan 89 113 % 111% *177 7 86 4 6% 80 90 4 15 12% 6% 7 78 Feb 131/4 6% ♦77 17 9% Jan 12% 6% .100 Jan 99% Mar 13 & Electric convertible 6% 29 3 12% 6% —1 Jan 33% July 14 26 Va Jan 13 12% 6% No par 17% Jan 22 6% 24 17% Jan 18% July 13 12% 6% 6% American Ice Co common Jan 2 5 107% 12% 6% American Home Products 86 14% Jan 8 107% 13 12% 9 2 17% May 12 Mar 40% 24 8% Jan Jan 16 7 101 23 6% Jan 78 28 25% Oct 3 29% Jan Mar 29 16% Dec 9 12% July 12 61 40% 107% 40% 107% No par _No par Co -10 preferrea 51% Jan 5% Feb 14 40% ... com 49 13 . 40% Amer & 46% Jun 3 40% No par American Hawaiian 62 3/4 July 26 41 108 Saturday American Hide & Leather 146% Jan 41 108 »£>.■■. 2 30 59% 16 STOCK 9 47 % Mar 18 15% ■ft., Jan 11 17% 18% 59% 16% 20 Jan Dec 18 17% 59 % Distilling Co American Gas 17% 18% com 9 56% Mar 22 1,500 16 100 50 29 83% 18 No par Co Mar 24 29 83% 59% European Secur American Export Lines Inc_ $6 84 18 American Encaustic Tiling V 47,400 83% 16% 25 American 16 15% 59% Par 1 Jan 15V4 15% preferred series A_100 preferred series B_100 conv 500 15% 17% 1 700 15% , 53% 59 % 1 1,200 172 53Va 16% common American Cyanamid American *168 2,800 17% 53% 18 100 39 17% 172 1,200 4 •38 8.HJ0 53% 59% com—_No par 43% 4 15% preferred Co Chicle conv 4 17% 17% prior preferred 3%% *168 43% 38% 59% American Colortype Co American Crystal Sugar com 4%% 17% 2 Broadcasting Co Inc & Radio Corp American 4 ♦38 10 Corp Mar 28 8% Dec 30 83% 4 40 « 43% —50 preferred 7 18% Jun *38 16% 42 25 27 40 15% 51% Jan Jun *38 54% 55% Mar 22 38 % Jan 50 168% 45% Aug 25 128 4,300 54% 44% July 12 43% July 26 4% Jan 3 37 Va Dec 87% 167% EXCHANGE 4 74 July xl57VaApr 86% $ per share 5% Jan 14% Feb 50 87% 55 NEW 21% Jan 79% Oct 28% Dec 86% 169% 127% Mar 29 24 25% Mar 22 Aug 87% 55 2 May 19 Nov 64 14% Dec 86% 169 % Highest share 2y8 July 13 64 % Jan 3 12 % July 12 5% Jan 87% 55% Range Since Jan. 1 Highest $ per share 29 1,300 87 4 (The) STOCKS Year 1950 104 87 4 166% Range for Previous Jan 86% 4 A *54% 202% Mar 22 13% July 81% July 87% 4 166% 91% Mar 29 115% Jan Dec 87 1 com 166 54% 24 25% Dec x45 Oct 6% Nov 941/4 353/4 *163 54% 9 23 Mar 14 76% Nov 75 94V4 35% Corp No par Amer Agricultural Chemical—No par American Airlines common 1 21 23 8 25% Aug 94% 36 43% 17% 9 30% Nov 27 30 Jan 94% 36 43% 4 18 13 6 % 95 36% 7% preferred 100 American Car & Fdry com—No par 7% preferred lOO American Chain & Cable —No par Jan 49 43% 35% 17% 18 300 *94% *38 19 96 94% 185 Jan *95 Va 43% American 39% Jan 96 36% American Can 30 % Mar 28 96 400 43 American Cable 174% Mar 28 5,800 36 2 18 700 413/4 94% 5 18 30% 41% 36 7% Mar 17 ♦30 Va 42 94% 13% Mar Feb 30% 41% 96 43% 113% Mar 27 Oct 30 427/a 94% 2 Jan 30% 36 2 79 1,800 43 10 35 12,100 13,300 4 Co 38% 100 21% 17% Shoe 86 38 Va *96 Va 62V4 40 convertible 1,600 21% 4 Brake 23,000 613/a ♦17% 4% •82 38% 60 3% 62 •38 Amer 86 100 76 82 21% 17% 6 3% 82 21% 40 6% *75% 3% 82 61% 17% American Bosch 3,600 36 % preferred conv 11,100 95% : Sugar Co cum 3 22 10% 17% 3%% 76 160 3 22 3 22% 10% 17% convertible 12,200 44 % 6% Jan 190 62% 21% 450 27 3/a 10% 1 6% Amalgamated 16 Jan 61% 52 Va 131 36% 10% Jan 26 17% Jun 44'/a Feb 114 10% 27% 131 43% > Amerada Petroleum 7 19 •92 10% 21% . *51% 94% 93% Jan 5 81% May Mar 97 •82 •96% 52 27 Va 131 No par 21 27 Jun 55 % Jun 61 17% Jan conv *94 15,400 37% 99 10% 11 3% 38% *96% 10% *81% 86 38 99 10% •75% 82% •82 39% 30% 120% May 24 90% July 26 July Jan 86 38% •96% 22% 3%% 9 2 8 101 % Feb 22 13 5 30 Va July 178 Jan 16 % Jan 16 10 % Jun 78 16% Mar 22 *82 39% 100 62% Alpha Portland Cement 23 60% Feb Jun 9% Jun 86 38% *96 62% Allis-Chalmers 5 26 4o 100 24,200 3 ' 39 *96 *10% 26% 21% 4 3% ♦82 83 30% Amalgamated Leather Co Feb 4 82%, *21% Aluminium Limited Jan 3% 82% 30% 3 19 85 4 ♦82 22% 5 41 3% *81 26 26% 76 4 500 26% 52 23 *75% 30% 5% Jan 177% Feb 22% 76% *21% 100% Jan 3 23% 76% 50% *128 3% 22% 76% 82% *82 2% 22% •50 10% 27 Va 75% 31 3% Mar 15 15 3% ♦ 400 50% 25% 131 22% 76% 82% 3% 22% 29 Jan 23 3% *30% 5% Dec 17% Mar 30 23 *75 3% •50 52% 27 *128 5 Mar 13 40 3 *52 27% 131 No par Mills Jan 160% Jan 3 52% 27% *128 10% 93% Mar 15 30 3 52 27% 131 10% 84 26 52% 27% 131 10% 35 Jan 52 27% 134 63% 11 40 10 " 10% 22 161% Dec 52 27% 62% 20 2 52 *131 10% 10% Dec 40 11 l 98 Aug 16 38% 10% No par 99% Dec 36 38% 26% 100 Dye 38% Jan 100% Mar 38% 25% •39 63% & May 31 July 5 3 3,000 38% 26% 11 41 63 *21% Chemical 4% 5 27% 26% Allied Kid Co 11 27%' 10% _5 July 13 Jan 27% 27 *40 10b 63 % 37% Feb 27% 10% ww 81% July 12 100 3,200 27% 39% 26% common preferred 30 3 27% 38% 11% 28%. Stores Corp common—No par preferred 100 Allied 9 29% 27% Allen Industries Inc 9 29 Va 10% Allegheny Corp common 1 5%% preferred A ico $2.50 prior conv preferred-No par Allegheny Ludlum Steel Corp_No par Allegheny & West Ry 6% gtd 100 30% Jun 1 26% Dec 19 Nov 2 11% May 27 60% Aug 24 23% Dec 22 3 63% Nov 19 47% Dec 100 Jan 29% 26% 50 9 74 29 __1 No par 27% Feb 4%% 29% 50% w w Inc Alaska Feb 2,800 29 50% Alabama <fc 80 ; < 40% 8,200 4% 50% com 19 3% Jan 28 45% 43/4 1 Equipment Air Reduction 7 27% 44% 4% 50% Vlcksburg Ry Juneau Gold Mining 2 67% Jan 4 31 26% Mar 29 1 28 45% 4% 50% $3 preferred 121 27% 44% 4% 50% 52% Mar 27 18 29% Shares 46% 51% 11% Mar 22 47% Jan 29% $ per share 4% *50% Admiral Corp Affiliated Gas 9 29% Sales for the Week $ nershare 45% 5 41 26 , 29% 29% 46% "40 29% Feb 3 *4% Friday Mar. 30 Mar. 29 No par Adams-Mlllis Corp 22% Jan Jan 45% 4% Thursday Mar. 28 $ per Share 28 17 9 45% 4% 4% 29% Addressograph-Multigraph Corp„ 10 13% Mar 15 44 Wednesday 1 14 2 44% 4% 10 Co 56% Feb 28% Nov 21% Jan Express 44 a 2.50 39% Apr 5 89% Mar Laboratories ACF-Rrill Motors Co Acme Steel Co 50% Mar 28 20% July 13 2% Jun Abbott 29 28% Mar 22 43 $ per share PRICES Mar. 27 $ per share, SALE Tuesday Mar. 26 S per share Par 1 15 55%'Mar 2 Yt 6% Jan 33% Jan HIGH Monday Mar. 24 53% Nov 7% Julv 26 48% Dec 15 110 % Jan 4% Mar 15 AND Saturday \ 48% Mar 27 2 18 LOW STOCK EXCHANGE $ per share 2% Feb > NEW YORK Highest 19 % Jan 6 13 7- 38-ia nrT 48 % 49 43 43 A 112 A 112,2 •81 104 *81% 105 400 83 110 1,200 3,500 106% 106% *106 108 *106 108 •106 : 71% 71% 73 74 72 72 72 733/4 2,600 i33% 33% 32% 33 32% 323/4 32 3/a 33% 8,000 15% *14% ,•14% *7% 49 7% 49 *7 48 15 7% 48 *14 14V2 14% *7Va 73/a 7% 47% 47% *47iA 43 43% 42% 43% 42% 43 Va 112 112% ♦110% 112% 110% 110% 43 111% 108 14% 7% 48 • 150 100 200 1,000 43% 20,400 111% 340 The Commercial and Financial 14 Chronicle . . . Monday, April 2, 1951 (1382) RECORD STOCK YORK NEW LOW STOCKS Range for Year Previous 1950 S per 7% Jan 39% July 26 100% Mar 13 46% Jan 8 112 Mar 16 117% Feb 8 11 19% Feb 9 4 13% Feb 23% Jan 11 26% Feb 26 27% Jan 2 33% Feb 9 27% Jan 2 32% Feb 10 19% Jan 2 25 Feb 2 108% Jan 10 115 19 102% Jan 4 July 17 July 12 Mar 10 20% Sep 3 118 25 Oct 31 4 109 Oct Apr 98 152% Dec 16 103% Jan 19 Mar 30 114% Mar 30 2 41% Jan 3 50% Feb 26 150% Jan 25 177% Feb 3 109% Jan 30 115% Feb 8 111% Dec 30 21% Jun 12 27 *17% Dec 18% Jan 82 Feb 7 93% Feb 27 41 Jan 13 70% Dec 28 Jan 28 86 NOV 18 83 Jan 4 95 Nov 6 92 V* Jan 18 75% Dec 18 60% Jan 4 75 % Jan 13 98% Mar 29 105% Jan 17 Jun 27 36% Jan 24 5 : 105% Nov 27 28% Sep 5 40 Dec Feb 2 116 Dec 27 July 15 30 29 16 5% Jun 29 14% Jan 11% Jan 10 13% Jan 30 Babbitt 12% Mar 28 15 % Jan 22 Baldwin-Lima-Hamilton 20%-Feb 8 Jan 26 25% July 26 -23% Feb 19% Oct 18 17% Jan 2 Feb 10 109% Oct 5 92% Jan 30 34% Jan 13 53% Dec 15 3 18 21% Jan 10 80% Jan 10 84% Jan 2% Jan 11 1% Jan 2 33% Jan 2 2 15% Jan 25 $ per 11% 1,100 12% 12% 30,700 19 20 19% 18% 19% 85,500 38 39% 38% 38% 38 % 39% 37% 38% 37% 38% 37% 38% 13,300 100 21 21 20% 20% 20% 20% 20 20% 20 % 20% 20% 20% 1,900 50 71 preferred non-cum preferred 5% preferred Corp Creek Bell & Howell 1 5' 7% preferred 11 Bigelow-Sanford Carpet 16 7 ' STOCKS . $ per share 3c Decker 8 18% Jan 2 21% Feb 6 18 39% Jan 25 56 Feb 13 35% Dec 18 33 Jan 24 37% Mar 12 44 Y* Jan 3 Bon Jan 10 39 Jan 11 8 X24% Jan 12 12% Jan 5 16 Jan 15 13 17 Y* Oct 19 15% Mar 29 19 Jan 17 12 45 July 17 49 55 Feb 15 97% Apr 1 73% May 26 19 % Jan 8 ■ 9 5% 29% Feb 13% Dec 27 12% Jan 10 Jun 27 32% Jan 26 23% Jan 3 36 7% Mar 10 15 Y* Nov 27 13% Jan 2 20 16% Mar 147/a Mar 27 Feb 14 1 34% Mar 16 Maine & 17% July 10 101 25% Feb 11 20 28 Feb Jan 23 Y* Jan ,2 .1 12 123 Feb , 16% Jan 2 24 16% 25 84% Mar 13 20 39%. Jan Buffalo 23 Bullard 47% Feb 19 Bulova 38% Feb 24 Burlington Mills Corp common 38% Jan 2 29% Jan 10 21% Mar 29 12% July 13 3 7 13 July 12 100 Dec 1 *21 Apr 26 10 Ye Dec 24 88 Oct Mar 28 Jan 13"% Jan 27 Oct - 84 10% 'Jan 123% Jan 25 15 2 19 29 Jan 31 4% 26 3 % % 18 Feb 29 Mar 9 28 83% Jan 13 88 8% Dec 27 5 24% Jan 22% Jan 105% 24 Oct 27 101% Jan 5 24 Jan 8 3 13 9 Butte 3 109 Mar 28 ■31% Mar 7 5 58% Dec 19 56 V2 Jan 30 3% Dec 29 3 % Jan 25 5% Feb 10 8% Jan 2 10% Jan 9 28 8% Dec 28 27 26% Dec 21 12 Yb Feb 24 8% July 13 04 July 14 106 * Feb j 25 Mar 15 11% Jan 28 100 Jan 66 Mar 7 29% Jan 10 5 13% Jan 5 108% Mar 19 6 , & Callahan Packing Corp Zinc-Lead 9 41% Jan 2 21 % Dec 11 15% Jan 4 13% Mar 30 22% Dec 20 21% Jan 2 29% Feb 13 43% Apr 3 60 Dec 20 52 y4 Mar 30 61 Feb 16 14% July 13 19 Dec 12 17% Jan 22% Feb 5 62 57% May 15 54 Jan 18 55% Mar 7 14% Dec 12% Jan 10 17% Mar 22 19% Feb Carey (Philip) 14 14 13 ^July26 28 20% May For footnotes see page 1 24. 16 Jan 2 40% 41 *50% 51 52 48 Feb 19% Feb 14 13 23 12% 12% 12% 12% 50 50 *102% 103 *50 102% 103 22 22 22 22% 21% 21% •21 '21% 21% 124% *123% 124 17% 16% 17 17 85 85% *85% 86% *85 12% 50 8674 *32% 20% 21 26 V* 40 *21% 21% 1,100 20% 20% 20% 6,700 123% 123% 17% 1 1 JO 86 40 39% 40 40 27%" 27% 27% 27% 42% 41% 41% 41 21% 22 % 21% 951/2 95% ♦94% *87 90 13% *87 '.BY* ■* . 26% *106 % *123 v f 130 V 129% - 13% 13% -13% 13% 88 - *107 8 8% 8 26% 26% 26% 108 *86 88 *87 8% 27, 108 16% 13% 13 74 13% 13% 130 *87 16% 16% 16% 108 .. 17% 13% 60% 17 18% 18% 61% 3% 9% : 16 29% 29% 29% 3% 9% 26 26 A 12% 12% 104'A 104% *44 45 13% , 29 61% 3% 9% 26 A 105 *44 16% 8% 27'A . 94 •; 29% 62 3% 9% 26/2 ,12 ^ 105 45 94 *85 13% 7% 7% .26% • 28% 61 3% 8% 26 29% 61% 3% 9% 26 4 *18 18 /4 17,2 24% 53% 19% -54% 16% 18% 25% 53% 19Yb 54% 17 18% 23% 53'A 19Yb *54 15% 18% ; 126% 17% 24% 53% 19Yb 55 16% 18% 16% 13 13 127% 13% y 13 % 7% 26 8 ' •*.- 16% 21,600 13 1,600 80 128% 13% 13% *85 ... 7% 26 26% 109 108% 5,200-; 37 8 V' 4,700 26% 1,900 160 f 109 2o% 28% 28% 28% 61% 62% 63 3¥a 3% 8¥a ,9 90 90 *126% .: 87 '103% 109 104 A 105 *43% 45 13 16% *85 26% 18 54% 15% 18% 15,600 90 88 24% 54 19% 54% 16% 18% > 700 21% 95 16% 128% 13% 109 . 21% *85 13% *13 ♦86 88 1 *93% 17 24% 54 *19 3.700 90 18 - 800 27% 94 * 94 128% 130 108 ' ♦87 90 ' 29% 40% 41% 21% 40% 7,300 96 90 300 27% 41 22% *39% 15,500 *40% 27% 42% 96 40 16% 86 27% *87 124 16% 867/a *85% 33% *13% *123 17 16% 86% 40 ■=■94% 300 21% 27% 42 3,800 50 102% 40 32% 100 *100% 26% 42 *128 50 51 40 34 2,800 ;•■'■ 102% 27 - 10 42% 52 12% .12%- 12% 12% 3,300 *100% 41 42% 16% *50 400 31% 20% '• 123 16% *85 42 41% 33% 101 % 21% 22 123 31% *99 52 *50 102% '101 21% 17i/4 33% 40% 12% 21% 9,100 3,700 *50 50 123% 15 33% 31% 12% 17 . 15 33% 101 % 50% 540 : 15% 31 50% 31 33% 33 41 1,200 33% *99 50% V 2,100 14% * 33 40% 123 - 10,100 31% 52 22 700 14 % 101 % 41i/4 102% 27% 22 *40 , Mfg Co ,41 *50% 50% No par - Capital Airlines Inc_ Sep 8% Jan *101% 41Y* 61 61 3% 3% Calumet & Hecla Cons Copper 5 ; 9% 9% Campbell W & C Foundry No par 26Y* 26% Canada Dry Ginger Ale com__1.66% ' 12% 12% $4.25 conv preferred ' No par i *104% 106 Canada Southern Ry Co 100 < *44 45 Canadian Breweries Ltd. No par *18% 18% Canadian Pacific Ry—J 25 24% 25% Cannon Mills No par ; *54% 56'% Capital Admin class A common 1 19% 19% $3 preferred A 10 *54% 55 C-^nfornia 43% Oct 2 103% 103% 33% Zinc 5 Jan 331% *123% preferred Copper 15% Nov 30 40 *32% . 15% 48% 30% 33% • 15% 31 33 % 33 4,500 .; *26% 30% 15%: 31% V ; *47% 31% '100 68%, 98 15% 14 33% v W 3.100/ 47% 14% 14% 31% 67% *95% 14 33% 101% 48% 7,100: 2.300 10% ' 14% 33% 33% 31% 760 ; "... 15% . .15% 101% - 13/ • 49i; - 28 15% 31% 2,500 W1 650 y 47% 157/a 47% ; 24,900 V;V 16% 15% '10% l.ioo; 27% / 27% 15% 47% *27% 33% 22% t Byers Co ( A ;M) common 4%% ; 98 14% 42 % —100 , 5 No par 7% participating preferred—.100 Byron Jackson Co No par Feb 8 Feb common 68 33% *102% preferred—100 »' I 15 9% Jan 1% Feb 4 Bros 67% *95%. 98 14% 12% *uu 28% Mar 34% Feb 17% Jun Butler •68% *95 33V4 *50 { 100 7% ; 28 V 15 5 / preferred i6 48% 50 31% * ; preferred Bush Term Bldg 9 15% Feb Jan Inc V; 49% . 1474 *50% : Burroughs Adding Machine__No par Bush Terminal J 5 14% Jan 132 10 2 Co 98 > 39%' *12%y 11 49% 67% 69 Viiyy .11 34 *39 v 39 V ,, " 5,000''■ •'• - ' 31% 33% :'34V 12%*' 12% .15% ;; 15% - 14% 22% Mar 27 87% Feb 100 12% Jan 7% Mar 15 Watch y i6:: 31% 41 No par Co 13 15% 14% *102 No par 1 preferred Forge Co. 19 12% 31 % 31 v ' 34 T 13% 31% 48%. • 48% u 16%/ 31% ■., 47% ' v. 14% ;v 19 39 31% 31 No par 30% Feb 21 15% May $5 ■* 27% 19 33% 49% *48% ;y 27% 19% ...» 39% - 49% 16 16 48% 14% 34% - 10% 68% 17% 14% 4R% 34 16% 14% 39 34% 39%' 11% *95 :. 1,000 5,300 17% 19 U 14 *32% __5 100 common common An % ■ 14% 1 45% Jan 30% Dec 28 94 (The) Co 98 *27 19 11 : 68% 16 /. 27% 33 % 40 2 38% Oct 25 Erie, Co preferred 7% 19 " 31% a common.,—15 Mar 14 26 92 % July Inc Co 14% 19 13 34 14% 14 Np par Budd 2 91% Jan preferred conv V 157/4 Shares 34 33% .17 17% 15 *'■ lb% . 49% 47% 16% 48% 27% No par ; 68% *95 98 48 ■: 39 ' 13 . ' issued"..100 'preferred.—T Bucyrus 26 18% Jan Oct $3.60 ' , /•" RR— Bigelow——— Shoe 16% the Week • " 1-3%-' 69% .1 6 23%' Mar cum ~ Sales for .. Mar. 30 $ per share 33% 33% 33% 34% Friday Mar. 29 $ per share " 34% "7 1 39% 69 Brunswick-Balke-Collender 29 125% Feb 97% Oct 100% Aug 17 • 6 30% Dec 18 18 5% 1 103% Mar 6 20 Ve Mar 29 Jun 18% Jun Brown •- *95 100 ?'• No par Brpwn 39 39 .are AO%, • 34%; 5 100 3%% preferred ^1 Brooklyn Union Gas com 2 49% 34 % 19,«- "- 4,400 17 Thursday ay $ per share 17%/ 15: -v 15%: 50 17 16 34% 49% 105% Jan 16 47% 50 101% Mar 27 Jan 19% 19% 50 "when issued". 100 Bower Roller Bearing Co 5 Braniff Airways Inc —2.50 Erewing Corp of America 15 Bridgeport Brass Co No par Briggs Manufacturing Corp..No par Briggs & Stratton *. No par 13% Feb 15% 4 47 ;v ne« Mar. 28 17.1/4- ' 11% 2.50 56 15% *19% 11 preferred 53% Feb 15% 11 Bristol-Myers Co common 9 17% 11 17 2 17% 16 34% Mar Mar 13 17% •12% 35% Jan 11% Jan V . 1,300 32% 32 SALE PRICES HIGH Mar. 27 34 1,600 32,400 36% 149% ♦15 17 1,300 53% 53 149% 32% ♦15 17 100 19,100 29 36% 53% 150 32% 33% 32% *15 15% 33% 34 16% 3 50% Mar AND $ 34 13% 2 49 33% Mar. 26 'VVV 16% 29% Jan 14 33 *15% 17 52% 149% ,3,800 ... V 1% ■29 36% 36% 54% 150 150 82 1% 1% 29 10,200 51% 25% *81 82 28% 37 52% 54% 25% 1% 29 50% 25% 51% 25% 1% *36% 37% 150% 33 % 33 *15 *12% l 50% *81 1,700 ;v 500 97 V •92 97 *92 83 28% 29 150 151 * 151 46% 30% Jan 24 28% ■34% 27% Jan 14% Oct 24 97 97 : 1 37 53% 54 •19% 19 42% Mar 30 *92 ; 28% 15% 12 26 20%, "37% 34 31% Dec 28 38% Feb 23% 20% 1% $ per niiare 29 % May 18 23 20% *80% 33% 36 Y* Jun 44% May 17 23% 20% 1% 33% 25% July 14 9 18% 23% 82% 149% 2,400 18% 23% 20 1% /149% 3,500 20 *80% 53% 18 18 23% 1% 37 60 32 18% 257/a 28% 1,700 33% 31% 18% 60 11 , 20% 5174 y V 19 25% 7 39 87 ■ 1,300 23% 50% 54% No par 87 32% 25% 37% . 87 32 52% 29% / 7,000 187/a 52% /:/• 1% 17 160 29% 32% 11 52 53% *15% 34% 105% 29% 87 89 .25% 29% No par common "when new 1% 34% 105% 29% '105% ' 253/a .25% 82% *80% 51% 37% 27% July 13 2 *92 97 34% 106% 34% 30 *87 10 29 35 106% '31% *92 / 23 Y* Mar 24 3% Jan 3,100 32% 97 5 (The; Common 53% Feb 9 14 69% Mar 4,800 11% 39 11 *20 Inc...1.25 Club Borg-Warner; Corp 3 % % preferred Co 8 7% Feb *17 21% HV2 *38 23% 18% 15 Book-of-the-Month 103% Jan '5 Nov 21% 11% 39 *32 24 > 9 71% Mar 2 Mar 20 96 ; i Borden 24% Jan 15% 21% 11% *38 33% ,19% 1% No par A class Co 4 23 8% July 12 21% 11% 11% 19 % ? Stores 31 60 % Jan 27 Ami Jan 257/a Oct 127 21% 11% a' Brass & Jan 9 Mar 31 38 21% 11 18'% No par Co 12 22% Dec 8 20% 38 33% 23% *92 1 2.50 5 Class B Bond Boston 108% July 12 20% 11% .. Laughlin Inc Aluminum 52 15% Mar 28 3 2,300 32 ' 32% LOW ' Co.— 12 Jan 45 % Jan July 20% 34 18% Mar. 24 „ Mar 30 9 16 & Bohn 29 82% Jan 20% p-* Mfg Coa. Boeing Airplane Dec 7 ' Co (E W) Bliss 11% Dec 91 20% *33 20% ■;7'V-'•■77':' Pur 7"' ,;■ 18% Dec 4l¥a Dec > 1,000 20% 11% 23% NEW YORK STOCK 7 EXCHANGE , 3 3 66 34 18% 100 No par No par Birmingham Electric Co 1 4 17% Mar 30 65% 11% 23% — 22% Jan 31% July 66 34 *19% 81 ♦ ■"' 11% 31% 32% 32% 8-1 13% Jan 40 66 89 *87 35% *34 35% * 88 11% 11% 11% 30% 30% 30% *86'/a 88 •34 pfd $3.25 ser of 1946_No par Benguet Consol Mining Co„18 pesos Best & Co.— * 1 Best Foods : —1 Bethlehem Steel (Del) com—No par 22% Mar 25 9% Dec ' Cum Bliss 4 66 11% 11% 25% 16 3 117 s 52% 17% Jan 27 65% 21% 21% 31% 31% 25% 14% Mar 28 Jun 70 39 *37% 22 11% 52% 28 17 39 11% ;—5 157/8 Dec 51 ¥a Nov * Aviation 27 20 Co common preferred 4%% 11% Jun 34% Jan 21 22 50 70 r/0 21% 21 20% 22% *68% *68% 67 % *37% 39 Beneficial Indus Loan common—10 Bendix Blaw-Knox 74% Jan *65 *86 i-lO 1 —1 .10 100 Co. Belding-Heminway Aircraft Corp 29 * 67 11% 50 RR. Bell 12 21% Dec 66% 70 71 "70 21% 21% 1 Packing Jan 126 71 22 pfd——100 4%% S) (A Beech-Nut Highest share Shoe 20% Jan 3 71 67 *37 % —No par Cigars, Inc.. 71 *65 —50 —1 1 Works Iron Beech 30 16% Feb 800 • 11% 40 26 49% 12% 16% Mar 28 12% Jan 49% 40,900 8 V4 49% 8 19 33% Mar 27 15% July 17 8% *49% 8% 49% 11% 27 121% Jun 8% 49% 8 8'A 50% 18% 34% Oct 24 18% July 14 8% *49% 12 V* 19% Dec - 8% 49 % 11% 27 104 8% 49% ,800 : 19% 26 16 8% 50% 8% *49 3,800 , 11% 13% Jun Feb 12% 12% 25 y2 Apr 100 12% 18% Black Jun 12 ¥4 11% 8 34% Mar Lowest Nov 12 ¥. 12% Range Since Jan. 1 $ per share 53 12% 19% -V Highest 58 12% —— — 97/a 13% 12% 30 155% Feb 2 26%Jan 9 , 2 97/a *12% 11% 6 Jan 60 149 % Jan Nov 28 17% Jun 22 26 9% 12% 19% 9 37% Feb; 22 48% Jan 28 /V Range for Previous Year 1950 July 12 9% 12% 12% 10 32% Feb 28% Mar 26 21 31 % Oct 39% May 26 48% Sep 9% 12% 11% 9 1% Jan 31% Apr 30% Jan 10 9 % 12% 6 26% Mar 25 Ys July 14 36% Mar '9% 11% 8 94% Mar 59% Feb 50% Mar 30 26% May 3 90 > Feb 23 '• 9% 19% Corp Beech Aircraft Corp Feb 23% Feb 17. 9% 12% Beck 9 30% Jan *16 Yb 9% 12% _ 3%% 21 19% Mar 4 Mar 30 17 i *16% " 1,100 11% Bayuk 17 Mar 14 35 4 105% Jan 9 -17 50 200 8% *8% 11% 4% % 33% Jan 12% Jan Apr 20 31% July 13 8% *16% 9 9 S-% 30% 30 1,400 30% 9% 34% 87 36 ¥a 112% *28 30% *28 30% 750 13 Bath 9 13% Jan 5,100 *35¥a 113 *111 Yb 113 28% 3 99 25% 112% 35 ¥4 35% 35% 35% 17 *16 17 98% 2ova 2t>-/8 9% 9% 9% *9 *16 12,tUO 6b 00 99% 72 *28 29 29 29 98% to ~/4 *111% 113 *111% 111% 29 36% *35% 36 35 ¥4 111% -/3 106% 23 100 to 997 s 2K 78 100% ■■,* bO 997/a 67'% 99% 2o % % 66% 34% 17% Jan 20 66% 67 V* 100 100 97 *95% 97 bo 6b 107% 5 Dec *95% •95% 95% 95% *34% 12 102 97 *90 "106% 23 8 % Dec 100 34% 18% Oct 12 % July *87 107% 28 % Dec 60 *86 34% 34'% Jan 39 5,000 91% *106% 1 t per share 70 34% 3 Lowest 69 91% 68% 100 107% 13% Jan 3 68% 34% 12% Feb 9% Jan 69% *106% 33 % Jan 30 % Nov 1,900 68 12.50 30% Jan 31 156 20% 20% convertible preferred—100 Beaunit Mills Inc common 2.50 6 21 20% 20 % Beatrice Foods Co common 32% Feb July 13 *110% 20% 8 12 23 110% 20% 8 29% Jan 139% Jan 158% 110% Mar 37% Feb 1,000 156% 110% 20 '/a 9% 5,600 111 159 101% 17 1613% 160 156 20 74 29% 230 1,000 49 110% 67 36% 40 114% 49 159% 100% 111% *36 113% 49 110% 98% % 20 113% 159 95 102 113% *47% 48 310% *90 67 66% *101 115 111% *95% 97% *95'A 115 158 156% *110% 100 *90 48% 113% Mar 10% Mar 13 49% 'Dec 48% 38 79% Jan •; 113% 48% » 115 *114% 100 Barber Oil Corp (Delaware)—r_10 Barker Brothers common 10 3 28% Mar 28 20 13 113% 49 49 300 6,500 20% 20% 203% ' 115 113% 12% 31 12% Jan 18 26 *114% 107 21 Jun 113% 20% 21 20% 114 113% *113% 49 49 21 113% 20% 3 90% Oct 1 V 114 113% 20% 114 2 29 14 29% 29% 20% 2 13% Dec Dec 30 21% Jan 3 79 *29% 30 % 10% Jan 102 May 11 34% Dec 20 Y* July 27 293/4 *29% 11% Convertible 15 28% Jan 7 *85 29% 293/4 31% Jan 9 34% May 17 July 13 Jan 43 % Jan Jan 28 29% 29% 1 13 100 4% 30 73 ;■* 37 Jan 2 21% Mar 28 7% Feb 74 29% 30% . T). Inc. (B Bangor & Aroostook common 74% Jan 68% Jan 10 59 Jan 2 17%-Jan 2 74% Aug 17 61% Dec 28 9 •: No par preferred conv Baltimore & Onio common 11 Feb 293/4 *29% 113% r $2.25 16 15Y* Mar 25 *29% 30% 9 1 10 98 600 2,810 25% *16 8 17 * 11% 25'% 30% *113 5c Automatic Canteen Co of Amer—5 Avco Mfg Corp (The) common.—_3 11 45% Feb 13% Jan 11% 25% 25 % common..—No par Co..'. 8% Mar 27% Jan 108 11% 25% 29% prior pref ($1.20)——No par Nichols Conv 51% Mar 24% Jan 29 11% *25 % 25% *29 13% Jan Mar 28 30 11% 25% 29% Tack Corp 3 10 18% Mar 28 9% Jun 11% 29% 111% Autocar 300 L300 11% *25% 20% 20 100 T—No par (voting) 10 20 29% Jun 11% 29% convertible pfd ser A Jan 37% Mar 29 14% Jan 19 *18% 12 380 19 *18% 19 *18% 25% 5 7% Jan 12 % Jan 28 39 19 18% 25% *29% No par RR Corp 4% 19 11% Jan Mar 15 28 19 3 19 '*11% 19 12% 18% 1,960 116% 25 I SS Common 10 Dec 15% July 12 V 7,600 97 29% non-cum Atlas 15 16% Jan 26 40 357/a Dec 116% 116% 93 Line Coast G & W Austin 10% Jan Feb 20 V* Dec 12 39 Y* July 13 116% *115% 70% Atlas 29 Apr 116 116 70% 11 27 63 llo% 20% Jan 3 Oct 114 114 70 31 Jun 28 *96 % 20% 29 Jan 47 15% Jan 23 3 96% 20% 3 3 177/e Jun 17% Feb 96 70% B 9 97% 69% Jan 9 18 15 'A Aug 96 97% 20% 119 18 53'% Apr 10Y* Dec 26 9% July 5 96% 71 5% 8% Mar 28 12 9% Apr 4 37% Jan 98 . 20% 5 16 28 3 5% Jan 56% 20% 41% Jan 11% Dec 20 io % July 11 56% 158 28% Feb 9% Nov 17 6% Jun 14% Jun Feb 88 56% 110% 2 28 13 31% Dec 7 88% 56 Atlas Powder— 27 105 87% 567/8 157% 35% Mar 28 110 Mar 15 25% Jan 257/B NOV 24 " 22% July 13 90 56 98 19 Lines common—1 preferred 100 Atlantic Refining common 25 Preferred $3:75 series B .100 Atl Mar 10 88 5674 110% preferred City Electric Co non-cum Atlantic Mar 28 89% 56% 56 *11% 2,200 89% 56 V* 114 114 45,400 89% MOO 10 5% Atlantic 97 pai par 11% 89 V 55% *97 Shades 11 11% 88 98 55% pai Carpet Co Inc 21% Mar 19 2 68 86 89 ' Sales for the Week $ per share 11 11% 107a 11% 11% 11% 11% Topeka & Santa Fe com—100 Atch 68 99% Jan 89 Corp Constable Artloom 11 59% Mar 12 39 V* July 11% 5 No'par Arvin Industries Inc. 2.50 Ashland Oil & Refining Co com_—1 $1.20 cum conv preferred—No par Associated Dry Goods common 1 6% 1st preferred 100 7% 2hd preferred 100 Associates Investment Cj _10 16 9 24 11% par conv Arnold 18% Jan 10 Ve Jan 21 100% Jan 56% Mar 27 19% Dec 27 28 27% Oct 19 28% Oct 23 $ per 5 Friday Mar. 29 $ nrtr share s>fire t --<r Mar. 30 Thursday nesuay Mar. 28 Mar. 27 $ ner share $ per share shore Pur , Illinois com Co of & prior preferred No Armstrong Cork Co com No $3.75 preferred No $4 convertible preferred—No $6 5 12% Jan Mar 3 Jan 28% Sep 15 12 104 July 13 104 Jan 92 Mar 28 8% July 13 21 2 96 18 14% Apr 20 Jan 9 86 117% Jun 107% July 31 ,•'• Armour 12% Jan 2 53 Aug 10 105% Nov 17 Nov 91 13 Jan 69 v..', •'"■ share ' 10% Feb 28 11% Dec 13 $ per share $ per share $ per share Vve Tuesuay Mar. 2.1 ' PRICES SALE HIGH AND Monday Mar. 2W EXCHANGE Highest Lowest Highest Lowest STOCK YORK NEW Jan. 1 Range Since Saturday 2,500 63% 3,100 3% 3% 13.900 9 9% 1,600 25% 2 5 ¥4 25% 25%. 1.500 12 ¥a 12% 12% 12% 8,000 105 *105 106 **44 45 *44 45 18 18 18 18 24 ¥a 24 ¥4 24% 24% 52% 52% 52% 52% *18¥a 19% *18% 19% *54 55 *54 55 105 ' 280 400 62,600 800 . 500 90 16% 16% 16% 16% 23,100 18/4 18% 18% 18'% 4,300 Volume 173 Number 4999 ... The Commercial and Financial Chronicle (1383) NEW Range for Previous Lowest 102 Jan 11 3 30% Jan 29 46"% Mar 30 21% May 20 19 18% Jan 39% May 18 10% Jun 32 y8 Jan 27 22 May 55 103% Dec 106 29% Mar 21 Dec 40% Mar 11 2 10 9 32% 49% *47i/4 "110 22% 221/4 39% 155 Mar 28 3 Feb Co 19 Corp : 1 108 141 Jan 2 21 10 14% Jan 2 18% Mar 15% July 14 17% Apr 18 20% Aug 29 11% Apr 6 15"% Jan 3 17% Mar 22 18% Jan 2 20 % Feb 8% Jan 2 10% Jan 18 17 % Dec 26 16% Jan 25 24V4 Feb 23 Central 39% Dec 26 39 % Jan 57% Feb 23 15 Jan 3 7% July 17 4 Jan 15 Jan 3 3 8% July 13 30 38% Feb 106% Jan 103% Mar 15 1 140 Aug 18 Jan 10% Mar 29 July 13 110% Feb Dec 9 31 149% Mar 24 3 100 5 13 3 4 35% Feb 5% 112% Feb 15 9 113 Feb 27 107% Mar 26 8% July 17 27 Dec 20 22% Mar 28 29 Mar 2 9% Jun 27 26% Dec 20 22 % Mar 28 28% Mar 2 13% Jan 15% Mar 9 12 July 27 12% Jan 16% Mar 3 1 24 21 2 2 24% Mar 8% Jan 2 11% Jan 17% Mar 30 34% Dec 28 33 % Jan 25 11% July 26 18% Apr 29 14% Jan 2 Jan 10 45% Jan Sep 12 9% Oct 20 6% July 14 Jan 6% Dec Central 1 18 39% Mar Cerro 17% Feb 2 7% Mar 29 9% Jan 16 $4.50 preferred Checker Cab Mfg 1 32% Oct 24 25 July 5 35% Dec 28 76 29 Jan 35 2 Jan 19 32% Mar 28 38% Feb Jun 30 90% Dec 28 85 Jan 25 90% Jan 15 17 Dec 29 16% Jan 6 23% Feb 24 9% Jan 3 21% Dec 18 10% July 12 11% Jan 13 32% Dec 37% Dec 14 15 Ve Apr 10 25 27 12% Jan 11 19% Jan 21% Jan 9 17 8 Feb 13 Feb 9 24"% Mar 29 33% Jan 9 33% Mar 24 38% Feb Class 2 5% 4 16% Dec 3 Jan 5 7% Jan 13 ; 14% Mar 28 19 Jan 16 14% Feb 5 10% Dec - 27"% Mar 30 11 21 30 10 Jan 10 23% Dec 28 22% Jan 5 51% Dec 27 Jan 3 22% Dec 28 27% Jan 3 44% Dec 11 26 30 43% Mar 28 21 Jan Class Chic 59% Feb 10 30 43 53% Jan 17 62% Dec 28 53 % Dec 20 36% Jun 27 77 Dec 52% Feb 38% Mar 28 59 Jan 25 88% Mar 17 87% Jan 3 19 12 Jan 2 13 13% Jan 4 19 Sep 11 17 Mar 1 3 % Feb 14 7% Jun 22 45% Jan 3 86% Dec 22 83 Jan t 29% Juiyl9 44 Dec 19 84% Oct 62% July 13 9 16 8% Feb 8 Feb 8 Chicago Year 1950 Lowest $ per share Feb 1 50 68% Jan 2 80 % Mar - Jan • Feb 13 1 34% Feb 109% Mar 3 24 ■ 41% Dec 15 36 % Dec 24 31% Jan 104 Jan - 4 29 ;y • 3 • Jan 8% 3 9 Nov"20 3 GIT Financial Corp Cities Service Co_L._. 34 20% Jun 11% Jan Mar 11 Jun 1 Mar 30 .72 40% 29% Jan 16 32% Mar 18% Jan 23 Dec~29 150 , Sep 18 21 % Jan Nov 39 18 • Jan Feb - 15 14 155 5 88% Feb 13 Feb 21 " 38% July 26 X108 Sep 6 23% July 13 s 62% Jan •37 Jan ;i2% Jan 47% May 112% Mar 31% Dec 42% Tan 8 4 109 16 30% Jan 29 46% Feb 4 Jan 26 111 ; 5 Jan 5 36% Mar 27 112% Mar 16 106 92 Dec 32 28 165 Jan 3 18 37% July 17 1004 Oct Mar 2 109% Jan 6 3% Mar 24 5 34% Dec 26 7 \ Mar 28 , 133 88 Mar Jan 8 19 50% Nov 24 46% Jan 101% May 22 16 Jan 94 % Jan 3 12 Jan 55% Feb'lO 91 6 100 % Feb 5 19 10 Mar 27 Mar 28 23"% Jan 29 26% Feb 3 19% Jan 2 32% Feb 24% NOV 24 24 Jan 37% Dec 21 36 Jan 61 Mar 19 41% Dec 21 37% Jan 56 Feb 13 38% Dec 21 35 % Jan 54% Mar 17 25% July 11 40% Oct 11 28% Jan 25 40 11 27% Mar 13 11 July 26 10% Dec 8 14% Apr 14"% Oct 13 12 July 11 72% Oct 24 30% Jun 29 43% Dec 28 3 31% Jan 39% Mar 29 13 12% Jan 27 5 4% . cum 2nd .• 19'% Jan 2 22% Mar 10 2 45% Jan 29 1 45% Jan 8 15% July 5 26% Dec 12 18 22% Jan: 8 5% ,, 33% Mar 16 8% July 18 20% July 12 30% Feb 41 27% Jan 6 3 15 30 2 11% Feb Jan 9 conv _15 Jun 27 10% July 13 9% Mar 8 ,10% Jan 25 28 Dec 7 109 Dec 7 108 Sep 15 19 ■ . non-cum 4% non-cum 51 11 23 Mar 30 15 Jan 17% Sep 22 Dec 18 36 Mar 16 Feb 15 15 15% 5,200 11 11% 11% 113/a 4,600 95,200 , 24% 22% 233% 23% 233/a 451/4 433/4 441/2 44% 44% 14,300 22% 23 23 23% 23% 45% 23% 46 45 21,900 45% 453/4 463/8 441/2 451% 44% ' 451/4 451/4 45% 41% 403/4 8,400 403/4 40% 40% 383/4 39% 393/4 393/4 64 60% 60% 2,000 *59% 63% 59% *59% 54% 521% 53 52% 53% 51% 59% 523/4 92 91 91 92 92 92% 92% *91 : *12% * 123/4 17% 17% 87 46 6% 87 87 97 *43 45 *43 ; 39 78% 77% 77% 51% ♦59% 523/4 52 91 12% 173/a 6% 86% 873/4 *86% 87 *86% 44 *42 44 *42 V 45 . *42 78% HIGH Tuesday Mar. 26 35 35 1053/4 12% *12% 12% 171% *171/4 17% 200 6% 6% 61/4 6 3/8 10,800 Thursday 34% 343/i 35 105% *92 323/8 33 33 331/4 51% 50% 51% 50 3/s 50% 50% 503/4 9% 87% 84 % 863/4 93/8 93/8 y; *89 30% 31 *9% 94 *89 303/4 *19% 105% .105% 30 193/4 ( . 84% 9% 19 % 20% 25% 19% 94 94% 39 * 170 *150 92% 170 *150 *87% .I 92% 45% 45% 46 19% 73% V 107% 107% 4% 45% , 4 135% *88 117% 19% 20% 20% 21% 19% 20% 253/4 25% 25% 52 52 52% 31% 31 31% 30%. 29% 30 Ya 13% 40 % 107% . 323/4 *107, 4% . 4 32% 32 45% 60 14,500 : 33 2,800 107% 240 4- 11,100 3,900 32% 135% 135% 135% 88 10 88% 88% 200 118% 1183/4 119% 2,200 2,900 *880 51% 51% 51% 51% *91% 92% 91% 91% 19 19% 19 19% 2,400 20% 203/4 20% 20% 20.400 25 25% 25 25% 3,200 55 3/s 56 55 52% 52% 180 56 56 53% 50% 51 51 51 30% 30% 30% 30% 30% 30% 3,300 30 30% 30y8 29% 30% 13% 1,600 30,400 i*29% *521/4 • *50 13% 40% 13% 13% 12% 67% '12% *12% 12% 12 % 67% *64% 67% *641% 40 40 393/, 13% 13 % 40 55-3/8 360 521/4 590 51 *64'A 13 40% 403/4 30% 33 52% , 133/4 *12% *64% ' *44% 29% 45% 301/4 *880 19 563/4 20 88 193/a 26% 73% 118 19% 55 80 *72% *134% 513% 253/4 7,500 733% 323/4 92 54 ' 433/4 3,200 90 51% 563/4 92 35% 4% 135% 92 57 43%' 35% 32 ♦880 55 *87% 35% 119 51% 253/4 170 ' 92% 56% 500 1,100 ; 109% 1073/4 91 *54% 1,000 39% 109% 29% 107 51% 55 19% 94 110% 110% *44% . 1 4% *88 2,700 39% *157 - 900 30 93% 92 45% 15,500 *72% 441/4 51 30 *19% 170 * 863/a 35% f 94 19% 57 13% *12% *64-% 41 42% 32% *134% 90 118 *87% • 4 *880 — 92% 32 135% i 117% '• *157 45% 107 32 3/4 *134% 893/4 118 . r 4 32%: 170 *92 193/a 31 19% 40 5,700 94 293/4 941/4 '39% 45% 107% *44 32% 29% ■ 94 39 *87% 33% 31 30 4.700 / ;; 9% *89 , 30 52% 430 *9% 94 29% 19% 96 33% 52 105 84% 91/4 *89 30% 20% / 105 85% 9% 94 39% 94% •39% 29% 51 4,500 33 44% *900 , Shares 35% 32% 323% *88 35 105% 293/4 117% Sales for the Week $ per share 32% 323/4 *134% *88 1173/8 *900 51% Friday Mar. 30 Mar. 29 $ per share 34% • 23,900 1053/4 *107% *134% 77% 86% ;i. 94 37/e 77% PRICES 50% 86% 32% 77% 100 44 32% 51V 86% 76% 230 193/a * 33 * 78% 200 87 $ per share 35% *105% 1,200 121/4 Mar. 28 $ per share 13,200 *17% -•• Wednesday Mar. 27 $ per share 105% 763/8 SALE 200 523/4 91 6% 97 63 913/4 *12% 77% Monday share ,3% I 63 193/a ' 33 ; "v . 393/4 *17% 63/4 44% 5 21% 21% 22% 22 22 21% 21% 44 43% 44 43 44 43 44. 51% > Commercial Credit —No par Co 10 - No par Edison Co 51% 23% 523/4 53 54% 52% 23% 24 24% 233% 29% 29% X29 29% 29 10 % 10% 23% 29% 25 Nast $5 preferred Pwr 210 12 % 1,000 671/2 40 40 2,300 : 21% 213% 4,900 42% 43 21% 213% 42% 42% 533/4 52% 53 521/4; 52% 24% 23% 23% 23% 24% 29% 29% 293% 28% 29% 15,400 14,400 10% 10% 2,000 . y 3,700 8,700 10% 10% 26% 26% 26% 26 % 25 26 25% 10% 25% *25% 26 30% 30% *30% 30% 30% 30% *30% 30% *30 % 30% 8% 8% 8% 9% 83/4 91/8 8% 30% 31% 30% 30% 301/4 30% 30% 30% 30% 30% ♦108% IO81/2 1083/8 108% 1083/e 1083% 1081/4 108 J/2 1,100 25% 253% 25% 25% 5,600 108 108 10% , • 108 10 3/8 • 9 10% 8 3/4 2,400 400 9 25,800 38,700 Co No par 26 26% 26%' 26 100 series B series C 26 *110% *110% 112% *110% 112% 100 common 4%% Preferred 4% 5 No par — Baltimore 10% 26%; *30% 8-% 31 No par 3 Consolidated 1 Consolidated Laundries Corp. Consolidated Natural Gas ■ Mar 30 34% Mar 21 16 Feb 18 5 Cor'p Grocers *102 *102 103 *102 103 Consol RR of Cuba 6% Consolidated Retail Consolidated Textile Consolidated Vultee 5 15 Inc Feb 3 26 8 113% Mar 2 $4.50 preferred'——!——No Jan 11 $4.52 preferred 2 39% Feb 15 Container Mar 29 106% Jan 16 107 Mar 32% Jan 102 8 24 17 Jan 2 Jan 24 93% Jan 11 41% Jun 23 32% Jan 2 107% July 19 13% Dec 30 97% Mar 28 12% Jan 28 10 64% Feb 11 1 ^ 110 21 % Mar 98 Feb 5 26 37% Mar 21 106 Jan 16% Feb 78 9 .100 Continental Baking Co com..No par $5.50 preferred .1 ! .No par 19% 96% Continental Can 20 37 No par *99 4% Corp of Amer preferred $3.75 Inc com 1 common preferred. 21 Continental Diamond 3 Continental Insurance Mar 13 11% Jan 20 96 28 88 % Jan 11 101% Feb 21 Continental Oil 27% Nov 25 25% Mar 29 1 Continental Steel 24. 1 No par Continental Fibre Motors.^— of par No par Jan Feb 163/8 10c 17% 33% 110% *107% 34% *104 13% Jan 32 Inc Aircraft Consumers Power Co com 55% Jan 25 9 Co 30% 12% 1 34 % Mar 2 *11 48% 100 pfd... Stores 17 %» 1.33% 21% Feb 2 111 Elec Co 17% Mar 26 109% Mar 30 page 1,700 15 ' 30% Jan 113% May 12 see 2,600 33% 13% 25% *110% 102 26 112% *110% 112 102 *102 103 ♦110% 102 112 102 50 ' 12 19 16,800 25% 33% 43% . 29%: No par Commercial -Solvents Preferred 14% 25% 34% x223/4 - P 26% Feb -24 3 14 25% 33% 26% *72%.. c 108 % Mar 28 10 13% 24% / 24 453/8 No par 3 Feb 800 45% *87% 2.50 4 Feb 2,700 23% 30% Inc„_No par Inc. Commonwealth 115 22% Engineering Superheater Conde 107 23 45 93/4 Consol Edison of N Y com...No par Mar 28 17,100 22% 21,400 233/a *89 common__No par Columbus & So Ohio of 18% 463/8 50% 2.50 M System 88 18 22% ■ 20 $4.25 cum preferred w w Columbian Carbon Co 33% 88 451/4 33 100 1st preferred 100 2nd preferred—.100 Class B 33% 24 347/8 No par 27 26% Jan For footnotes 11% 25% 300 47% v No par 31% Feb 45% Jan Dec :• 11% 26% 1,600 46 Vb per 100 2 6 9% Dec ; 77% No par Jan 28 19% Jan 3 II1/4 *43 100 Coppermines Corp 13% Dec 78% Jan 10% 11% 25% 100 Columbia Broad Sys Inc cl A 3 ' ?9 8 July 17 50% July 13 5% Jun 29 11% 11% 87 No par Consolidated 12 106% Dec 3 15% 1 10 3 11 102% Feb 3/s 50 9% F»b 28% Dec 22 100 14 .No par 25 10% Jan 101% Jan 4 15% ' No par 110% Mar 21 4 July 28 151/4 30 73/4 33 53% No par 102 11 30% Dec 15% 19% Cigar 28 Jan 88 15% 15% 39% Consolidated 19% Mar< 32% Dec <14% Apr 24 34% 96 Publishing Co Congoleum-Nairn Inc 2 4 ' 14% 25 34 19% 9 13% Jan Dec ,28 13% 25 35% 39% 20 24% Jan* 117% Apr 12 108% May 24 14% Sep 25 47% Feb 14% 26 34% 94 Vb 27% Feb 30 Mar 18 12% Jan 1 com Cons Gas Elec Lt & 9% July 5 40% July 28 14% 25% 1,400 * X22 24% 14% 5 106% Jan 33% May 19 233/4 34 20 35% Jan 7% Jan 18% 251/4 par 2 23 - 24% *73% 88% 17% 101 *31% 333/a 88% 181/4 .17% - 143/a 10 preferred.. 4% . 3 Mar 33 883/4 251/4 v; 73/4 33 33% 331/2 100 X29% Mar 13 7% Dec 28 26% July 12 2 9% Jan 6 25% July 13 54 Vb Mar 27 27% Feb - 101 100 49 91% Colorado & Southern Ry com Combustion • ; 14% *60 __i Pictures 37% Jan 7% 343/4 10 ... Gas 6 • 49 101 33 26% 8.50 Collins & Aikman Corp Colo Fuel & Iron Corp com Columbia 6 18 24% 163/4 88 19% 200 200 41 % J Coca-Cola Internatl Corp No par Colgate-Palmolive-Peet comu.Nopar $3.50 preferred No par Columbia 38% Nov 30 105% Sep 26 10% July 13 24% 7% 34 15,100 353/4 32% 88 3/4 185/a Mar. 24 preferred 3 46% Jan 335/a *88 19% 24'A 24% Saturday pfd (The) 9 65% Mar 19 33% 89 25 ; 13% Mar 10 24% Apr 26 43% Dec 18 112% Dec 33% 18% 63/4 common conv Corp 14% Feb 2 Jan 62% Jan cum Coca-Cola Co 24 31% Mar 22 57 27% Jun 33% 12% stock Inc Clopay 13 109% *88 19% 17% Cluett Peabody & Co com 7% preferred— 132 2 4%, 17 138 117% Mar 24 41/2% 1 gtd 27 13 Dec 20 ♦32% 32% 27 Jan 23 34 16% *343% 49% 101 293/4 Special r Feb 5 16% Jan 106% July 19 *32 100 36% Feb 27 3% Feb 34 6% Molybdenum Foods Feb *31i/2 16 3/4 353/4 *483/4 102: 323/4 Climax Clinton 11% Feb 7% 33 33% *101 44% 28% 5 9 67% Jun 24% Nov 8 16% *34% * 733/a 5 22% Mar 102 8 89 33% 8,300 171/4 361/4 50y4 *721/4 33% Mar VB 48% *101 • 8,600 72% 33% Feb 30 74 16% *35 u 8 . 35% 72% 44% Feb 14 101 173/8 36% 50% *7% 8 35 y8 36 Mar 15 28 112% Dec 18% Nov 101 103 16% *35% 50 353/a 34% : 35% Jan' Mar 14 37% Mar 15 Oct 50 34 33% 36% 40% July 12 353/4 50 10 36% 43 18 15% Jan 35% 50% 143/4 21'A *9% 36 3. 15 171/4 37 141% 211/4 10 36 31 Feb 16 343/4 143/4 21% *9% Cleve Graph Bronze Co common 1 Cleve & Pitts RR Co 7% gtd_—50 Jan 143 16% Feb 34% 17 143/a 21% 93/4 110 8 23% Oct 34% 16% : 14% *1091/2 2 Oct 34 3,400 3,100 22 93/4 110% Jan 22 ♦213/4 10 *109% Jan 14% July 17 14% Mar 30 143/8 221/2 *93/4 110 72 21 14% *22% 110 17 134% July 27 70% July 17 Dec 14% 22% *150 28 Dec 143/4 *23% *22i/a 4,900 1,100 10 23% 23 % Louis Ry Co com 100 5% non-cum preferred 100 Cleve Elec Illuminating com No par $4.50 preferred No par Nov 5% Jan 23% 23 C C C & St 73 ■i 2,700 223/4 23% 123/a i_. 3,600 24 24% 221/4 *17% preferred 29% Dec Mar 27 95 conv Equipment Co 4 July 17 99% July 12 3% July 11 946 41/4 % Clark 140 23% 223/a 6% common.. 3 29 Vb 22 ? City Stores Co 109% 25 12% .: *108% 24 City Investing Co common—. 5 5% % preferred 100 City Products Corp ^.No par 7 26 53% Feb 5 84% Jan Jan 100% Feb 25 155 19 87 24 9 93% Mar 30 24 138 18 93 3 Jan Mar 15 19 16 • 8% Jan 32% 1081/2 24 17% Lno 32% 108% 24Va e% : 33% 108% 19 47% 9% 243/4 LOW AND 9 90 *32% 108% 18% 46 3/4 10 22% - 25 •92% Mar 18 461% 9% 25 17% com 17% 46% 9% 141/2 *12% 4% preferred .i Cincinnati Milling Machine Co 2,600 3,400 191/2 151/4' 25 Cincinnati Gas & Elec 26 9% 23% 1 _ 19% 93% %> 200 19% 91A 14% 10 150 5,500 17% 25% *93/4 300 17% *17 263/4 10 15,000 47% 333/a 1073/4 10 — 49% 9% 14% 100 :«• 52 % Mar May 12 28% Dec 33% 1073/4 400 150 17% 19% 93/a 4,000 1041% 49 104% *149 17% -131/4 120 473/8 1013/4 25 ,-Nopar ^ 8 93 •16% Feb 33% 108 3/s 49 105 149 19% 91% 25% 100 Oil 84% Mar 28 82 33% ♦17 33% Par 9 Feb 37% Jan 32% Mar 27 43% Jan 35% Mar 181/8 46 9% 1071/2 11 % $ per share 107 29 19% 9% 34 ,34% 24 % com__No par Cab.*— 20 93/8 , 17% 154 47% ♦100 223/4 19 % STOCK EXCHANGE * X193/4 148 17% 171/4 49 *47% 10 *17 "• 93/8 19% 49 9% *104 5/8 153% 47% 101 48% 105 J/8 1491% 17% " conv Corp *47 9% 149 20 91/2 109 *88 NEW YORK Highest. * $ per share 68 ft Mar 22 ~6% Jun" 30 v 100 pfd Copper Co— Chile 49 25% :* 27 preferred Chrysler 19% 9% 193/4 101 48 J/a ♦1043/s 17 9% 33 com__No par common cum 17 19% 19% 47 101 48 18 171/4 *17 173/4 19% No par ; 17% 9% *7% 25 .— Cotton Co 5%% 5% • Range Since Jan. 1 Lowest $ per share '27% July 26 103% July P 1493/4 STOCKS Highest ' & 104 s/8 149 20% *101 preference—No par Yellow Chickasha Childs 19% Mar 30 :• convertible Range for Previous • 26 40 16 95 6 19% Mar 30 9 Jan 19% Jan < 6% Mar 29 Paul 104% 473/4 101 48% 9% , Chic Rock Is & Pac RR Co—No par Conv preferred series A— 100 9 94 % Feb 13% Apr St 17% 48% 155 47 101 151 17% *154 48% *100 104% 104% 19% 155 47% 49 ♦149% 18 No par preferred -i. $3 59% Feb July 12 11% July 26 l Chicago Pneumat-Tool Feb 64 - Milw 5% 54% Feb 23 50% Jan I B Ry Co cl A 48 48% 154% 47% 100 149% *9% 50 & Louisv 155 47% 100 105 Vb *22 40 Chicago & North West ' 26 Vb Jun 1 Series A preferred 28% Mar 3 42% Jan Feb A Ind , 109 1.25 preferred Chic 155 154 48% 9% 33% Chicago Corp (The) 1 Chicago Great West Ry Co com__50 ' *154 155% 101 *48 3%% convertible preferred,—100 Chic & East 111 RR Co com__No par • 5,200 19% Chesapeake Corp of Virginia 5 Chesapeake & Ohio Ry common__25 2 4% Feb 7% Jan - ' 26% Dec 3 <' Champion Paper & Fib com__No 2 10% Jun 8 24 107% Feb 35 4,300 50 57% Feb 100% Mar 15 800 10% *36 9 15 18 300 3,800 491/8 56 par 40% Feb 29 23 103/4 par No par 29 Dec 22% *39 56 17 Dec 39% 103/4 34 Dec 39% 350 18,400 56 5 49 40 J/4 X40% 46% 10% ~_1 36 5 223/a 40% 46% 55 19% 9.50 Corp, 22% 40% 48 103/4 *17 No par Certain-Teed Copper Corp Chain Belt Co.—i_ •....*—,;_No 28 *47 22 % • 553/4 14 % Co 47'A 22 10% 23% Pasco Copper ae 47 J/4 22% Shares 32 110% 54% 24% Century Ribbon Mills 5 47% 31% 10% 50 South West Violeta Sugar 47% 22% ♦109% 313/4 56V4 Corp com__5 & 48% 221/a 109% 10% 50 Class B J-— Central 31 109 % 55 17 % 100 107 25% July 12 30% Jan 3 98 Feb 4%% Central RR Co of N J class A 32% 56% 149% * common 109% 32% 103/4 ',10% *104% of Ga Illinois Light preferred 109% 32% 55 48 Ry Co vtc No par preferred series B vtc 100 Central 110% 32% 10% 47% Central Hudson G & E Corp..No par 6 *109% 32% Sales for the Week $ per share 57 *100 1 Mar 26 Jan 32% Jan 2 40% *154 10 3 10 *39% Friday Mar. 80 Mar. 29 $ per share f 10% ___100 13 29 23 110 Thursday Mar. 28 $ per share 55 100 common 4.201<r 13 % July 13 130% Jan • ' 25 ,i Tractor Preferred 50 : common preferred Caterpillar 13 56% Feb (J I) 7% 6 55% Jan 106 Case 2 Mar series-... Carriers 110 PRICES Wednesday . $ per share 39% Corp common Conv preferred 4% & General 9 Mar 16 64% Feb • Mar 26 43% Jan 32% Carrier 5 47 1 29 109% 9 Mar $ per share 32% 25 25 $ per share Carpenter 2 Jan Mar. 27 *47% Carolina 2 SALE Tuesday Mar. 26 109% 8 53'A Mar HIGH Monday Mar. 24 Clinch & Ohio Ry 100 Power & Light —No par Steel Co 5 33% Mar Jan 52 Carolina 110% Mar 12 AND Saturday Celanese Corp of Amer com__No par $4.75 1st preferred : _-No par 7% 2nd preferred 100 Celotex Corp common..—No par 5% preferred _20 Central Aguirre Sugar Co : 5 Central Foundry Co__ 104 % Jan RECORD LOW STOCK ' Par * 2 150% Jan 1 Mar 47% Dec STOCK EXCHANGE 9% Jan 15 156 3 35 16 56% Nov 35% July 13 Jan Jan 34% Mar 16 x7% Mar 13 140 107 YORK $ per share 50% Dec 28 NEW Highest $ per share 110% July 13 3 •15% July 13 33% Dec Lowest $ per share 27% July 27 .30% Jan Range Since Jan. 1 Highest 5 per share YORK STOCKS Year 1950 15 Delaware Corp.. 10 , *11 17% 17% 17% 17% 17% 11% 11% 11% 11 11 « 5 13% *69% 9% 17% *11 ' 17% *17% 173/8 2,300 Hi/4 *11 11% 200 48% 49% 49% 49% 49% 50 49% 49 % 50 51 5,400 303/4 31% 31 31% 29% 31 293/4 30% 30 30% 8,800 12% 12% 12% 12% 12% 12% 12% 12% 12 12% 5,100 16% 16% 16% 16% 15% 15% 16% 15% 15% 153/4 10,300 173/a 18 17 3/4 18% 17% 17% 17% 17% 17 5/8 17% 19,500 33% 34 333/4 34% 33% 34% 33 3/8 333/4 33% 33% 9,200 .110% 110% 110% 110"% 110% 1113% 109% 110% 107% 107 % *107% 108 107% 107% 200 34 34% 333/4 34% ■34% 3,400 *102 IO31/2 103% 1,240 110% ,110%: ♦107v2 108% ,107% 34% 34% 34% 103% 104 1071% 35 *102 103% 19% 19% 19% 19% 96% 96% 96 'A 95% *96% 36% —10 1 17% 37% 36% 37% *97% ;ioo *99 301 13% 14% 13% 69 69% 69 9% 91/4 5 96 97 97 14 27 26% 26% 9% 98 *26% , .,13% 19 V 1 102 34% 102% *101 19% 19% 191% 19% 19% 97 96% 96% 96% 97 36% 36% 36% 363/4 36% 36% 97% 98% 98 98 660 13% *96 , 2,700 320 11,700 98 13% 13% 13% 13% 68% 693/4 683/4 69 400 133/4 69 ' 69 X67% 4,200 2,800 9% 9 % 9 91/8 18,600 09% 95 90% 95 96 95% 96% 4,500 27% 25% 26% 25'/4 26 24% 251/4 4,000 9 9% 9 16 The Commercial and Financial Chronicle (1384) n NEW $ per $ per share share 27% Not 24 * 24% Mar 30 55% Mar 13 54% Jan 10 29% Jan 42% Jan. Mar 14 Dec 26 29 22% Dec 28 20% Mar 29. 41 17 S3 Corp preferred 56% 30 30% 30 31'/4 , 25% Feb 1 / 49 Mar 17 r 50% Feb 20 22 14 Mar 28 .+■ 17% Feb 3 Cornell Dubilier Electric Corp^ 50 I 76 V 72% Jan- 2 Corn Exchange Bank & Tr Co Corning Glass Works common 5 63 .45y4 Nov 27 38 Jan Apr .18 100 102% Aug 17 99 Mar 14 , 62 July 13 Sep 27 10 Dec , ■ 13 102% Jan 11 , 3 . 3 : 19 2 2- ... 2 15 29 % Mar 1 Jan 2 18 V4 Jan 39% Feb 54% Feb 8 28 106 - 19% Mar 29 5 31 Y Jan 13% Jan 19 Y 10% Jan 10 26 y2 Nov 22 July 13 * 102% Dec 55% Jan 3 12% Dec 20% Jan 3 24% Aug 52% Jan Feb 21 22% Feb 17 13% Jan Jan 125 138 Jan 8 20 Jan 129 13 26% Dec 30 • 12 99% Dec 2 30 i 281% 28% 28% 5 101 ; i ••;•'. 35»/4 ♦98% 28 % *27% 15% ' 16% 16% 15% 36% 36% 36% 36% 51% 50% 51 51 51 102% 102% 102%' 34% 20,100 100 102 12 12% 1,700 27% 28% 800 15% 153A 16% 37 16 6,000 800 37% *36 51 51%. 51 5,300 102% 1021% 102% , 34 % ♦98% 130 , 102% .310 8,400 1,200 36 35% 35% 35% 35% 87% 87% 88 88 *87% 88 871/2 873/4 88 'A 88% 30 29'/4 30 20 30 *28 29% 29'/4 29% 29% 29% 1,010 Cuban-American Sugar common—10 -1% preferred— 100 20% 4,100 *170 Cudahy Packing Co 13 100 pfd. non-cum ' 5 4%% 8 Press $7 Inc Prior Class 10 common'—No 2, — 9% 9% 9% 9% *76% 77% 75% 76% Cushman's Sons Inc 7% Cutler-Hammer 10% 27% 8% '103% 105%' 104% 54'/2 54'% 54% 541/4 15% 10% 10% 10% 10% 101/2 25% 25% 25'% 25% 25% 25y8 25% 11 *26% 9% 103% 8% *53 1031/4 *53 54% ' 10,400 , 300 . 11 103/4 103% , 30 9% 75 27% ;' *53% ' 54% v 9% 75 8% 10% IO41/4; ; 77 10s/8 , 104 *104% 9% 200 *26% ' ( 9 8% 9% *74 ' ' 9% 9 ; ♦170 1,800 27%; 1,500 9 15,800 t 630 103% 200 541/4' ■ pfd 10%- 25%' 100 *128% _No par Inc 27%, 27% 11 27%- 9'V 9% * *53 I 1 24 10% 27% 55% *104% ,„i 24 11% 27% -• 105% 8% «. 10% 11 27% 27 par ' common A 9% 20 l93/4 200 ♦170 77% 11% *11% ' No par No par : preferred : 2.50 19% 200 9% 77%.' *75%' 5* preferred- Curtis-Wright ♦170 , ♦76 Y 9% 9% .100 - 20% 20 21 180 180 ' preferred- Cuneo 3 10 common 20% 200 *170 200 36% '35% 211/4 *21 21% 21 35% 35 3,000 28% 51 102% 102% 1,400 2% 36 , 103 103 4% Y 12 *273/4 36% 51 'a 15% 175% 4% 2% 102 12 16 36% 10 7,500 175% 34% 34%, , 10 • 77% . 23/, *981/2 ;■• .12 77 4% 2%- .t' 102 12 50% ,16 51 *1001/4 Y/' *4%. ' ^ 37% 15% convertible preferred 35% Feb • 27% 35% 5% 132% Jan 2 Jan 25 28% 1003/4 940 .. 35% 27% Feb .■ 28% 34% 12 102% Cuba RR 6% Jan 10 12% Jan Y 9 Mar 13 24 32% Dec 29 . preferred i_„ 2% 35'A 34% 101% *175% 4% 2% 102 12 No par 57 2 10% Maf 29 *100 12'a *36% Corp common 15 Y IOO1/2 12% 2.50 106% Feb 18 ; Zellerbach ? 8% Jan 34% ,100% 12% No par preferred Cunningham Drug Stores Inc . 33% 101% *1003£ 1,400 8,000 88 77 Mar 13% Feb : -33% 12% 2 103% Mar 30 28 7% Jan 44% July 13 (The) Curtis Publishing r 148% Nov 25 27 Corp 3 3 33% ♦100% 1013/4. ' 177 1751/4 ' 56i% 77 1 1 25 America— 27% Mar 10 Jan 2% 63% 543/4 76% .' 175»/4 5 2% 63 54% 761/4 4% 5 2% 2% 2% 100 common preferred of •2% " 63 3% 54»% t»100% i 100% 75 175% 5% *5 4%. 4% 1- 10% Feb x25 lO'/e Oct 25 July 13 \ Co 177 l 175% 143/a Jan 11 8 70 1— 175% 5,400 50 % 14% 101 1/4 •100% Y 21% *49 14% Mar 27 180 9% Mar 15 10% Oct 77% Oct 175% 177 76 20% 50% 36% 24% Feb , Mar 27 180 : 100 Crucible Steel of Amer com—No par Mar 20 ■ 1031/2 75% 21 30% Jan 32 y2 Dec 28 »jot % 76 5.300 87% 95 2 180 ; Nov 20 . 1021% 75% 31 100 2 24% Jan 22 14 •101% 1,700 29 63% \ 101 101 27% 561/2 29% 14% • 55 Shares share *55 *49 <• 63% . 54% S per 27% 27%; 56i/a 29 . W 15 Sales for the Week 20% : 501/2 63 Y ■ 54% 75% $4.20 30 2 81% Jan 6 34 64 »/4 V* 102 % preferred $2 29 Jan 15 • 53 ,".75% Crown 31 Jan 3 5 Jan 44% Jan 102% Mar 22 5 63% 53 •101% Crown Cork & Seal common 14 2 64(4 52% ' 21% 14 loa »/2 Cream of Wheat 22 4 48% Jan 15 64 % *101 3%% 7 64% 53 102% Creameries 17 64 % Y *55 30% 20% , *27 56%" ; *49 50% 151/4' Friday Mar. 30 Mar. 29 S per share - 27% 29(4 < - 21% 15% ♦101 Crane 35% Mar 27 12% Jan ♦49 15% 52% . Coty International Corp 103% Feb 20 2 64% July 13 9'/4 July 17 20 12 21 50V2 15 »/4 102% Coty Inc 5% Jan 26 2% Jan . 21% *49 153/. 15% ♦101 7% ; 21 50% , 30% 30% 21% 21% *49 27 •55 56 «/2 Products Refining common.25 Corn 23 35% Jan . 34% Dec -29 25 15'% Jun 27 7% July 'Jan series < 27% *55 Thursday Mar. 28 $ per share preferred 100 pfd 3%% series of 1947_100 .Cum 19 82% Nov Mar 31 17% Jun 26 Feb 186 4% Jan 10% Jim 27% Jan 3%% 2 77% Mar 30 100% Mar 26 v . 165% May 104% Feb 3 27% Jan . •; 4 49% Dec 27% Jan 175 5 ,41% Oct 12'/« July 13 . - 31 11 i30y4 Mar . Jan , 2% Jan 6 Jan - 14 104 % Mar Convertible pref 5% ■( 56% Mar 30 v 175% Mar 28 17% Jan 30 32 y4 Jun 27 16% Jan x66 13 Jan 105 14. • 2% Feb 25 30% Jan 22 y4 July 13 ? 2 100% Mar 16 3 6% Mar /. 101. 54 30 187% Apr 1% July 13 26 V2 Jun Nov 72% Jan , 176% July 13.. 3% Aug 3 ; Y Oct 105 100% July 11 - Mar 28 17 13 July 17 27% • *55 51% Oct 24 28% Jan y. ' 56% 17 y4 Apr 57 1 28 27% 28% 27% Monday, April 2, 1951 ; PRICES Wednesday t per share *55 10% Jan 3 $ per share No par 46% July 14 14% Jun 27 Mar. 27 $ per share 0 common SALE Tuesday Mar. 26 Copper Range Coi—_J No par Oopperweld Steel Co common 6 8 prior HIGH AND Monday Mar. 24 Cooper-Bessemer 22 LOW Saturday I . RECORD - STOCK Par 55% Feb 26 - 1 Jun YORK g per share $ per share July 17 12 STOCK EXCHANGE Highest Lowest 83% July 25 ..•20 NEW Range Since Jan. 1 Highest Lowest YORK STOCKS Range f®r Previous Year 1950 : 32% 132 ♦128% 132 ' ■ 132 *128 »/2 V ' 31% Y 32% 32% ♦1281% 31% 31% 31% 32% 103/, : 25% ; 132 31% 103/, 10% *1281% 25% 25% 132 *128% 31% 313/4 32% 32% 31% 31% 98 98 98 16% 16% *32 .7 10% 22,200 25% 5,800 p; 132 323A 2,000 ; D 96 13% July 10 15% Jan 17% Feb Dec 3 Jan 11 2 30 3 31 18% July 13 10% July 13 i f Y, 16% 1 10% Dec 29 28 34% Mar 17 July 26 ' 96% May 24 96 July 100 July 24 V 11% Jan 18% Dec 3 3% '7c 100% Mar 16 17% Feb 17% Feb 28 34% Jan ■ common 9 5'/c convertible Davison Chemical Corp 3 18% Feb i 9 Daystrom 32% Mar 24 Dayton Power Si Light Mar 30 93 Jan ■ Y 100 Y 4 Jan 100% Feb Mar 20 17% Jan 5 99 7 Feb 21 Feb 24 . Dayton Rubber Decca Feb 27 Deere & Co 18 32% Mar 29 '37 Jan 19 45% Dec 19 43% Jan 2 53% Feb 9 7% Jun 27 14 % Dec 20 12% Mar 28 17% Feb 2 Dec 23% Jun 21 58 28 Oct 3 34% 29% Jan 19 37 July 13 20 « 2 20% Jan < Records 7 % 42 y2 Jun Dec 72% Dec 27 12 Apr 20 21% July 13 -62% Mar 28 29 22 May 19 July~12 Feb 68 5% July 12 8 Jan 3 Jan >2 30% Jan 2 25 62 May 16 6% 21 y8 Mar 13 32% Nov 17 Y 1 12 y2 Jun 27% NOV 22 ■Y-' 16% 29 18% July 13 10% Dec 8 49 Dec 7 341/4 Dec 18 37 Y 45% Jan Dec 21 35 11% Mar 31 16% Dec 27 9% Jan 5 17 29% Nov 24 July 13 16 20 8 11% Feb 25% Mar 30 « 1 19% Feb '' 2 3 31 Feb Lowest. $ per share Lowest • 46% 46% 46% 46 3/4 46 7% 46% 50 13% 14 13 133% 131/4 *23% 23% 23% 23% 55 64 4 15% Jan 11" ^'14 July 26 47% Oct 18. ...44%, Jan 15 48% Jun 29 57 July 17 Jan 51. 25% July 12 36% Jan 6 58 Feb Feb 14% Jan 19 V 30% Jan 14% Jan 97 Dec 28 *93 83% Dec 19 r 111 % Jun 15 181 Dec 19 16% July 17 21% Oct 18 81 88% Dec 8 Mar 18 7 x22 x- July 12 11% Mar 27 14% Dec 51% Dec 2 35'% Mar 2 Dr. 9 A 20% Jan Doehler-Jarvis Dome Mines 13 Douglas 14 19 % Jan 13% Jan y 18 10 Feb 2 29 93% Feb 1 3%% Dunhill 3 Feb $3.25 85% Jun 12 12 17 Feb 9 83 Jan 92% Mar 27- 19 Jan 10 19% Jan 21% Nov 25 13 18 % 40 July 17 - Apr 163 Mar 29 39% Oct 25 36% Jan 4 * 14% July 12 19'% Jan 16% Jan 2 88% Aug 25 98 xl2% July 12 95 Sep 8 Jun 15 102 14 5 7 MarlO-' % Dec May 92- 26 2 101 13% Dec 1% Jan 3 ' * 357/8 Apr 19 10% Jun 26 19% July 13 52 % July 1748 Aug 25 21% Aug 3 41 11 f - ; 1% Jan 2 40% Jan 15 Dec 28 75 Feb ; 52% Apr 26 28% Jan 6 28 % Nov 29 33% Jan 5> : - 8% July 13 33 > - Jun 27 .2% Nov 6 * 12 % Dec 15% Dec Mar 21' 4% Jan For footnotes see 10 page 24. 33% Feb 35 ■16% 10% 26% 6% Jan 9 2 22% Feb - 60 % Jan .. 6 '' 24% Feb 6% Mar 13 14% Jan *12% Jan 2 13 39% Mar 28 3% Feb 7 1 13 71% Feb . 6 .-*17% Feb * :i5% Mar 27 44% Jan * 7 10 1 4% Feb 26 j 56 Y 13 353/4 26% 25% 26% 253/4 Wednesday 16 16% 541/4 *24% 26 12% 31 32% 305% 31 No par 141/4 pfd 88% *50% •«.' , 14% 14 141/8 Corp 96% 96 3/4 3,200 861/4 86% 86'% 4,700 *105 110 *105 110 *194 , 197 *194 6,500 197 20 3/4 20% 205% 20 3% 6,900 *23% 24% 200 14% : 89 24% 14% 143% 14% 3,300 14% Y - 121 1203% 121 121 121 100% 1001/2"- ;* 100 100% 100 100% 51% Y 50'% 50 50% 220 10% 103% 400 ...... *10% 11. ,..Y uipfnc .. 10% 503/4 50% 50% 10% 103/4 10% 103% „. 21% 21% 21% 21% X21% 22% 213/8 22 193/4 *20 20% 19% 193/4 »'■' 2.50 17%' 16% *100 1 12% . *38% - 2% 20 43 49 20% *38 38% 40 « 2 2% 43i/4 14 ? 24% *65% 70 *50 50% - »- 2% 14 70% 27 193/s 15% 10 25 29% joo *101 17% 29% 102% *383/8 2 2% 203/4 6% 6% 20% 213/s 14 ! 24 3/8 *65% 50% " "• ' • 2% 42 100 6,500 ' 4,600 13% 13% 900 23% • 233/4 2,700 *65'% 68% *50- Y 50% 26 ••• 26%' 18% 18% 18 •143/4 70 26% 19 101% 20% 6% 23% 70 3/4 27 30-. 293% ♦101 20% *13% 24 7/8 39 : '41% 423/4 26"% 171/4 171/4 1 9,900 '•*50 50% 26% 8,000 ' 14% 8.50 5,300 *18% ' 5 7,'100 15 191/8 15 17% *49% 13% 20% 191/B 26% 191/4 250 49% 26% *49% 26"% *65% 50% *65'a • , 123/4 40 - ••423/4 13% 133/4 24% 101 y2 201/8 ' 20% J *38 2 i • 43% *43 24 3% 14 *243/8 4 • 2.700 49 13% 497/8 19% 21/8 *100 30 . 16% " 50 203/4 43% 3 Co 12% 491/4 2% 50 Gas. •13% '700 :' 94 16% 101% 22,600 .140 3,400 .40'% 177% *92 16% *100 20% 43% 50 Electric Mfg Co 101 12% • *171/8 16'% 493/8 " 38% 39 16% 163/4 £'400 43% 165 40'% "17% '92 1,200 16% 43% 163 '41'% " 92 17,100 / * 16 16% 41'% 3,300 21% 20% 44 165 *17% 21% 213% *19% ! No par preferred 21 173/4 157/a 43% *162% 94 101 =• 12(4 49 20 par 103 11% 50 ' 16% *100 103 *17»/4 *92 •' 94 16% 12 2 common 16% 491/3 I—3 common 41% 171/4 *92 41% 41% 40% 17% 94 443% 166 *163 165 41% *92 16% 44 44% 44 165 41% 100 I 16% 16% 16% 17'/a 21%- 171/2 2 _l common 21 21% 22% 44% 900 1 i93/4 167 1,400 -,*!?!■'.. 21% 16% Y / ' 17,400 • unit" .. 21%-v 44% 88% *50% 20%V> *164 89 121 100'% 51 875% 881/8 89% 120% m l 88% ,87'% 88% 120% 22 3% 100 Inc — Corp Exchange Buffet Cferp 17 96% *23% 21% 5 common Products Co 16% 163% *87 20% . 10 — ^Eureka Williams. Oorp 5,500 89 22% loo 6% preferred series A 10 700 31% ,100% ustq o:- -.f, Iwv ' common Erie & Pittsburgh RR Co— 200 12% *87 1 ° •900 ' 241/4 ■ ZI0 Co 167% ' ■96% 211/4 14 89 31 "■'immtr ■ 89 241/4 *50% ft preference Ex-Cell-rO 24% 88 102% -YCfi Inc.: convertible "Evers&ajrp *23 *123% ' £600 55% 543/4 < .Y. 120% 120% Y *101% 102 89% 120% *101% ' 50,. ColliL-lllU Natural 24 Shares ; X857% 197 20% *85 89 the Week " No par Storage'Battery Co 17% 108 14% 14% * 120% _..{j Boat Xl63/4 543/4 *53 12'% *85 & Co— • *53 12% 24 ; 54% 12% 16% 543% 541/4 543% , 54 —— *194 1 16% 16% • ' Sales for ; $ per share share 16'% 55 54 89." *85 3,100 12,100 Friday Mar. 30 Mar. 29 ■<• \$ per share 211/4 21'/4 2,100 ' Thursday Mar, 28 $ per 55 17% 1,800 ; 26% 1 33 . Y PRICES 200% 213/a 20 3/4 89 17 % 171/4 2,000 l67/a 21% 17% 2,700 10% 25% SALE 163/4 10% 12% 323/4 32% *35% 16% 10% ♦53 *12% 32% 35 % 15% 101/8 55»/2 *53% 123/4 ,13 • 4 55 54 54 35% 16 10% 55 *54% 551/4 21 preferred Paso Evans *54% *54% 16% ■ 35% 15% 700 .. ' 48% *197% Erie RR common— s .86 Mar 26 8% Jan 23 16% 48% 199 Equitable Gas Co Equitable Office Bldg— v $ per share 163/8 16% 56% *85 Endicott Johnson Corp common 4% preferred 23 Mar. 27 j 48% *196% Empire District Electric 2 7% Feb Mar. 20 56 50c Y Emerson Radio & Phonograph 12 2 Tuesday .Monday 16% HIGH 48% lovs 8 27% 26% LOW AND $ per share share 10 » 49 199 Steel 1,100 35 351% 15% 1,900 Y. " *196 Emerson 5 103% Jan Jan 64% Mar 30 1 44 18% Jan 29 19 % Jan - 28 14% Dec 3 29% Mar 27 28 May 25 6% May 5 2 26% 7%. 49 49 16% 100 24% Jan 26% *105 Products 5% 263/4 107 *13% El 26% *105 preferred 5%% 2 263/4 26% 1071/4 Manufacturing Cp Electric 6 17% *105 10 28 % Mar 17% 107% 15 22% Jan 3 16% Mar 16 18 *105 Elgin National Watch Co ; *17% No par No par Elliott 2 ' 7 17% 873% 27 Mar 15 4,000 31 17% 97 27 18 Yv 67 7 95 Co *62 Y 31 85% (E I)) 67 31 97% s''8s 4%% *62 / 7 31 Y 873/4 12 52 % Mar >/" 31VC 96 72% Jan 2 67 Y 7% ' 7 A 51 26% 10% 33(4 16% Jan Feb 20' '•■■ ' 35% 32% 27% Jan 20 7% May 15" 19% Dec 28 68 } *64 7% , 87% Convertible preferred No Elec & Mus Ind Amer shares r 23 184,300 95 Elastic Stop Nut Co Electric Auto-Lite (The)— 5 Feb 100% Mar 15 5 66 9 2% Mar 46 32 87% ' Electric 18 16% Jan ' Jan . 16 16% *54 66 :13 104% Nov 15 60 Ekco 41% Jan 26 2 23% Jan ' ,. 51% Jun 27 2 2' 49% Jan 1 24% Jun Feb 25 * *55 13% Mar 29 ' Y 23 20% Mar 17 4% July 13 8% Feb 14 55 . 23% Mar 29 28% Feb 23 15% Dec 13 6 July 12 10% Jan 13 .23% Jan 38 22% Aug 29 8 2 6 18 20% Jun Dec 20 Jan Jan ■3% Apr 44% Oct 12% Dec 15 18% Dec 153/3 a convertible preferred International 4(4 % 101% Mar 22 13% Mar 29 50% Jan 22 4 13% Feb 15 100 Mar 27 Oct • 35% $.per '51_Nopar ; Edison Bros Stores Inc 2 19% Jan 9- 21% July 26 13' 17 % Mar 45- 19- 49% Oct 16 32% Jun 30 1 preferred,.*.— Eaton 8 32 93% Eastern Stainless 26 32 85% Eastman Kodak A Feb i'e 88% Eastern Airlines Eastern Corp.. 95 14,700 95i/4 Eagle-Picher 19% Feb 221/4 16% 26% No par preferred Industries common ' >6% 15% 22% 17% 2 _ 15% 22% 93 23 , Mar 21 15'% Jan 30 38% July 26 Jan 35% 27% No par May ' 26% 27 35 Co4-_4:l„.-^ 9 2,600 63% 15% 67 7 '49 -Par • Duquesne Light Ca 3.75% DWG Cigar 3 64% 15% 22 17 Feb 20% Feb Y 64 16 22% 87 2 48% Jan 63% 15% X22 % % 49% Mar. 24 Y- ' ,182 Jan 11 42% Mar 5 62% 16% 22"% .15 22% Feb 43% Mar 29 10 63 ' 55 : No par : 24' Y 15% Mar 28 52% Nov 27 190 13 19 64 49 Saturday JOOI 8 20% Dec 27' .4,000 *64 i Co common f Jan 1,700 56% 49% 26% 6 Jun 23% 55% 233/4 1,500 4,800 24,600 * 10% 12% Feb 13% Jun 30 X23% 55% Y Y 7 10% 7 10 23% 54% 22% 67 7 1 ■ 10% 54 % Feb Apr 7% *16% jseries^—No paY, 13 23% 53% 49 2 /, Common •••>* 23% *26'A $3.50 C 233/4 55% 26% Mar 30 24% Jan 13% 26% 50 * 131/4 18 series^ * 13% *17% $4.50 Mar 29 123/4 171% Preferred 21" 13% 17% Preferred 18 123% 1.7% 3 ■" 13% 171/2 23 / 47 311% Jan 2 463/4 *31 106% Feb 10% Jan 46% 31% 125 10 46% 31% Mar 29 11% Jan ♦64 67 2 Duplan Corp 9 47 31% No par ' 6- 46 31% 100 1., 33 *7 120% Mar 14 Jun 52% Nov 30 6 *64 50c 2nd Dresser 27 33 1 25 - $4 preferred series A 23% Jan 26 33 No par ; , 323/4 Ltd 2 • 4,800 33% 2 Corp Dow Chemical 2. 61%' Aircraft 2 Mar 22 2,800 603/4 5 Pepper Co 1 87 • 9,100 60% 1 - class A : called Feb 208 7,200 9 48% *16 16% 227/a 1 111% Feb 3 18% 47% 63% 16'% 22% common—No par ; 16 93 108% Mar 15. '180% Jan 24% Dec Dec Co preferred V Feb 19 8% 9 47% 60% 23% I Corp Class * 10 15% Mar 30 " Jan 64 1 16% 22% EXCHANGE 109% Feb Mar 15 77% Jan •' 29 64% 16% 22% 106 • 9% Dec 11. 171 64% 8 127% Apr 22. .91 101 % Jan 31 55 issued" Match Du Pont de Nem 60% Jan 13 122% Jan Jun :* 18% 19 83/4 547/g 20 "when ' 13 * 53 55 100 Dixie Cup common Class A 28 13 Sep 27 119% Jan 13 Dlvco " 8 55 54% 107 100 (The) cum ; ,Y , 5 8 26 69% Jan Jan Jan 12% Mar 29 4 17% Jan 16% Mar 57% Feb f' 51% Mar 16 9 ,11% July 25 lv * • May 24 13* Jan 30 Y. 20 101 West RR common NEW YORK STOCK * v 10 83/4 8% *98% 101 183/4 8% *33 ' . "12% Jan -.35 19 18% 33'% Distill Corp-Seagrams Ltd Y 4,600 Y,. " $1.50 $ per share *98% 33% *33 ' 5,900 . 98% *97 98% 33'/a Edison Highest Y- $ per share *97 101 *98% 19% 18 3% 98% 33% e% 20 Diamond T Motor Car Co Diana Stores Corp Range Since Jan. 1 Highest g per share 101 18'A 18'A 18% *98% 98% .98% 33% Diamond 13 - *97 v 101 *98% 100 STOCKS Year 1950 •' 18 98% *97 62% Range for Previous V-\ 98% ' 3,100 ' 60% Devoe & Raynolds Mar 22 8% Jan 93 Detroit Hillsdale & S W RR Co„100 9 36% Feb 15% Mar 27 6% July 13 93 62 Rights 2 Feb 94 61% Detroit-Michigan Stove 54 94 *94 96 62 Detroit Steel Corp— De Vilbiss Co _1 19 96 *94 Y 61 2 29% Mar 95 61% 20 9 95 61'% Jan 19% Mar 95% No par Grande 100 321% *95 100 80 900 17% 32% 47% V 38% Feb 17" 23% Jan 29 35% Mar Jan 17% 32% 47 Derby Oil Co Mar 17% 32 y® 8% Detroit 8 ny, 32% 46% 27 64 17% 9 26 % Mar 27 33 17 32 48 18% Jan Mar 27 32% 17 323% 83% Escrow ctfs for preferred 17 32% 163% 32 47% Escrow ctfs for 323/4 32% 17'A Power & Light Co_„ 13.50 Delaware 17 32% 5,500 . ; " • 32'% 8% Delaware Lack & Western 17 17 48 3% Hudson— 163/a * 32 1 preferred 16% 32% 100 common 991% 16% 17 48 23% Feb Mar 29 16 52% 79 % Feb 15% Mar 29' 17% May 26 24 65% Feb *163/8 . 49V4 Delaware Si 23% Mar 27 Mar 24 53 32% 17 49 Denver & Rio 24% Jun 29 32% *163/, 313/4 17% 500 68 57 32 % 17 31% *97% . Y ' 46% 32% 500 2 ? 32%, Co Jan 20 32% *15% 17 7 Deep Rock Oil Corp 59% Dec 32% 98 15% fc16% Inc Mar 10 4 16% *98% 10% Jan 20 38% Jan 16% 100 51 15% 17 10 C_ 31% • 99% *98 *16% series 3 • 41% Dec 30 . 16'% 16% *97 3 3 V 99% *16%- 100 8% Jan 10 Jan 32 , *98 15% series B Preferred 3.90% - ; 98% 1 (The) common series A 3.75% 32% 98% 20 —— 3.75% Preferred • 26 t 8 Preferred 4 104 Inc 31% 32 100 preferred 41% Jan 6% Jun 27 22 ■ 1 preferred series A— Davega Stores Corp common—2.50 9 • Corp 2 98 29 Jan Dana 3 Jan • 102% Aug 21 102 % Sep 1 5 16 • 29% Jan - 102 y4 Mar 21 << 37% Mar 3 14% Jan 31% Jan 17 2 x97% Jan 19% May 10 25% Jan 20% 17% 29% •101 205/8 15 17% 293/4 1011% 14% «'* 143/4 17% 29% ♦101 "203/4 20% 7 X6% 14% *17 17% 29% 293/4 101% 183% 1,600 " *101 14% 13,900 ' 17 y8 l,2p0 29% 1,200 101 y2 20 20% 20'% 4,900 6% 6% 11,700 20% 21 20% 28,500 ' No par 100 *65 66% 50 *63 66 s *6% 63/4 20% - 7 ' 21 6% 20% *65 66 65 % 66 66 *64 % 6% 6 3%. *6% 21% 65 y8 69 6 3/4 6% 20% 20% 65 65 65 65 *64 66 :*63 66 6% 900 10 6% 6% 6% 1,900 16 y8 16 3% 3v700 - " 3 1 16% 171/4 16% 16% i4 y2 14% 14% 15 Va 491/4 j 401/4 40 40 16% •16% 16 16% 15 15% 14% 15% 143/4 15 *40 403/4 393/4 40 40 40 22,nOO ' 2.50 , *3% 4 *33/4 4 *3% 4 *3% *3% 4 500 200 Volume 173 Number 4999 \ % v The Commercial and Financial Chronicle NEW YORK ' - Range far-Previous "1 -■>» • V,. : 'Tear 1950 -.r.^west ^: I7V4 Mar 10 *■ : '13 .487/« Oct-18 '28•; ■/ 3; 103 Jan' 10. 26% pec July" 13 Feb 19 19 •83% Feb "89 ' 14 July 17 106 Jan : 2 jJan Jan 2 23% Jan ' 2 21% Jan 15 % Sep 17 15% Mar 30 28 3; 20% Oct 23 3 2314 Sep ' *18% Jan 2 24 ; 37 Nov 18 34 Jan 25% Feb 7 95 Jan 8 94 Mar 27 27- Jan 30 8 9% Jan -3 13% Dec Feb 75 Mar " . 78 dlv 3 20 14% Jan 87% Nov 29 5 3V4% 85 Jan ' 5- Francisco Franklin Feb 2 Feb 14 95 9 3 1 Feb Sugar \ 4% Trailer 3 10% Mar 21 29 13 Dec Gabriel 30 11% Mar 29 13% Feb 9 30 19 29 19 20 % Jan 13 91/, Feb 9 6% Apr : 6 1 Jan 3 Jan 2 9% Nov 2 7% Jan 4 40% Nov 10 36 % Jan 2 16% July 24 17«/» July 12 20% Apr 25 21% Nov 22 18% Feb 28 15% Jan 23% Dec 32 July 25 3 3% July 13 21 7 17% Jun 29 *5 July 29 25 % Dec 166 July 13 10 2 26 146 53 '/a Jan 101% Feb 38 2 8 9 General Bronze 72%Jan 2 29% Mar 28 18% Jan 11 15 138 % Jan 15 % Jan Mar 7 34% Feb 12 26 2 17 V2 Jan 30 119% Jan 56% Mar Aug 5l% 3 ,99% Apr Apr Finance 6 103% Dec 29 8% July 12 13% Apr 29 5 18 21 61% Dec 6% Feb 48% Jan 81% Apr 124% Jun 20 129 % Mar 13 105% July 28 9% Jan 3 119% Sep Mar 15 99 105 2 124% Mar 28 Feb 8 113 18 128 120 Feb 13 Mar 13 43% Dec 15 54% Oct 5 127% Mar 106% .Nov 11 Jan 4% Mar 23 , 3 V, Jan .,,'16% Jan 20% May- 33% Dec 124 / 39% Dec 2 ; 18 -107 Oct 19% Jan >3 V"r34% Dec • 23 '■.? Jan 8% Jan 99 - 25 •0 „ Jan 19 •: 4 13% Apr 80 Jan 16 July 17 / 22% July 12 / »2% Aug 16 7% Jun 27 106% July 20 " 13% Mar 24 Oct •» 19 '43% Jan 105 v ; 13 66% Dec 13 108% Jun 10% Jun 27 15 Dec $6 24 45% Dec 28 3 7% Jun 29" -4 25% July 100 11% July 13 12. 23 Dec Jan . 8 3 16 Oct Jun 29 18 % Apr 137% Jan 17 22 3 152" Jan 6 78 35% Aug 13 Jan 2 4 9% July 17 Apr 17 Dec 6% Jan 12% Jan . 49 '- Jun ♦ 2 < 2 11 10% 11 80% 80% 80% 80 80 15 15% 15% 151/4 26 25% 15% 26% 26% 26 86% 87 26 26 87 *86% 50 6 39% *39% 40 ,39% 39% *19 391/4 *18% 39% 8'/, 19 21% 21 20 7 201/4 6% 6% 34 33% 33% 26% 26 26% 23% 106 106 55 *101 105% 55 11% 9% *76 *31 9% ' 9% 9% 76 32 16% 24% Pec 28 30 i 66 Dec 49% Jan 25 ' 83 ; : 9 • 30 31 *30% 16% 16% 118% 118% 54% 53% '54'/, 54% 6'/a 6% *6%. 45'/, *99% 45'/, 100% 45 «/4 100% 100 % 10% 10% 10% 10% 57 57 58 58 '126% *112 126% 45% 126% 117 5 AND 52% 51% 124% 123% 124 103 •100% 102 20% 20% *19% 38% 38% *18% 19% 38'/, 18% ; t "3% 3% SALE 51% > 20% • 38% 38% > 19 25% 25% : 19 19 3% ,18'/. 19 3% 19 *24%; 26 *122 - 33% : 33% , 116 33% 116 38% ,-:7 2a«/». *36 28% ;>;••:>. 28% 36'/a ♦ ■ > 36% 38% 116 Feb 25 Grant 61 1 • \ : 221 19 12% Jan 25" 111 3 9 6 27% Jan 9 i f28% ■ Feb 5 flO Feb - 38% ( . *115 if 94 103% ■■J 39% * 91k 23%"" 24 28% 28% *991/2 . 10(T» 19% 19% > *93% *20% 21% 34%- 33% *57% 58% , 94 21 33% 58%' 101% 101% 39% 401/4 *90 28% *99 , 25% 36% 20% 33 331/4 3% 19 18% 36%- 25% 34 .1 *87 28% V X28 100 18%.: •• 21 - 33% *.*< •" / / ' IOO 2,500 . 10 ' 91 23% 28'A 12,300 7,500 99% 99'/a 19'A 93'A 93 »A 700 20% 300 - 8,100 58% 20% 1,400 33% 33% 5,000 *56% 33% *56% • 4,500 1,400 18% >• 931/4/ 93 V* 20'/.: 20% 34 v«" ' 28'A > 1 1,300 - 39% " 23% vi. 19 ■ 92 *; *87 28 *99 36 39'% 91 2,400 120 28% *87 233*- * • - 38%-'" i. 101%: 101% - t: 800 12,500 33%' 35% f 39'/4 90 20,100 115 281/4 101% 391/4, 100 38% *114 - 13,500 8% 33% • - 231/4- -101% 58% •" V.' 38%;: : 115 251/4 ; '125 8% " • 35%: 36 - 2,100 3% 19% *122 • 8% 400 3,000 19 3% 25% 28% 600 18% 38% ■: 19 "v 125 > 115 93% 33% 38% 1,100 20% 33%; t 70,900 '» 125 20'% 8% .28%. : "125 20% 1 25% > ' 52'A" 99 *122 8% Shares $ per share 51% • the Week- 98% •18% 38% rj,*: Sales for . 381/4 18% 3% •' Friday Mar. 30 f 3%- 19 : ;i 100 *20'/, 19 20 ♦57% 290 51% 23% 93 1,100 100 *1241/4 125 i / 19% 200 2,600 58% 126 Thursday 51% 23% .i,24 *99 f ,■ 117 90 '91 12,600 99% 10 *124 Mar. 29 .93 *87 120 3,800 *114% $ per share • 115% 28%. 36% { 1,700 >24,600 ♦ , 45% ♦98% J 126 8% No par conv 58% > 8% *128 45% 44% 44%- 45'A *102 " 1 73 103% *102y, 72% 14 14% 13% ... ___4 '44%. 1 3% '' 10 new—1 ; 3,600 45 46'A 11,000 10 47 ' ,*13% *45 : *102 71% r 72'% 107'/, 14 14 ♦45 47 5,800 600 47 14'/, *45 102?/, 71% 107 107%. IO.71/4 800 ' ^..5 : 20 .. 102%. 71% *106% No par 12.50 preferred *102 " 74 107% 3,800 130 20 20% 44% 8% *127 ♦ 20% 107 Inc 130 20% No par Batteries 8% 8% *127 22 y, ■' * 9 27 ,__5 < i ■ 30 *99 < No par 34% 27% 30 ' 15% *35% ^ 3% 9% *33% 100 15% 36 3% - . 8% , 8% 8% *32% 27 3% 3% ,3% 8% *33% 3% 8% 200 26% 26'/a 26% 27 7,300 *29% 29 29 29 29 2,100 *98% *98 99 *98 99 *35 36 / 14% 15 *35% ' 14% - ' : 14% 14% 14% 14% 14% 14%. 14% 14'% 49 48% 48% 48% 48% 49 19% 19%-> 19% 19 19% 19% 19% 100 *151% 152 __1 151 *73 41% No par " *149% *71 151 150% 2,100 14,500 3,400 140 20 74 42 24 50 3,000 36 *35 14% 1531/2 3,800 34 48 100 56,666 *32'A 34 No par 42% 42% 3,400 24 *23% 75 42% • 75 23% 23% 500 (The)— 3 4Y*% preferred Aircraft Sugar 11 common 11%, *9^ 16. IOC 1 •ik^iiy, __l Gulf Oil Corp.., ^ 25 Gulf States Utilities Co com_No par S $4.20 dividend preferred 100 $4.40 dividend preferred.^.100 11 11% 99 99 21% loo Corp..: •Gulf Mobile A Ohio RR com_No par >$5 preferred No par - 8% 133 21% 22% 11 23 23% 63%'- 63 % 62'A 11% 100- i *99 21% 22 11 10%: 841/4 84% 22% 231/a 22% 23 *101% 102% ?107- 108 101 . * •107 , 101% 108 , ' •62 : 84% 22% *1001/4 107 23% 23% 23% 62% 85'/a - 11 11% 100 11 11 84% . 11 21'A *99 22% 20,100 50 25,900 * 24% ; 14 Feb .14 ' *57y* *128 No'par com (W T) Co common^ Guantanamo 91% Feb 23 23% Jan 17 104 34 : No par * City Steel Grumman 13 "68%-Feb . 20% «• 100 common Common - >11% Jan ?.5 . 99% J 20% *93% 10 Green Bay & Western RR Green (H L) Co Inc Greenfield Tap & Die Corp 16 102% Mar 62%>Mar28,< Jan 30 Feb (B F) Greyhound Corp 2 81% Jan - ■i _1 Great Western .Sugar-corn 7% preferred * 9 Jan 26i ■ Gt Northern Iron Ore Prop__No par Gt Northern Ry 6% pfd J—..No par Jan 43% Jan s88 29% 99% 19% : ... <$2.25 Jan • /;•■ 28% 3%% preferred 100 Grayson-Robinson Stores com—1 14 - II 39 *9p ;'93 . -/■I 24% ' 12 , ,*88 > *101% 40% ;*• 24 2.50 preferred. Granite >22.% Jan >4 . /'.♦90 No par ; Grapd Union Co (The) 2 ;57% Feb Mar 28/ 1 ,'v «. . 33%.: 33% .. I 44% , , 117 *114% ul25 .8% 28% - *124 r 39 25% 33% *38%' 115 .-•■: , I 54% *57 31/4 *122 8% 443/4; 58% 20% 18% 125 6% 57% 123%; Z ,18% 26 -, ♦122 ^8%:. 8% *38% , *25% 125 ","8% 6% 10 101 ^ 19i/o 6% 99 523/, 38% • 3% 18'/,j 54% 10% 125 400 16% 118% PRICES ' 18% 31 16'% 99 117 *20 ; .270 *117% t 541/4 16%,. 44% 123% r 8,100 10% *98 . 9% 751% 58ya 51% I/ 900 9% 10'/4„, y, •:•$ per share : 102 38 % 3% • 124 *99% *20 f - 6 '/a 3,400 < 75% *29'/a 54% 6% 543/, 11% 17% • 118% ';i 1,600 156 - 17% 31 i6'A Mar. 28 52% *123% 20% *29% *117% Wednesday - $ per share 51% 9% 75»/2 16% 124% Mar. 27 $ per share 91/8 75% 170 53% 103 11% *152 17% 118% ♦114 HIGH Tuesday Mar. 26 102 ^ 126 11% 156 17% 30% 105'/a 53% *101% 76% 58 Monday 51% 124% r 58% 116% 116% 11% 45 10 *105 53% 103 *152 , 100 10% 126 > 105% *991/4 100 58% 117 105% ..'44% / 45% *99 4,700 61/2 : 10% 126% *112% $ per share preferred—.50 Graham-Paige Motors Granby Consol M S & P__ 5 Feb il6% Jan . .100% Mar 30..108% Jan. 24; 45 1 23% 9% 54 . 23% 17%: 16% 6% 231/4 11% 118 54% 6% 100 4,900 231/4 156 291/2 16% 118% 33 26 9 31% 16% 118% 4,900 *31% ♦251/4 53% *75% 6% No'par Telegraph Co -Gould-National 14 2 21 ./ H- 77 6% 6% 600 26% *101% .17% 91% 75% 2,400 33 53 % *152 ■/'. 53'/, 1100 * 28% Mar 16 31 % Feb $5 ■? 5 ,13% Jan } >21% Jan 10 page 24. . 14 10J% Jan 13 Goodrich Co 9 ■ ,.-21 % Mar 29 12 Gold & Stock 2 :38 10% Jan Nov 27 1«% Jun 9% 77 31 16% 118% 18 2,100 20% 25% 103% 11% 156 18 19'/4 21 20% *313/4 106 53 % ♦101 11% *152 17% 61/2 19'/4 21 20% 6% 23% 106 103 % 11% 156 *17% 77 117% 11% *152 18 6% 19 21% » 26 . 231/4 55 *101 100 33 25% 1061/2 54% 103% 11% 156 17'/, *106 55 *100 11% *152 106 55 103% 3,100 13,100 20 600 19 5 9% 11% 11% *19% 9,600 20% 23% 9% f 11% 20 8% 21 23% 180 39% 18'/a 23% 87 8% 20'/, No par common. convertible 9% 6,2u0 87 ; 27 39% 2iy» 6% 800 600 36 8'/, 18% *32 2,400 39% 20% 6% 11 *8% 39% *20% 33% 900 *39% ♦ 19% ' j Goebel Brewing Co 19 4% Feb 97 . 9 9% -,*19% 20% No par $5 preferred Gotham Hosiery 103% Feb 40 % Jan 11 18 Feb 4%% 86% 20% 26% 23% 3,000 11 26 20% 6% 40 42 20% . 15'A 20% 26% 23% 96 40% 80 11% / 20 180 • 20 *79% 19% *33 *94 - ♦15 20% 26% 96% 4,400 11 21% *33 *96 e 5,200 36 15% 20% 6% 19 % 96% 80 20% 1 6,000 19% 96 86% 8% :~ 9 9,900 1,500 *95'/a 35% - 41% 25% 87 9 y« No par No par ^ Goodyear Tire & Rub -18% Feb 22 10 15% 11 9% Saturday Goodall-Sanford Inc >43% Mar 17 82 7 *86 30 21% 80 19% 100 23 227/, - 20 *15 12'/4 ; Mar. 24 com. 1 10% Jan 3 Mar 28 , 87% 9% LOW 8 Feb 2 19 *15 20 :■ 40% *19% 19% _ioo 3,800 S 1 17% Feb ' 154 5 > 19 78% Mar 109 Mar 28 see 11 80% 15% *94 42% 20% ■ 11%. : preferred^ Glldden Co (The) 31 Mar 24% Feb -75 24% Jan 11 79% 1 Gleaner Harvester Corp....^. • 6 3 , „ 28 For/footnotes 9% Jan .Mar 10 Jan Mar 140 47% Mar 28 7; ;il% July 11 3 > 150 11% Jan 3 26 Aug 30 29% Dec . 41% 20 No par preferred "fj $4.50 preferred— 16 37% Feb 59 Dec 100 1 22% Feb - Mar 14 99 (23% Dec 28" •5 42% 20 .9% > $5 convertible -preferenee__No par Glmbel Frothers common 1 5 f. 30 32y2 Jan 29 ; Mar v - 20 41% 19% 19% 3%% preferred .100" Georgla-Pac Plywood As Lumb Cp__T / Gillette Safety Razor common_;__l 13 94 % Jan ♦ - ,26'/» Mar 29, ! 95% 41 20% 11 12 % , Mar 20 .13% Jan - 18 45% Mar '85 50% Dec 30 V* Feb 13 /127% Jan Apr 28 *94 ; ; 40% preferred rAVih ; 16 103% Feb - 941/4- 94 20% General 5 8 % Mar 30, 17% Feb 28 37 - Jan 8 45 96% 96 No par preferred 6% ,* 36% 12% No par 1,300 18'/, ,♦ 20% 35% 97'A 35% ,-96% - 11% STOCK Railway Signal 35% 96% 36% 97% 8,300 z - 27% 18 96% 42 ; 13 65% Jan 103% Nov 27 /Gen . , 197/, ♦95% 21% •39% .48% Feb 105% Jan -31% Sep 28 . 30 10 ,32% Jan 21 . 100 3 2% Jan 2 Mar > 25 30 3 17 A 24% Feb • / 13 % Mar 26 . • 25%,-Mar 12 2 Jan 10" Apr 18 37% Feb 28 29 Jan Oct 3 30 20 YORK 20% 94% ,*19% 8% General Portland Cement Co 1 Gen Precision Equip. Corp No par General Public Service.., lOc General Public Utilities Corp 5" 9. 101% Jan 28 1% Jan *94 - 20 36% 31%. 15'/, 94% *96% 2,100 103% ♦ 20% __1 Preferred $3.75 series 23 37% Jan 26 92 - 1Q- ^ Jan - 20 9 Feb 19 % Mar 42 % Jan July 26 103%-Jan Feb 97% 96 100 ;Gen Outdoor Advertising 10 r96% Jan 8% Maf 29 120 21% Dec 30 6 16 r t Rl61%Dec " 18% Mar 28 ; i 91% Jan 2 .' 18'/, Jan 4 :• 27% Jan 2 55 \ Jan 30,< 2 ,'-$5 ■ 6 Jan 12 ^.9% Jan-17 - •v. 11 134 > *96% 800 13% 31 . 96 *94% . 9% »General Motors Corp common '=; 130 • 94% Jan 11 f 29 Feb- Jan ; 24 y, Jan 7 Dec 12 97 * 20% - 36 19% Par 10 Feb 27% Jan Mar 29. 17% Jan 8 Jun . 90 31% May 3 59 J Oct 23 , 96 36 ■ 901 . 29 24% Jan : 34 > '21% Sep 22 /'.9l% lo 35% 6 26V* Dec 100 ; *94% 36% ♦ - ,101% / Aug 22 90% Sep 17% Dec " 24% Dec " 7x , 27 - . 29 77 % Jan 88 . 96 . 140 78% ' 13% 20% i. 125 .100: ;*122 Realty <fe Utilities. 10c 8%' 8% General Refractories ^Nopar 33%. r'33% Feb 20,; ,"39% Jan 17 / ♦'General Shoe Corp __-l 38% r'/38% Jan 2 ii9 Jan 29 Gen Steel Castings $6 pfd No par -*115 116% 3an ■ 2; -",.29% Mar 7 » General Telephone Corp __._20 : 28% ; 28% Jan 19 39 > Feb 13 Z General Time £orp common No par / 36% >37% Mar 27 <, 105',; Jan 18 preferred *101% 103% .-,100; Jan " Z t V 48--' Feb 15 ' General Tire & Rubber Co com.^.is 38% 17 ? 2 Mar 15 -112% -' - Jan 10 in - ) 32% Mar 15 : - 101% Jun 30 " 128 " May A ,-24% July 27 V: 30% May U 22 Jan 25 " ' *41% Nov 24 101" 16 20% No par ; EXCHANGE 9 21%-Jan 2 :x8V« Mar 14 , 28 j, 2. -40% Jan > 2 24% Jan . 27 \ 21% , 3 / '.:•• 20 17% July .3 / 26% Oct 19 119% Sep ' 7 / 127 Dec 20 :;"-6 July 13 ' • 8% Dec 2i ; 22% Jun 52% Mar 18% Mar 14 * . 126 V2 Jan 2 ,/>35% Jan , 18%.Feb > 98 % Mar 30 »> ,105% Jan * (14% July 13 2 -18 % Jan 3 21% Dec 26 July 13 ' 2% Sep 11, 15% 21% 50 9 per share 123% Mar 25 15 23% Apr 38 16 20% 100 common preferred 3%% convertible NEW Highest Jan 46 7 « : 12 % r. Lowest 9 per share July 13 * July 26 15 26 . ; 9 per share 15 122% Jun 102% Jan 15% 21% 12% Corp 5% Range Since Jan. 1 ; Highest 9 per share .16% 211/4 STOCKS Year 1950 Lowest « 16% 21% 20% No par Instrument Range for Previous 16% 21% 20 *16 - *101% 23 16 9% 100 1,500 18'A 12% 1 87% 78 • • 20% No par Corp.. General General Mills 18% 22% *19%, 8% 50 67% 107% 21 *26% 18% 23 40 * 3,300 4,8004,700 106% 103% 27 ■ 1,700 • > 14% *86% 26% 19% 5 Co 8 3 • 1,100 3,300 * 102% 20% 67% • 21% 5 2 Jan ■> 65 % Jan 18 22% •; .-. 51% -> "14% 31% •101% 5,200 1,100 " 102 27% 10% common General Foods Corp com ; $3.50 preferred 11% Mar 55% Mar 15 18% 231/4 No par A 2nd General 18 25 31 103 - 27% 18 86 No par Electric 103 27% 12% Corp General 43'/, Jan 6 Co 9 6% Jan 44 % conv 31% 301/4 . 103 27% 22% 26 1.66% preferred General Cigar Co Inc com 7% preferred 15 4 4% 8 Jan 111 Baking preferred $8 26 49 V2 Jan 9 50% Jun 80 General 32% 103 28 9% com General Cable Corp com 4% 1st preferred 9 13 series 11% Feb 21 Dec preferred 103% *27% 13,000 . .. 6% 50% • > -• 28% 6% 77% 13% - 57* : 28% : . 700 14% 29% 56% > 106% 13% *18% preferred Investors 19"/, Mar 19 Dec July 13 convertible $4.25 *101 32% 12% com $4.50 preferred.. General Amer Transportation 5 31% 13% No par 6 26 31 13% , , 87 15% 14% 291/4 • 67% 86 77% 13% 15% __50 General American 58% Feb 13%" 1,800- 20% 67 ♦76% .78% 77% 13% 1,600--. 23% ; . 14% ■: 106% ) 47 51 101 • 107% No par Gaylord Container Corp.. 5 Jan 14 Industries Inc 2 75 41% Jan 4%% 77 79% 5 9 103 % Jan : Mar 28 34 104 13 107% Mar Shares- 23% 15% 6% 14'% 20% 2 Jan 17 63% Mar 31 29 17 *106% 78% * •• 66% 86% 86 106% 107 *76% 32% 101 • *19% 8% (The) 11% Mar 10 159 Feb 16 25 Jun Feb Feb 21 X65% ..l common Co Garrett Corp 20% 67 % 20 convertible? Gar Wood 88% 21% 6% ■ *50'A 14% 18% __i Jan 149 21 3 88 88% 107 50% 14% i 23% 41 ..1 common preferred (The) Gardner-Denver Co 17 27% Feb 19 10 y» Jan Feb 10% Dec :5% Gamewell 9 Feb 25 26 8 24% Nov 22 12 6% Mar 29 8 25 31 Jan 23% Feb 23% Jan 12 55% Dec 12 Jan 105V2 Jan 105% Mar 9 67% ♦ 103 /. *20% 11% io lnc_l (The) 67 15 13% 28 501/4 22% *94 loo Gamble-Skogmo Inc 8 : Co ; 15 21% 107 6% *101 23% *96% - 1 common 15% % 15% 29% 16 I...10 Inc (Robert) preferred 6% " 20% Jan > 107% July 14 3 3 12 23% Jan 13 101% July 13 9% July 13 13% Jan 31 24% Nov 22 17% July 13 101% Dec 4 Jan 6y, Jan Feb 21% Jan 19'/, Mar 14 29 33 % Dec July 13 / 20 13 Dec ,40 the Week 47 / 14% ♦ 20%- 100 Gair Co Dec 8 ' .« •• 54 55i/a •28%' 29 • 28% 6% 103 15% 14% 54 ' 23% 29% *28. r ' ' 47 'A ♦ ■ " 6% - 21% No par Co ♦101 * 29 %• 23% . .100 preferred Jun 10% Oct 25 Sales fur . Mar. 30 t per share . r 14% ' 18 36% Corp 51 54" 18% *94% preferred ■; 103 38 % - .. 104 '51.115 of ser 6%. 54%' 50%' 29% 50% . 54%' 28% 6%' 21 13% Chem Corp___lo Co Stores Fruehauf 6% Jan 7% Friday / ' '• . 29% ■ 29% , 18% \ pid - 15% 14% • 66% .... 78 * 27% .. 20% 88% *101 oar ■ ' 15% /.. 108' *13% 30% ,■ Co, Froedtert Grain & Malting Co 2- 16% Jun .■ ■ cum 67% *77% . 103 ... 15% 88% . 6% 50% 21% *107 71/3 Freeport Sulphur 30% Jan' / L Mar. 2» 23 23% 15%* 15 29% H # 54 23% 15% 15 * 29 ' -29 6%. 67% No par No II convertible 9 16 : ' $ per share 47 29 " 54 104% * 3% ft preferred Foster-Wheeler Corp 29 88 2 25% Mar . Thursday Mar.>■ 9 per share 23% 13% 15 '28V+ 51 - 15%- t No par - 13% Feb Mar 13 ^ \ 23% 16 .14%, . ' . 21 _ioo Inc Machinery Ac 22% Jan : 10% Mar 28 25 19% Feb 7 " 15 47% Jan 19% Mar 27 5 Nov 32% Nov 16 / 40% Mar 13 18 12% Oct 81 4 20 27 21% Dec July 14 Jan $4.20 Food * 6%- .> , Y_~Il0 .... •46% Dec 8% July 12 .102 1 __io * •;14% 28% 29%. v'29% . *103 common__No par $4 Food Fair 8tores 101% Feb 4 56 6 Feb t, 4* 23% ♦15% 55 50% 100 Florida P.ower Ac Light Co__.No par Florsheim Shoe Class A_r.____No par Follansbee Steel Corp... 13: 100 2 98% Dec • 7* 12 40 24% Mar30 Dec Mar Jan •t ! 5 No par preferred Florence Stove Co; Florida Power Corp 1 23% Jan Mar 22 84% July 17 ' 94% July 21 27% July 12 101- 16% Mar 17 . 19% Mar 30 22 • 28% Mar 21 x par 48% • 23% ... , 16 14%. "•• 48i . *24 28%- "5 : 4%%- preferred:— Flintkote Co (The) 106% Feb 20- - $ per share * First National Stores Firth (The) Carpet Co— 32% Mar 21 2 17% Jan 22 % Mar 23 • 5 •' • *54 «, commons 16. ■ r . com__._25 V 16 \ 14% Mar Mar 22 20% Mar 17 A16 Feb .84 2 Jan 103 Aug 10 ■ Truct.;__^_lNQ '4%# preferred Felt 85 Tarrant Mfg- Co.. Ferro Enamel Corp • /■ Fidelity Phoenix Fire Ins N Firestone Tire1 & Rubber • ^ ~~i ~_~1 1 C0I.JI2 ' Federated Dept Stores , *23% x Corp Federal Motor 5* 4 107% Mar 17 ; * 2 "25 78 95 * » 76'/, Mar 20/ 94 • Federal-Mogul 21%-Mar.■■%'■■■ *. r 6 ' -11% Jan 1 27% Feb 5 14% Jan Familyfinance Corp , 48% 48% f ' Federal Mining «s Smelting. 17% Feb 19 ; 3 81% Jan 54% Feb.: .106.1 Jan ' July 13 17% July 13 ,11% Jan 17% Jan. . - <2 65 • .Jan 21 Nov 14.' 108 " * PRICES Wednesday / , Mar. 27 $ per share 9 per share j_j?o FeddersrQulgan Corp.... - 2 13% Jan - ' - % Jan 20 33% May 13 Apr . * Mar 29 • __N« par Falstafit Brewing Corp " :: -17% Feb 19' 15% Mar:. 8; -29% Mar 27, .2 47.'A'Jan 101* , V* Deo 29 108 May. o: 16 13 Fairbanks Morse A Co.J Fajardo Sugar Co- • -* : *86 15 ; Oct J^n Tuesday - 52% Jan 16. ; .26% Feb 2* •50% Jan. 2 * "62 Jan-18-23% Jan 6 :. 30% F<jb 13 , 6% Mar 26.\ 8% Feb 2 , '23% Oct. " July 17: 10% July 13 22% July 26 103 ; LOW-AND HIGH SALE J Monday ■{.Mar. 26- Par . \«5 ■ 26 . -8% Dec 28.' . July 13. 105 • ' '49% Dec 28 ; 106% May 25 ', 13% Jan 13 32% Jan 13: . 28 25 - Saturday 1 : * RECORD - * per share Jan.*2/, <.14% Jan ,,2 ■13% Jan ; 9 NEW: YORK STOCK exchange Highest — • 23 ./Mar 29 , 25% Oct 23 July 24 •2 46% .: 2 *53 ;* Nov 3 16% Lowest-/-" ,->v •■9 per share 8 •?. 17% Jun 16% July 3 -4% Feb 14 33% July 17" ' Apr 22% Jan- ,7 , July* 26* 15% Jan -3 \ 35% Mar .11./ * -Range Since Jan.'I Ai f per share- A;. . 22% Jnly> 3 : V'I2% Dec; .'v--' f 'Highest v»*V shared I per. A- ■ STOCK STOCKS * .63 c .63 > 11 /24% 63 847/, 84 84% 22% - 22% 23 101% 107 100% *107 100% 108 3,200 19,900 6 00 1*,100 9,000 660 8Q 18 NEW . Range for Previous Highest Lowest S per $ per share $ per share t per share Highest Lowest YORK share 22 % Apr 35 18 20 13% July 25 20 Jan 23 19 35% Feb 2 17%.Feb 26. 15% Jan 3 31% Dec 3 105% Jan 19 30 Hall 107 22 Mar Hanna (M A) Refrac 30 149% Dec 6 148 154 Jan 17 6% 27% Jan 12 26 ilan 2 30 Jan 5 Hart Schaffner 7% Feb 10 6% Jan 2 8 Mar 5' Hat 1 76% Jan Jun 5 % Jan 3 64% Jan 5 81 y4 Nov 8% July 13 Mar 20 81% Feb 8 Marx 24% Feb 13 8 37 Mar 8 Hecht 98 % Apr 94% Jan 17 97 Mar 8 103 Mar 20 107 25 Dec 39 49 Jun 20 25 Mar 28 27 Feb tyar 20 40% Feb 1 39% Jan 8 52% Jan 20% Jan 3 18% Jan 4 56 Feb 22% Feb 19% Dec 26 11 % Mar 6 4 12 31 Jan 17% Feb 2 18% Mar 29 12 % Jan 3 15 Jun 8 22 3 25% Mar 6 31 * 5 July 25 47% Jan Jan 9 Hollander 22% Feb 8 Holly 3 23 Dec 27% Jan 34% Jan 11 47% Nov "24 13 8 107 10% July 13 29% July 27 29% July 13 94 103 Jun July 46% Jan : 38 y2 Jan 15 33 3 9 13 Jan 2,7 15 % Feb 'A.Jan 2 36 Feb 20 36 Mar 15 97% Jan 11 53 % Feb 3%.% 67 17 Jan 50% Mar 15 6% Feb 17% Jan 3 12 18% Dec 20 1% Jan 3 4% Apr 22 25% Apr 13 58% Jan ,20% Feb 18% Jan $ per 40% Mar 15 62 25 82 y2 Jun 29 Dec 99 25 Dec 5% 60 Oct 27 52% Jun Dec 14 52% Dec 7% July 13 42% Mar 28 10% Dec Foods Jan 9 68% Dec 6 6% .Jan 2 76 Oct 9 4% Dec 29 18% Dec 21 27 171% July 13 7% July 12 100 240 * Jan 13% Apr 27% Dec 30 95 y4 Nov 9 11% Dec 14 33% Jan 25 1 July 12 3 July 25 38 % July 18 42% July 3 32% Aug 30 9% Jan 3 July 17 54 54 22% 223/4 23 20y2 84% 203% 19% 20 19% 84% 83 83 *82% 15% 15% 15% 153/B 19% 19% 11% 11% *ny4 *19% 19% 193/8 19 3% 19 19% *19 19% 19% 28V4 27% 273/4 27% 28 273/4 273/4 *27% 40% 40% 393/4 •40% 273/, 40y4 40% * *97y2 59 35 V2 99 *19V2 54% 54 *7% 32 Jan 2 10% Jan Int'l 14 *51 % 51% 53% 9% 9% • .5 ", 30 V2 ;■> ..1 78 .100 * *161 54% ,..20" 21 . 1. *10% 27 % 5 common ,100 Rubber 8% 64% No par Inc__^ Corp 99% No par 3% SYa, Jan 40% Jan 10 2 109 8% Mar 28 18 65% Mar 28 70 Jan Feb 73% Jan 2 83 Feb 19 2 53 Jan 2 69% Feb 36% May 35 Mar 1 16 > 13% Jair 18% Mar , 20 y4 Jan 8. 27% Sep 22 17% July 26 22 Dec 28 21 27% Jan 35% Dec 30 141 Jan 7% Jan 3 11 107% Mar . Dec Feb 7 Jan 8% Jan 64% Jan 30 Jan Interstate $6 * & Power Island Creek > preferred ./ Jacobs (F L) Johnson Feb 7 106% Jan * . 5 ,31% Jan 29 Jones U & Johnson Laughlin ,u s Steel com 92% Mar 28 99 Jan 3 34% Mar 30% Jan 34 Feb 5 Joy Kalamazoo Stove & Furnace 23 preferred series A_ Manufacturing Co— i.l; 25 24% 25 25 251/4 >1,300 3% 3% 20% 201/a !. Wednesday Mar. 28 106i/4 60 3/4 60 353/8 *104 % . 59 59 35% 77% 78 *161% *50 21/, 51%;" 993/4 *3% . 31/2 33/4 203 1- • 171/4 17% 163 t < . 5,200 27% r-3% 'Y *11% 11% 11% 11 % 11 273/, 27% *99% 273/4 27% 100 % 100 % 3 1041/2 ■ 3% 203 % 3% 17% - 165/s 104 > 204 • 3% 16% 14% 14% 15 15% 28 28 3/8 94 94' 265/s 93 • 34% 34% > 26% > 93 : *92 ''•* *128% 3% 3% 34% 3% 34 130%; 130% 93 ; 34% 34 1303/4 "r- 3% 3% 3% 1301/2 34 5/8 : 26% " 33% 129% 130 130 130y8 14 14 y4 52 50 50% *104 1061/2 *104 9 *8% 66 66 66% 65% .66 *66 67 66 78% 78% 78% 763/4 ,78 *78 80 *78 41% 41% 413/g 41% 41% 41% 58% 58% 59 59 58 *35% 36% 353/* 35% j- •>*8% 9V4 66 *73% 37 v 25 / '""19,700 102% 101% i6y8 93 32 " 37- 1,200 24% 16% 24% < 900 - 16% 243/s 77,900 r 2,300 *31% 31% 31 31% 33% 33'/2 33% 34 26% 26% 25% 26 5.100 21% 21% 21% 5,500 33% 34%. 33%, 2,200 400 ' " 26% 21% > 21V4 34% 343/4 33% *135% 136% *135% 25% 92% 313/8 - 24 •24% 59- *33 350 400 1,700 26% 21 y4 *64 16 %; - 80 41% 315/s 26V8 93% 35% •; 16 ^ 59 58 16 1,400 * .7 ,34% 355/b 6% 57% 200 8% 66 40% 41% 35 101% 34 Va • 211/4 203/8,'. 41% 4,500 31 % ■ 261% 136 8% 8% 357/a xl5% 24 8% 58% 25 Va 66% 66% *101% 103% 56% 573/4 26% ' *35% 16% " 8% 8% 9 % *101 104 104 105 ' 36 65% 93 14 50 %- 35 _ 430 ■ 13% 49% 32 92 130 *. 13% 49% *35 6% *19% *92 28,200 13% *311/4 , 200 3,800 34% 49 32 , ' •• 7 211/s v 11,800 • 3%,: 14 25% 6% 20% 26% 94 50% 35% 137% 390 27,100 . 13% *31% 136 f 15,500 v 48% *34% 36 1,800 34% 1703/4 14 243/4 25 10,500 51 *24% •; - > 14 25 i 3,200 ; - v 50 y8 ■ 16% 16 16% 3% 15% 15 15 26% 28 *91% 169% • .120 17% > 204 33%. 34% 15% 900 4,900 ' 203 ; : 1703/4 33% "v , 28% ' 167/a 203 . 11% 100 100 3% 163/4 33% 34% 40 4,300 170% ,-r .A-% 165 900 21 *99 3/4 28- 100% 3% 2,400 ' 52 34% 3% i 20% 171%' 171% 3 s/8 700 . 64 % 79 V 51% 343/4 • 8% 63% 4,500 52'/4 171% 15 %, ■i ' 21 341/8 94 30 2,800 20% 1713/4 '28% " *161 165 190 ; 93/4 " -34% 27% 30 100 51% 1 52 21% 171I/8 143/4 50 *8 78 34 '/a *91% 530 3,400 79 • 64% 1711/a ■; i •; 8 • *161 533/4 171/4 ■'•173/8 >2041/8 205;-,. \ - - 60 93/4 9% 8 73 - 52 600 v 353% *50 30 63% 64 79 20s/2 11% 271/2 *993/4 63 163 " 21% ' 271% 99% , .< • *10% n y8 111/8' ■> 20 3/4 - 53% ..;54 v 51%. *50 8 "■ / *59 50 ' - 51% *78 ; 165 54% > 27 . 8 8% 643/4 1,000 16,100 105 /• r ' *8 Shares 35% %"lY 51% 51% "i 62 61 105 35 the-Week 36% *36 / 106 60 ; > *50 51% 64 800 Sales for - $ per share 61% 60 5 353/8 35 511/4 Friday 36% 36% 106 106 v 60% , 3,200 • Mar. 30 - $ per share 62% 60 Yt ' 35 1 Mar. 29 36 36 623/4 51%:. 3 5/8 20% Thursday $ per share 36 *50 3% 20 20 , *20% 3 5/8 31/2 .3% 20% 2,500 PRICES ; 62 , 25 : SALE HIGH 78% - 53 % 59 31% 25% 14 V4 26% . 18,900 1633/4 78 35 y4 65% " 18% 130V2 663/4 66% *101%. 103% 56% 57 1Q: 'lOQ 5% 53 18% 9% 3% 6% 12%' 53 18% V X29% 42 V8 92 53% 18% 9% 27% *19% , Jersey Cent Pwr in Lt 4% 11 Mar 27 Mar 15 Jaeger Machine Co , 53 36 81/4 100 17 *15 18% *106 64 *15 V : 17 1,600 18 30% ' 7% 71/4 19 9% , ' 4,000 16% 30 y8 > 77 V2 *136" 1 Co- 78%, Jan 69 Mar 16 98'/2 Dec "27 6 1 7% 4,500 ;" 531/2 $ Per share - 20% 94 36 26 V8 21 y8 1 - 9,900 7% 9% 15 Vb 25 - 56 30% *161 ' 32 50c 54% 3oy8130% 171% 15% .'.10 54% 9% ; 205 ; 34% *31V4 common 200 54% 71/4 7% Tuesday Mar. 27 1, 62' 63 3% '36 26 : 21 35% Light Co. 20 523/4 AND 36 ;*8 17 y8 No par Coal *193/4 30% , 99% 59 Iowa-Illinois Gas & Elee Cd__No par Iowa » 20 V. 9»/2 27 y2 No par Stores Dept 58 20 511/4 67% *35y4 . 57% 571/2 531/4 21 y2 11% 42 25 58% Mar 27 3 25 No par No parpfd ^.00 Jewel Tea Co Ijic common No par33/4% preferred .* 100Johns Manville Corp.— No par 95 25 64 LI Shoe 56 3/8 < 16i/4 17',"'. - 20 y4 20 10( *102% 57% 573% 55% 54% 7% 105 V 57% 20 *19% 55% 2,400 98 57% .58 . 20 V4 200 34 % 34% *96% 105 57 9% 163"% 54% *73 100 *96% *102% 58% *51% 30y2 8V4 *8% *66% No par Intertype Corpi. 10 17 101% Mar 20 47 tJJL : 18 -22% Feb 4 I'. Salt ' 5 139 4 Feb 6% Mar 28 87 51% May 18 75 Jan 39 50V2 98 105 58 -!■■ • 33% *33 .3% 1 343/4 ^35 64 V4 .78 *96% *102J/2 99 1,700 25% , 3% 48 98 *50 *104V2 106% par 7% preferred— 25 International Telep & Teleg—Nd par International Utilities Corp •—5 27% Jan 24 23% Jan 19 18% Jan 1 36% July 26 48 4 14 15 7.50 International Silver common 31 Mar 24 135 18%.Sep 25 963/4 May 15 70% Mar 3 13 37% Feb 26 Limited 7;—'rLl—No preferred International t 7 35 V4 Jan 33% Mar 30 25% Jan 8 25% Feb 10 130%$ — International 44% Feb 28 2 .,100 Corp Packers preferred 5% j 35% Jan 30 1 Apr 21 27% Int'l Rys of Cent Amer com__No par 9 40 % Jan 14% ... ,.1001 International Paper common Y : $4 205 - *91% *3% 34% Preferred International i 6 46% Jan 28 61% Oct 7 171% . Canada com__Nopar Int'l Nickel of *. 30 'r 11% Jan 16 . 34%. 100 preferred International Mining 56% Jan 17 101% Mar 30 No par *4% 14% Jan 22 133% Jan 17 cdmraon preferred Int'l Hydro-Electric Sys class A..25 Minerals & Chemical com 5 3 > No par Int ; . Machines Harvester 7% 13 No par Iron Business ylnt'l 31 48% Mar 15 19 t 15% Mar 10 31% Jan 2A lT *50 ,,^._50 __50 34% 18% 60 v 33% 34% 7% 26 106 35ya preferred 3 14 28% Jan 23% July 17 35 33% 34% 183/4 > 613/e - 33 x34% 53 Vb -53% 36 . *32% 36 ♦16%, $ per share 62 No par Intercontinental Interlake Feb 14 3 4%% ; 2. 12% Jan 22 26 Jan 29% Feb Apr 54% July 19 Interchemical 96% Jan 31 33% Mar 30 129 Sep 1 9% Dec 22 Oct 4 3 % Mar 27 110 Dec 10 Jan 90 7 70 37% Feb 179 2 25 y2 Jan . 14% Aug 7 59% Sep 18 72 220% Feb 169% Mar 30 Dec 5 106 61 Ctfs tInsuranshares , 3 30 6 106 333/4 53% Mar. Sft " 13% 54V2 Monday- $ per share 13% 20% , LOW 7" 13% 133/4 900 46 % 1041/4 13% 58% 17 • 20 Mar. 24 46 % 133/4 58 V8 7 y2 7% 53% . 56 13% 58% ♦16V4 : 1,800 *1021% 59% 54% 7% 55'A 56% 1041/4 47 105% 20 % Y 5,300 *46% 58% 53%. 40% *1021/4 ♦103% *19% 20 700 401/4 47% 59 573/4 59y2 273/4 104% *97 y2 99 59 1,700 191/4 19 *27% *102% 47»/4 353/4 105% *103% 400 13% J 35% ♦97% , 7 105 % 11% *11% 100 2,900 *32% ■i 137/a 34 *32 y2 . 133/4 24% 104% 47 *102% 104 % 13% . .,v 59'/4 58% . 34 56 90 24% *13 11% 393/4 ,, 57 *551% 57% 57% 57% 46% r'47V4 *102% 104% 14 Vb 35 % *103% 41 56% 47 V4 35 ,;■/ 133/4 243/4 11% 11% 18% 18% '7 243/a 243/4 11% 113/4 *13 133/4 24i/2 25 243/4 18% 19 19 *13% 133/4 *13 25 "40% 40% 59 58 *46 A..100- Copper 1,400 11% 1000 Cons 18 3/4 19% 63 '/a ' 5,800 *11% 36V2 common 15% 25 61% preferred. preferred 15% 24% common—No par Co 4,100 83 24% *36% ser 2,100 19% 82V2 15% 15% 233/8 19% 133/4 Saturday A *22% 19% 83 193/4 Par pfd series 23 15% common.100 Co 54 200 15% V,/. ■;./ :". 1,100 541% *19% 20 ctfs Power .Inspiration 23 45 5% July 18 , Jan 6 29% Feb 27.. 5% Jan 4 July 11 r 43% *13 Si V; 7 :-7 ■■ ■ - 610 *54 isy2 19% No par Inland Steel Co 23 20% Feb July ,12 5 5 12 15 9% May 8 36% Dec 18 137 % Jun 43 13% STOCK RR /Ingersoll-Rand 6% preferred 2 101% Feb 19 8 ♦83 84% *83 3% Industrial Rayon—,—. Mar 28 25% Feb 5 22% Jun 81% Jan *53% 23% 203/8 *125% 13% Indianapolis Power & Light__No par Industria Electrica De Mex, S A 1 62% Feb 23 Jan 17 25 % Mar 31 • 3 200 6 22 Jan 53% 23 20 25% ; *, Illinois Terminal RR Co 16 Mar 28 Jan 3 16 Dec Jun 53% 23%, 19% ♦52% 3% 2oy2 non-cum conv Illinois 30 16% Mar 28 32% Oct 23 181 Aug 18 129% Dec Jan1 163 24 Mar 28 95 Mar 29 81 103 53% 23 44 ' 27 8 84 Mar 13 11 13 July 17 * 23% Jan 25 8% Mar 71% Feb 51 % Mar 30 17 1% Jan 31% Jan Mar 26 20 12% Jan Oct 100 26% stock 16 \ 25% Oct 14 14% Jan 126V2 43% 3% *19% RR 11% Jan 11V4 Dec 8 16 v 9% Mar 13 19% Jan *91 1261/a 43% *1251% 43% .'25% 6% . . cum 20'/* Nov 22 Dec 8 cum 63 29 16% Jan Illinois Central 4.08% 12% Mar 30 135 ♦1251/a 43% V 23% par Idaho Power Co 6 4.26% 28% Feb 19 30" 92 71 9 2 155% Jan Dec Feb 13 Apr 10 56% Dec 30 23% Dec 126% 1 * Jan 83 , 2,800 6.66% YORK 53% Feb 175 28 681/2 18% * 52 15 20% Jan 673/4 673/4 18% EXCHANGE share 107% Mar Mar 30 29 17 67 671% 18y2 .- Inc., 51% Mar 27 33% Mar 27 ; NEW 5 26 _ 1,700 671/8 20% 12.50 Car Motor Corp Hussraan Refrigerator Co 5 36% Feb Jun 52 19% " *19y8 1 Hupp 8 Jan Feb 19% 17V4 Hunt Feb Dec 5 191/B 54 14- 50 7 18 2. 63 49% Jan 19% *19 Va 19% 191/4 *53% 19 39% Jan 2 38 104 371/4 20 *16% Hudson i 175% 2 Jan 155 3% Dec 25% 371/4 20 23V4 (Del)—25 Texas 26 32% Mar 15 , 18 25% July 12 5% July 14 er 54% Jan 96 9 52 25% Jun 25% 37% 20 preferred a.100 Sm Ltd__No par non-cum Highest share Jan 58 8 'Dec 20 41% Mar 23 30% Nov 29 185 25% 37% 673/4 Hudson Bay Min «fe 21% Mar 4 35% Mar 15 20 60 9% Aug of Oil STOCKS $ per share 34 - 25 37 43% *27% 37 25% 37 126% - 2,300 25% 37 25% 373/4 67 3A 100 No 25% 25% 37% 43% 100 5 1033/4 *102 25% 38 *125% 5 ' 4 Hudson & Manhattan common__100 Range Since Jan. t 32% July 25 300 673/4 Howe Sound Co 5 4% Jan Lowest Highest 34% Jan Jan com 19' -28% Feb . 3V2 Mar 29 Year 1950 t per share 103 126% No par '*l02y4 No par 14% 50 ■;,,// *32l/2 preferred.- preferred Light & Power Range for Previous Lowest 102 25% • July 17 200 1033/4 *102 67% com—5 Howard Stores Corp 2 19% Mar 23 : ,; 50% Mar 13 4% Houston, 10 Jan 9 28 2 16% Feb Nov 24 8% Jan 36 43% No par. Co Houston 58% Feb 23 11% Mar 13 Corp preferred ,v 21% Jan 15% Jan 16 1 19% Mar 19 53% Dec 3o 17% Oct 7 Oil conv 18' 19 22 July 13 $2.25 26" "Mar 28 35% Mar * 99% Mar 57 11%*July 21 13 36 125% Household Finance common.._No par 65% Feb 5 11 a 36% *52% 12.50 preferred 107% Jan 104% Mar 19 58% Dec 29 1 97 *35% 68'% 15% 30 *95% 36% 44 % 53% * 700 97 126% *83 2,400 36 96 *35 'A 68 V4 20y8 24% *95% *43 V4 , 24% *35 ... 951/2 104 *102 103 102 1,500 12,400 97 36 36% *35% 36 % 101/2 71/4 36 *95% 97 36 1,700 811/2 71/8 25'% *35 353A 126% • ; __30 Mining.. Houdaille-Hershey 13 30 y2 Jan 18 preferred—;. conv $4.25 17 31 10 24% Oct 9 20V4 __10 common Hooker Electrochemical 10 19 Corp Honolulu 62% Dec July 25 & Sons (A) Sugar v,-i- 5% 29 Jan Jan 107% Dec 22 12 25% *37 5 5 19 52% Feb 105 8 Jan 56% Jun — 17 66% Jan * 11 38% Feb Mar 22 7% Aug 42% Jan 101% Mar May 24 100% Dec E) *95% 103 103 5 10 —1 — Co Paper Homestake 14 13 *95% 5 * 19 42% Feb 2 34 28 *35 1,200 71/a 10% 73/8 25 25 25 36 * 55% Mar 30 32% Jan 101 Feb 26 36 common___No par (Charles 28% Jan 14 25% 26 V2 *79% 101/4; 7 7'A 36 No par Holland Furnace Co 9 10% 7 25 Va 25- Inc Dauch & Co 2 11% Mar 26 18% Jan 120% Aug 18 29% Mar 7 12 Hinde Hires 29 Jan ioy8 73/a 36 10 Hilton Hotels Corp 21% Feb 21 9 *79% 10% 7% 25 Heyden Chemical Corp common__l 3%% preferred series A 100 13 5 17% Sep 18 25% Jun 14 14% Sep 27 81% 10% 7% 24%, <_10P preferred Powder 10 y8 *79% 10 3/8 81%' 70 150 7% 7% 811/2 7'% 160 1,200 26% 26% 7'/4 *79% io3/8 97 26% 7% 300 • 293/4 *145 27% 3,700 107 *29 150 *145 81% *79% 7 293/4 *29 300 4,000 80 *79 *106% 107 *1061/4 „ *14 79 26% 27% 35% *35% 79 29% , 7% 7% 24% 25 common Hewitt-Robins; 86% Jan 31 13 7V2 100 Motors..—t Hercules 27' 19% Sep 15 10 % Apr 16 y4 Apr Jan 78 6 W) 27% 27% 7% 35% 5% preferred _100 Hershey Chocolate common__No par 4%% preferred series A __50 Mar 29 54 23 y8 Jan 16% May July 12 20% Dec Jan 80 15 24% Mar 16 : *27% 5 t preferred., non-cum Hercules 44% Mar 12' 31 18 52% Aug 23 15% July 14 10% Jun 27 1 27V2 71% 15% *14 150 15 Co common (G 7% 127% Mar 15 4 Jun Helme 24 Feb 79 64% Mar 15 6 122% Feb 1 48 68% July 24 23 % Feb 2 18% Jan 3 69% Dec . Co 3.65% 5 37 127% Mar 13 2 14% Jan 106% Jan 31 Mar 26 102 20% Mar 29 Hazel-Atlas Glass 26 Mar 10 July 25 34 37'/a Jan 2 Oct 26 44 July 27 122% Aug 34% Jan 9 33% Mar 16 July 14 14 Jan 41 Corp 150 *145 27% - 291/a *145 150 15% 143/4 15% 1061/4 / 106% 30 29% ♦145 33% 14% 79 106% 313/4 32% 79% *141/4 143/4 31% 31% 32% 16% 15%, 16 y4 106 V* 29% 29% 30% 150 *145 1 33A%- preferred. Heinz (H J) Co common 8 *29% • 31% Jan 12 Shares 33% 15% 14% *31 32 32% 80 ♦79 107 *106% 107 10y2 28 3iy8Dec *106l/s 6% Mfg Sales for the Week share $ per 33% *31% 333/4 143/4 14% 79 10% 33% Oct 23 5 143/4 79 *79% 25% Dec 12 Mar, 29 $ per share S per share 32 15% is y2 15% 16% 15 1 25 11% Jan 11 * 80 2 20 % July 18 3 33% 100 6% Mar 13 93% Feb *31% Hayes Industries Inc 10% Mar 28 27% Jan 31% 33 y4 Hayes 10 9 7 July 17 31% 33 7% 81% 8% Jan 8% Jan 16% j__10 common 11% Oct July Mar. 28 $ per share . Friday Mar. 30 Thursday .Wednesday Mar. 27 33% *77 _100 & Corp of America 4V2% preferred 3 5 $ per share *14% com__No par preferred 22% Nov 28 141 V 5 ;_100 Co $4.25 pfd__No par Harbison-Walk 16 33% No par com. preferred conv * 32 *31 5 Printing Co (W F) 4% 2 32% Jan 28% Mar 14 25 Well Cementing Hamilton Watch Co 14' 79% Feb 11 Monday, April 2, 1951 . ' Water Halliburton Oil 15% Mar 14 14% Jan 22 73 y2 Jan 8 ios%oct Apr 11 Jan 33 14% Dec 29 66y2 July 13 104 Sep 29 28 30% Jan Feb 80% Feb 15 Hackensack 30% Feb 14 Nov 24 46 y4 8 . PRICES Tuesday . Mar. 26 $ per share Par V Monday . Mar. 24 , H 30% Dec Saturday HIGH SALE AND LOW STOCK EXCHANGE . RECORD STOCK YORK STOCKS NEW Range Since Jan. 1 Year 1950 11% Jun Financial Chronicle The Commercial and (1386) 213/s. . 34% 136% , *135% 7 6% 7*19% 91% 91% 66 66 *64 6% *101% 103% 563/4 57% 64% 64% 65 64 64 263/8 93 31 Va 253/4 92% 313/4 26% 93% 32% 25% 25% 92% 93 31% 31%: . *1013/4 1.000 136 6% 20 6% *19% 20'% 90% 6 Va 2IV2 33% 6% 20% 90% • 136 136% *19% 6% 63/8 19% 19% 92 92 *65 66 102 102 58 58% : ; 20 % 92 4,900 100 92% 220 *64% 65% 300 103% 101% 1013/4 140 57% 57% 57 % 8,800 65 65 66 % 800 ;66 56% *64 - 25% 25% 92% 92% *92% 31 32 y8. 25% 25% • 46,200 93 1,130 31% 4,600 14% 14% 2,500 23 7 b 24 8,000 31 K 9 22- Mar 24 Dec 5 98% Jan 25 103% July 13 43 July 3 57% July 13 14% July 26 16% Dec 29 14 /8 Mar 30 18% Jan 25% Sep 103% Apr 9 15 23 k Mar 30r' * 25%.'Jan 16 10 98 103% Feb 1 109% May 18 663/4 Dec 19 ,70% Nov 19 2o./ ^ar27t 02 /4 Mar 28 18 Mar 67/2 Jan 30 14% Nov 27 13 28% Dec 30 16% Jan 30 25% Oct 23 see page 17,. 6 10% Jun 20% Jan For footnotes Mar 14 101/ 13/2 Mar 29f 2? Jan ,an 24% 1/ 24. 3 2- 188 > 3.80%. "preferred.' Jan 5 t 753/4 Feb • 8 > 703/s Feb 24 100 — 4%i. cum preferred-.J..: Kansas 4% City 100 Southern com__No par preferred 100 non-cunu '17% Mar l Kansas Power & LighlfCo 153/i Feb 6 Kayser 313/4 Feb 26 30% Feb 24 ; 10 ' Kansas City Pr/ds Lt Co'ciom.No par (Julius) & Kelsey Hayes Wheel Class B' conv 8.75 5 Co *15% 15% 243/8 105 973/4 ♦ 106 105 24% *96 973/4 64 69 69 16% 16% 16% 16 3/4 14 14 13% 13% *30% 31% __1 *29 % 29% *30% - 29 15 143/4 1434 15% 24 24% 97% *96 973/4 *96 97% *96 97% 105% *105 105% 105 105% *105 105% 20 63 V4 2,900 681/2 600 16% 3,000 24% 24% 62% 64 63 62% 68 68 631% 63% ' . 64% 68% 64% 69% ^ 105 106 64% 64% *69 class A^.l I 24 3^ *96 - 15% 153/a 241/4 15% 24% *96: 68% 16% 16% 16% 13% 1334 1334 137/a 13% 13% 13% 13% 2,300 31 30% 30% *30% 31 1,800 293/a 23% 29 28% 29 1,900 r x68 68 *66% ' 31 31% 31% 20% 29 29 29% 29 16% 15% 16% 16% Volume 173 Number 4999 . . The Commercial and Financial Chronicle . NEW Lowest Range Since Jan. Highest Lowest $ per share $ per share 1 NEW YORK 49 V« Apr 3 * 157s Dec 28 lOVs Mar 15 1 79% Jan 63% Oct 17 17 57 2 67% Feb 25% Jan 29 3 ' 27% May 24 23% Mar 29 47 Va Nov 27 13 % July 20 20 14 42% Mar 15 17% Mar 20 67% Aug 11 76% Nov 24 72 Jau 24 37 Nov 2 101 13 24% July 12 Nov 24 36 Jan 93 % Jan 9 Dec 1 98 26 42% Jan 6 36 % Jan Jan 5 52 % Jan 29 35% Dec 27 6 . 62 July 13 3% Jun 42% Dec 22% Jan ' 25 Jan 22 Oct Sep >28 18 56 94 Jan 24 25% May 38% July 13 4% Jan 3 14 ' - 1% Jun 12 14% Jun 25 30 ■ 3 Dec 4'/a Apr 20 51 July 17 Dec Dec 9 v 67 Dec July 17 24% Jan 30% Dec 15 <7% Jan 3 65V2 Jan Dec 38 . 15 Jun 29 187 / 28% July 26 57% July 5 2 20 41 ~27 28% Feb 14% July 12 71 Aug ' ' •' 81% Apr 23% Jan <" 13 14% July 12 60'/a July 26 21 % 11 38% Dec ■ 18 18% Oct - 1 4, 28 i Mar 23 '< * Feb x81 July 174 7 29% Dec . * 15% Jan- 2 Jan 5 2 J 2 ' 12% Jan 22 * 19 8- >.-«36% May 23 34% Jan V 3mv.^50% Dec 22% Mar 24 .38% Sep 1 Mar 29 17 49% Jan 18% Feb- 30 T01 - 19 21 25% Jan " > $ per share 44% 44'% 44'% 43% 44% 43% 44% 43% 44 7,500 *17% 18 18 *17% 18 *75 76 • 76 • 44 42 3% 100 54 Va t>4 37 /38»% *48 42% 43 % 98 Va *97% 98% 90 38% 38% 38% 39% 38% 38% 4,700 56 56 56 37% 37% 37% 38% 39 56 56 37'% 373% 73% 7'% *7'% 7'% 253% 7% 253% 12% 12'% 42% 99 *98 7% 12'% *55 37% 7»% 26 . 7'% 7'% 253/4 25 7% 7% 25% 7% 7'% 7% *7'% . *48 49 123% 127/8 *4B 49 24 Va iu 10 101 59 *24 101 *98 , 25 7% 123% 12% 123% 12% 1 101 48 48'% 39% 39% 40 900 *57% 58 59 59 1,100 *48 10 *23% 24 101 48 48% 48'% 48% par 12 12% 12'% 12'%' 2% 2'% 49'% *48% 99% 99% 100 93% 9% 9% 93% 6,500 *47'% 48% 47% 47'% 1,200 113% 483% 48 . 12»% 11% 12 Vb 12,200 2 Vs 10,700 ' 1 2% 12 72 lV°/af 1 i' % ; 17% par ♦173% 173% 173% 17% • 40O 12% 12'% 12% 123/4 12% 127/a 3,400 3,300 23 7% 23'% 233/a X22% 22% 22% 23'% 34% 3°34, a*,:' 33.% ,34% 9'/s 68'% 683% 123/8 12% 12'% 12'% 12% 12'% 24 24 24 24 233% 34'% 34% 25 34'% 9 9% 74 343% - 6 5% X68 •73 1733% 733% 73 7% 173 9'% 35'% 34 1733% *174 ; 174% *51 ' 52'%' 51'% 51'% 83'% 83% 83 83 Nn par,, • 173% '411% 40'% 40% *50'% 35% 73 7% 40 Va 41 / 173 • 1731- * 41'% 73% 19 r 183% i8% '18% *76% 773% 763% "34% 35'% , i 59% Feb 39 4 Feb 7% 34/ I 16% par 73% 400 73'% 41 , ; 353/8 73% 6,900 173'% 1733% . 51 40 : 18'% 76'% ia 460 51% 41% 413% Vr, 40% 41 18 600 513% I- ' . 18'% 40'% ; 400 7,800 2,500 ' 76'% 9 343% 18'% 18 *73 *73'% 78 79 800 , ...; 77%- 78'/a 38 3% 383% 37 38 7% 133% 13 5% 13 3% 133% 133% 22 3% 23 22% 22 % 22'% 223% fV 32 , ;■ 163% 81% 37 36% 38% 3,000 4,500 13% 79'% 38'% 13% 23% 163% 77% 38'% 13 7/8 16'% 36% 13% 13'% 13% 18,700 16'% 16'% 16% 77 - V» ' & No Nashville——, ^ *160 ; paf 4 , , 22 34% 31'% 31 51% 30'% 31'% ■ 30 307% •100 102'% *100 35 187,000 1,200 35y8 30'% 40 53'% 30'% 102'% 363% 24,700 i3« • 164 52 102% 31 *100 22% 32 *160 31 • 515% 20,800 83 31'/a 22'% A, 164 51 313%, 50'% 51% 51'% 52 X313% *160 16'% 81% 22'% 32 ■ !64A •160 32 30 7% ♦100 1021% 32 ' 32 160 102'% 30'% 31'% *100 160 32'% 52 523A 30'% 100 . *31% 32 52% >.50 & Sons Inc com„l 164 *160 164 32 '% fV •< 32 H 12,600 79% ' 163% 77 • 343/a 34'% 16'% 34'% s preferred series A__ 3,400 30% 4,000 102 Va ♦100 ' Lukens 1 35 16% - 23 'A i , 34% •• , 133/4. IllllOO preferred___ 4 % %' 77 , 38%\39% . Lowenstein 1M) *- i 35 16% 77V s — Loiiisville 5 > tt '. .No par Corp_.i—^ .No Louisville Gas & Eifec Co (Ky) 19 43% Feb Cement "j, (P) Co common-—, Rights 13 Feb * •103 Star Steel ' • Co__ • ——10 36 36% 36% AND 36% 35'% 36 HIGH 35'% • 353/8 36'% 2,700 .» ' ♦ ■;/ , STOCKS '•» : Range Sines Jan. 1 Lowest V, $ per share LOW NEW YORK STOCK Saturday Monday Mar. 24 Mar. 26 Mar. 27 • $ per share ,4 PRICES SALE Tuesday EXCHANGE ■r Highest $ per share $ per share Par Mai. 29 Sales for the Week Shares $ per share $ per share $ per share $ per share -J. Friday Mar. 30 Thursday Wednesday Mar. 28 ! M ' i 11% Feb 28 36% Aug 135% Mar 17 8% Dec Sep 19 4 14 % Jan. lou 510 323/b Jan luo - Mar 2 Jan 2 26 6% 203/4 Feb 17 Mack 38 12 Feb 2 1033/b Jan •, 2 14 VB Apr 18 8 Mar 30 10 Jan 29 Mar 28 36'% Jan 19 12 Va Jail July 550 5 - 16 Apr Jan 17 Feb Mandel Bros 23 22 13 27 3 4 33% Dec ! 13 103% Sep 21 Vb Dec . 17 29 30% Jan - 15 31% Nov 22 29 26 173 185 45% July 13 Sep 59 Nov Jan 12 Jan 30 Feb 17% Jan 9 100 Aug 18 18 96% Dec 22 100 87 Jan 10 90 11% Jan 3 42 % Jan 52 July 3 30% Dec 99 49 . • 9 May 40 Va Nov Jan 10 9 58 5 5 95% Nov x20% Jan 27 4 39 V2 Mar 29 223/4 Jan 2 60 Jan 9 24 Jan.23 Oct 11 9 • 17% Nov 20 161/2 Jan 53 — 24 - 29 3,500 30 Vs 8'% ,30'% 2,400 2,300 16'% , 29% 163% *530 10% *10% X: ; 565 11 97b •9'% 163/b II,300 23'% 09 22% 23 *530 10 565 - *22% *12 ■'••* 10% *9'% , J ' *223/4 —No par preferred 88 ^45% No para \ 8 43 8'% : 43 ' 43% 5 9% 9% 9% 323/4 193% 19'% 19'% 43% 4% 43/8 4% : 32'% 31'% 31% V 31'% 313% 102 17'% 17 7% 32 ♦101'% 102 17% 17% 10,000 12'% 12'% 32 32% 2,400 4,600 19 19 3,700 33% 5,400 31% 32'% 183% 183% ; 96 oj 15% ',..*47% 32% 33% 33'% *170 175 173 67 67 66 66% 663% 66% 94% 94'% 94% 94% 94% 96 3% *94'% 96 943% 94% 85 *83 86 94% ■■■; 94% 95% *95 97 88 >85 15% : 15'% 15% ■•.",■ , *83 15% 15 46 3% 4? .. *46 48% 203/8 21% 21'% 22 14% 15'% . 48'% *46% 20 175 173 ♦ *84 /WE *170 67 .7 94'% 97'% 88" 32 3% 333%. 430 12% 12'% 32% 19, 19 2,500 173% 12% r . 102 177 667s 710 1 1013% 12'% ■» 333/4 ♦173 95'% 93 *84 ,^r 93% 434 31'% 12% 32 67'.4 300 3,000 2,700 11,500 *4% 18 12% 67 96% ■• 173% 12% 33'% 1,300 10 8% ' ,97 96% V 8'% % ( 17 18'% 323% 32% 323% ♦173 'j 177 + ' 10 3% 23'% 1013% 19 68 *95% ;-.*84 j b ,43 43 42% "f"- 101 12'% . 33% 177 67% 101 31% 20 *173 5 ,V4>% 32% '32% 32'% ' 101'% 173% 323% 20 . 9% 565 • 2Vs 7% 8 3% 43% , 43% 97s 4'% 32'% 12% • 83/e 43% 8 3% 9 8% 101% 18% 18'% . 100 common— common 9,900 333% 100'% 8'% 16'% 163% 10 Va V "10 43'% *4% 103 32% cumulative Co 23 17% 33% 8 33% 100'% *8'% 29% 15% ♦540 11 *9'% 10'% 9 7s 4% 32'% 1" - Corp —-No park McCord Corp common— 3 65 3/4 Feb 16 Feb 26% Feb - McGraw Electric McKesson 16 McLellan • .. 19% Jan 19 26 .2 26 4% 16 Melville 8„. 64 Feb 9 9 2 Merch 9 Merck 16 8% Mar 25 ,'•741/4 Mar .. 6G% Dec 28 60 Jan 27 92 Mar 27 34V4 July 12 24- Jan* 101 ' Jan '28 Jan 56 Jan Co---,—1 1041% Jan Apr 12 104% Nov 28 104% Mar 27 .,.98 : 20% Mar 7 (TJie) preferred 10 > Machine '3.85% Mar 28 217/8 Feb 17 Miami 53'/4 Mar 15 60'A Jan 30 Mid-Continent *18 Jan 2 20 41% Jan 2 48% Feb Mar 18 17% Dec 28 16% Mar 28 16 Dec 29 133% Mar 28 18 3% Jan 42% Dec 11 41% Jan 46 111% Jan 122 131 Jan 3 1 139 Mar 213% Feb •; *46 2,700 " 210 — 200 10 86 15 " 8,600 48% 200 113 footnotes see Dec 30 page 24. Feb *101'% 473% , 20 20% 13,100 21'% 21% 213% 22'% 1,600 *423%- 43% *423% 43% 38% 38% 37 3% 38% *101'% 1023% *101'% 102% 50 473% 47% 417s 48% 2,000 / 20'% 42% 39 1023% 48 ,*37 40'% 24% *25 25% 17'% 253/e *17 17'% *17 Ve *57 24% 25 99% 99'% . 62 *60'% 62% *60'% 25'% 19% 19 '/a 56% 19 19'% 57 56'% 56% 57 1,300 393% 39'% 39'% \ 40 40 1,000 25 243% 24% ;. 24 3% 24% 2,100 , 37% °8'% . 69 *93 19'% - *8'%' 8% ,693% 18'% 62 *8'%: ' 187% 19 *8'% 8% 67'% 68 69 92 92 94'% 253/4 253% 253% 253% *25'% 51 49% 4934 *49% *90 253% 50'% 50 Middle Midland 16 preferred series 2' 26 ; 100 . 101% 106 *98% 18'% 5 101'% 101'% 1C0 1053% 104% *99 104% *98% 100 49 100 *1047/a *100 *104% .. 100 *98'% *1047/e *98% lfO 18% 18'% 18'% 18% 56% 56'% 56'% Petroleum.™ South Utilities Steel Prod 10 / Inc—No par common. 5 1 , ,8% 1st preferred —*—-•—100 Minneap, & St Louis Ry No pai 3.20% conv * Regulator-- 2.1.50 pfd series A——100 18 Ve 45'% 137' 18'% Minn St P ft SS Marie—;—No par Common 56'% 563%. 18'% 18% 44'% 44'% 18'% . 18'/a *44'% 45'% 137 ; 18'% 137 ...17% 18% 44% *136%. 137% 137 17%, ;..17% 17 7% 13% 14 14 14 45 45'% 44'% 45i% 120'% 119% 119'% 13% „ •' i 120'% •'* ^ 45 ■ 121 62 18 % 25% 19 18% 58 19 . 8% ; 69 3% 69% 93 *90 r 150 19 2,900 *8'% 8% 56% 18% 44 137% 16% 17% 70'% 707/a *90 93 ' 93 ' . • 3,100 200 243% 24'% 24% 700 48 3% 48 3% 48% 1,700 100'% 99 99 24'% 100'% 1053% ' 70 8'% "48 *1047% *98'% 100 *136 3% , 6,100 58 18% . «QQ 25'% 49'% 553% 43 Va 19 Vs 190 -— 5,000 *55 Vs 19 *8'% 105 Va " • 55'% 18'% 18'% 43'% 43% *1363% 137'% 17 17% 104% 100 30 ; 10 98 18 173% 55'% 104 98 100 173% 18% 18'% , . 25% ' " 17% 18 3% 56 *60 25% " "25'% • 2 9 5 Copper 5 5 Scott—No par Co—— 62 ' '69 70'% 93 2,400 9/1 *55 Vs 58 . 400 24% 98 25'% , 183% •*55'/8 19% 18% 17% 24'% 99 *60 „ 25% 58% *56 8'% 253/s *17'/a 24 % 99 , 173% 243% 99 *59'% < 56'% *17'% 17'% 24 7% 99 62 93 • r 17 Vs 243% - V *• X 200 24% 25s% 25% 18% 57'% 19'% " 393% 100 25% 19'% 60 800 51 25 247s 253% 37'% 260 *36 17'% *99 25% *37 37'% * 40'% 25'% 101 . 37% 40'% 17'% 21 57% 57'% 40'% , 423% *38'% 49 37'% 57 •19'% No par Minneapolis-Honeywell Mar *37% ■ 101'% 48% 573% *183i pfd_100 preferred series--—.—100 4.35% 30 39 48% 38'% *57 - Metropolitan Edison 3.90% 3 139% Nov 102 43'% 39 101% 40% 25% ,« . *—1 common Merritt-Chapman 6s Mesta 21 : • 54% Nov 48'% 37%/ > *61 1 Mln Transp Co——No par/ Ss Co Inc common——50c 1043/4 Feb 13 101% 493% *25 8t 107 Va Jan July 18 102'% *99% preferred (1st series) __50 Mar 30 "17% *42% ... 24% ; convertible ISt preferred—50' Stores Co Inc 3% $3.50 24 110 29 '5% 5 Mar 29 Mar 30 49% Nov 27 107% Sep 22 ' 2 48 99 , July 13 Men gel Co 12 7 , 22% 22 43i/a 39 57'% Mercantile 6% Jan 3 *423% *38% 22% *39% Inc__—18 Shoe Corp 21'% Feb '2 43% ; * 223% 7 22 •" Stores 2nd '22% Feb 16 loi.: Dec v Jan Jan 22 39'% 37% , ■ McQuay Norrls Mfg Co—,— 10 Corp common—. No par V 4'%% preferred (1st series)—100 26'% Jan Jan < 39'% 49% 4 Mead Mar 20 67 , ■ '27% Jan 100 ,22 *102 Co—, & .Robbins *22'%"." 223% 22% *423% —-—50/ iw——1, McGraw-Hil) PubllShlng_l_^^No par * Mclntyre Porcupine Mines— 5; 15 "• *21'% McCrory Stores Corp common 1 3%% convertible preferred—100 2 '44% 1-. Preferred 8 ■39% Feb 18 30 For , ; No par No par McCall 23 52 57% Dec 10 $3 9 50% Feb 27 23 Jan Maytag 8 20 38% Feb July 17 1 ...— cum 23 1001/2 Jan Nov 28 31 29 - 565 *10% *22'% *9'% 8'/a » ,32% preferred ' No par pfd 1947 series__No par pfd—x,—No par $3.75 9% ,*101% —100 preferred $3.40 19 Jan Nov 7% Jan .# 6 99 17'/a ♦540 103% 43% 8% No par Co__— Dept Stores $3.75 ■ 3 '42% Mar 4 2 ^ 19% 7 3 7% May 7 23% Jan 2 2 19% Dec 8% July Electric 31 Feb ,.;44 5 17 3 10% Jun 24 47'% Mar 16 4 42% Mar 17 15% Jan Jan 28% Jan 20 V2 Jan 233/4 Jan 64 37% July 17 Dec Mar 30 16% 23 . 43% 9% *43% 100 Co_— L) V 24'%; 8% Mathieson Chemical Corp com_.»—5 2 16% Feb 17 93% Jan 27% Jan 101% Feb 21 102 % July (Glenn Master 21 913% Jan 30% 17'% 10% 10 43 r". , 9 25 Jan Feb 101V2 Mar 10 11 13 6% Aug 11 ,39% Jan 13 ■12 prior pfd Martin-Parry CorpCorp j *9'% 1 preferred— Martin 11 *23 5 Masonlte 3 Jan 101 »/2 Feb Mar 28 13% Jan 493/4 Jan : 18% Aug 16 July 17 16 r 32% Oct 6 Jan 373% Feb 2 ...■94% Nov 27 3 x21% July 19 . 4Va% 16. 183 Mar 26 37% Jan 3 42% Feb r4% Jan Jan 45% Jan 21 26 Va Jan , 10 Va lo 101% Mar 26 52% Mar 15 44 July 13 33% July 13 42 Jan 23% Feb 'Mar 28 32% Jan 3 21% July 13 32% Jan 27 18 2 30% 565 •540 565 —6.25' & Co com 29 20 Aug 17 105 39% July 27 30% July 17 Jan Marshall Field 11 43 25 37% Jun July 19 12% Apr 14% Jan 5 331/2 Jan 943/4 Mar 30 23% May 11 16 82 6% 21% Jan 323% 40% 140 *99»% 18 '' Corp— Market St Ry •14% Jan 57 85 '• Mar 28 27% Sep 13 July Midland 3 5 ..173% ' I,000 y ■ 19% July 14 39 Marine 6 93 ■ 17% May 11 13 18 i 29 • 8 Dec 30'% 17'% ♦133 17% ' ' 8'% 8 Va - 8% *8'% , *40 40% ♦99'% 34 101 •99% *17'% 17% 140 -17% 18 33'% . 101 *40 ♦133 ? 140 17% 33% ♦997/s 83% • 29% • 173% 17% 11 ' 5 27 6 1 32 ' 33% 33'% 101 8 3% 8% *540 par: : 105'% Feb Mar 23 Mar Shirt- 38'% Feb Mar 27 12 '—X—-—-No Feb Jan 31 1- Maracaibo Oil Exploration Marathon Corp —! % 5 33'% *99 7% •133 18'% 18. 40% ♦391% 41 140 18'% 34 8% : 50» Co__ 9% Jan 31% Mar 29 18 Manhattan 45 r » *40 r 140 ; 18 102 33% *99% - •135 18'% ♦135 41 *40 •- 140 : 18 *17'% • 10% Feb I' 101 Jan 253/4 Jan'31 2 4% Mar v 97 5 Jan 9 • 18% Nov 3 573 2 37J/« Jan ... 25 32 Jan 2 7% Mar 28 29 13% May 30 12% July 13 24% July 27 175 16 9% Nov 9% July 19 Dec Sugar 19 VB May 7 9% Jan Manati ' 25 31 Mahoning Coal RR Co„ 22 12 38% Dec 3 100 Vb Aug 28 133% Jan 9% Oct Apr 19 23% Jan Feb 10 3/8 Mar 15 2 - 100 Square Garden—-No par Magma Copper —; —.—.—10? Magnavox Co (The)— 1? 10 Jan . Madison 17% Mar 16 41 *40 '*135 ^No par. com 530 23% Oct 8% July 25 18 VB Co Inc preferred series A 9 Jan 10 100* i"% 7"74 17% 17'% 17% 17% 5 12% Aug 30 9% Dec 27 4 6% July 13 25 Jan 2 : 5 Inc__. (R H) 4%% 9 '24% Apr 3 preferredTrucks Macy 13 28 IVs Jan 15 42 - 1;/T' • M & M Wood Working Co MacAndrews 6s Forbes common 142% Feb 8 173/b Mar 29[ 35% Dec 7% Mar 30 125 Jan. 18% Mar 19 12 10% Jan 13 . Mar 30 15 106 2 38 7s Mar 13 139 18% Dec 19 ,34% May 25 J » 26 , -28% July 17 lt>- Dec 143 3 11% Mar 31 May 42 8 8,400 10,200 ; 353% 600 k 40% 18'% 7 6% 1,700 . 83'% X40 i 18% 773/4 9 ; 174 51 50 7% 34'% *18'% *763/8 „X 353% 174 ' 50 7% 83'% 513% 84 84 " 9 9 ■' 353% 733% 5% 333% 9 *35 9'% 9 35% 353% 73 743/8 9'% • • *35% 36'% 1,000 57s 68'% „ 5% 68 3% *5% 683% 9'%' 11 Va *5% 67% 5% 68% 34 Ve 17'% " 68'% *5% 68% *35% ...17'% 17'% 68 *5% 1 ■ *2 2'% 683% 5% par 6 2 173% 17'% 17'% */4 2 2 2'% 2 2% 400 24 *23% *99% 24'% 101 *98 , ' 25 140 49 *38% 57% 4 100 — 7 3 8 3% 24'% 24% *98 1,300 2,000 1,500 25% 57'% . 10 9% 10'% 39'% 59 24'% 24% 241% *98 39'% 583% *58 60 14,100 7'% 73/8 25% 383% *<*o ta 383% 38% 39'% r_No par -No par Corp 7% 7'% 7'% 123% 12'% , 2,100 253% . 1 39 *58% 3 com 37% 37% 73/8 600 56 *55 1 12'% 14,000 42% *97 Va 54 Va 7% 100 77 *75 76 43 98 37'% 26 } 75 1 1 42% 98 39 va * 18 433% 43 99 37 IVA V *17% 18 *17% 18 *17% 43% 99 38% 7- ' 17 .1' 32% Mar 19 2 Highest $ per share ?■ 44'% ; Year 1950 ... Cup Co oil Co_I Lorillard 3 • Jan Range for Previous Lowest 1,800 1 44% 7%, Long Bell Lumber (Md) A—, .No paf Long Island Lighting Co___U .No par •• * Belt Lone Mar 22 Mar 28 Jan 30 % Jan 30% Dec 30 23% 26 10 — Lockheed Aircraft Corp__ Loew's Inc J— 9 Jan 467a Feb 170 3 4 102% Dec > 17% Jun 29 60% 23 Va 37 Liquid Carbonic Corp com—-No par <3%% convertible preferred—10C 143/4 Mar 12 •' 4 21 . 97% Feb ! 5 13 ;83 Mar 27 30% Jan 21 60% 23'/a , 160 4 Jan Tulip Lion 13 42% Feb 60% 23% 41 Lily 13 Feb 60 54% 5 preferred -iX. Link 16 217/B Feb ,( 61 23% 38% par Corp_, Mar 30 46 7% . Mar 22 413% Mar 26 164 9 87% Jan 75 Mar 16 28% Aug 17 13% Sep 29 22% July 18 Liggett & Myers Tobacco^ Jan .27% Jan 81 July 17 >. Aug 1 * ■ 33% Mar 15 - '3 , 15 76'/a Mar 28 , i1.' Life Savers Jan t 177/b Jan j 17 <,'•.*•• ■ . ; 3 • 10% Feb i 60 V* 23 Va *99% > No par 19 '.i 53 Mar 28 - Libby-Owens-Ford Glass Co_, Libby McNeill & Libby_— 184 Mar 29 X40 44% Nov~24 21% Jan 9 / Lerner Stores Corp 3 36 % Mar 16 Jan 2 77% Mar 15 ; 61 23'% 5 « 39 t 82% Oct 27 - Lehn & Fink Products « Mar 27 61 23% 100 5 73% 61 . 18 3,700 73% 23'% 4 347/e Feb 2 .173 Jan 14,100 127a 60 pfd_75 Pesos Mex 273/B Feb 72% Mar 15 Mar 31 10 14 9 8% Jan 3 45 % Nov v, 70% Feb 2 33% Jan : Oct 28 . 89 Va Jan 18 2 Shares 127s 74% 13Vs 75'% 74'% Sales for the Week $ per share 23 Va 43 10 & Sons Co common $ per share 74 5% Mar. 29 $ per share 61% *75 par (The)L._i.__—_„No .3.85% preferred 22 8% Jan Co 73'% Friday Mar. 30 Thursday Mar. 28 $ per share 23% *17% __10 Lehigh Coal' & Navigation Co Lehigh Portland Cement Lehigh Valley RR——No Lehigh Valley Coal com$3 non-cum 1st preferred—No ; 50c r.cn-cum 2nd pfd —No Lehman Corp (The) 17 Jan 1.. Jan t x22% Mar 29 31V2 Jan 3 23 2 11% Jan 9 39 % Aug 28 9'% Oct 19 , 30% Aug 25 V Consolidad 6% Lees (James) 19 15% Feb Mar 14 1 No par. No par (The) *7 3'/a • 44% • — 5 16 53% Jan 5% Mar 28 13% Oct 23 July 13 3 15 11% Mar 28 28 19 5 25% Feb 171/b Mar 29 ; & Cq Co Lambert 18 2 Co-, H) $ per share Wednesday . 6L Lane Bryant common__.;—__No par, 4%% preferred' 50 Lane-Wells Co -: 1 Lee Rubber & Tire 9 Feb 66 11% Jan 29 9 177 51% Feb 46 Va Mar 15 29 par Laclede Gas Co___ 100 % Feb 29 22 7s Deo Kroger 1 15 Jan IS S) (S Mar. 27 23% - 100 La Mar 9% Mar 30 28 Kress 10 413/4 Feb Jan 99 /9%Dec 29 50% Jan 7 Kresge 27% Mar 14 147/b Feb 6 21% Jan 9 100% Sep July 13 * 7 5 PRICES SALE Tuesday Mar. 26 C 73 Ve par. preferred 8 42V2 Jan 34% Jan 62 Va ;4Ve. 7% Feb-27 11 Va Jan 37 3 73 i 2 , 20 7 38% Jan 22% Jan- 47% Jan 25 19 407% Jan 6% Feb 25 12% Jun 15 13 39% Mar Jan 10 7 Feb 56 Ve Mar 13 16 25 % Oct : Mar 13 44% Mar 21 103 * 36% Feb 7% Nov 24 7% Dec 20 i 28 19% July 12 10 Va Jun 5 3 Monday $ per share No par County Land Co Keystone Steel & Wire Co—No Kimberly-Clarke Corp —No Kinney (G R) Co common : .$5 prior. preferred —No Koppers Co Inc common ; 10 76 , 5 July 12 34% Dec 20 $0 Feb 19% Jan Mar 28 35% Dec 50 - Paf Kern Jan HIGH AND Saturday Mar. 24 Nennecott Copper 13 15% Jan ; , L. 45 Va Mar 24 RECORD LOW STOCK : EXCHANGE $ per share Jan STOCK STOCKS Highest $ per share 19 A YORK Range for Previous Year 1950 (1387) 18'/a 3,400 55'% 56 3,900 18% 44'% 137 18% 45 137 24,100 1,200 30 3,703 17% 17'% 4,100 *14 133% 14'% 133% 133% 13% 14 -45% 44% 45'% >44% 44% 447/a 44% 4,803 118 Va 1,280 \ 121 120 120 118'% 119 118 I The Commercial and Financial Chronicle (1388) 20 YORK NEW Range for Previous $ per Range Since Jan. 1 / Highest Lowest S per share $ per share share 44 19 107 27 18% Jan 2 xl05 5 Jan 21 Dec 84 Nov 10 83% Jan 2 24% Feb 93% Feb 16 27% Dec 27 25% Jan 2 32 27% July 26 34% Mar 20 29% Jan 46% Jan 25 73 73 9% Jan 3 4% Jan 21% Jan 3 3 4% Feb 10 27 Dec 28 Mar. 26 Apr 11% Jan 54 3 13% Mar 73% Mar 9 Mo-Kan-Texas 9 31% Dec 30 21% Jan 19 33% Mar 12 t Missouri Pac RR 5% 41% Oct 6 34% Jan 2 14% Jan 2 39% Feb 16% Feb Mohawk 16% Nov 20 July 26 10% Jun 16% Jan 10 10 Mar 15 24% Jan 5 73 Jan 25 84 Feb 11% Jan 2 15 Mar 22 Dec~21 77% 30 13% Feb 3 19% July 13 49% July 13 23% May 11 67% NOV 24 21% Jan 12% Jun 27 16% Dec 29 15% Dec 29 20% Jan 57 26% Jan 42% Aug 24 30% Nov 14 3 20% July 17 13% Mar 25 12% Jan 9 Jun 29 44 Jun 29 108% July 12 15 14 Oct 16% Jan 53% Jun Motor 15% Feb 26 Jan 31% 31% 31% 31% 31 31% 30% 303% 30% 3034 2,900 80% 81% 80% 81% 78 80% 79 79% 783% 79 14 14% 13% 14 14% 14% 14% 14% 3,500 6,300 14% 11% 11% 11% 10% 11 % 10% 11% 33,800 65% 64% 65% 62% 65 63 643% 633/, 64% 23,200 pfd-100 20 28 % 30% 28% 30 29% 30% 28% 30 '/, 29% 30% 28 30 60,100 *37% 33% *37% 37% 38% 38% *37 *37 38 1.25 15% 15% 15% 15% 15% 15% 15 19 19 18% 19% 19 19 5 77% 77% 76% 77 76% 77% ft 15 15 14% 14% 14% 14% 14% Co 38 15 15 15 143/4 14% 1.3QO 18% 19 19 19% 19% 19% 1,700 75% 76% 75% 76% 76% 77V2 14% 14% 14% 14% 143% 23 23% 24 23% 24 12.200 16,800 23% 23% 23 23% 23 23% 69 69% 68% 68% 68 68% 67% 68% 68 68% 68% 8 16% 15% 16 15% 16 15% 16 16 16 16 No par 49% 15% 17 *16% 3 Co 4 23% Feb 27 Mar 26 49% Feb 28 52 Jan 62% Mar 27 2 6.300 7,800 703/2 16 *16% 28% 28% 5 1 28 % 28% 19 19% 28'A 18% 28 18% 13% 13% *13% 14 *52% 18% 53% *133/2 27% 273/4 28 'A *27% 28 27%" 273/4 1,000 181/2 18% 19% 19 193/4 4,500 18% 18 18% 18 18 % 7,200 14 14 1,200 52 52 109% 110% 109'A 21% 20% 20% 20% 21 *45% 46 45 *58% 61 *59 62 14 14 13% 14 Va 52 V* *513/2 52% 110'/a 20% *1093/4 110% 20'/2 203/4 *109»A IO91/4 20'A 21 700 109% 1093/4 30 203/4 4,800 20% 46 62 »/2 *45 46 *45 46 *45 46 200 62 Va *45 45 28% 52 14 53 110% *109% 18% 53 53% *53 2,700 28 V* 28 18 18% 18% 9,000 48% 18% 28 18% 18% 18% 800 48 28 28 'A 28% 18% 16% 48% 28 28% 28% *28 161/4 48 3,400 17 *16% 16% x48 50 '/a 50 49'/a 1.61/4 16% »16'/2 17 49% 48% 50% 10 Co Mfg Corp l Munslngwear Inc _5 Murphy Co (G C) common 1 4%% preferred 100 Murray Corp of America com 10 4% preferred 50 Myers (F E) & Bros No par 16 100 *37 37% No par Inc Brass 10% 11% 11% No par (The) & 14% 23 Mullins 8 Feb 45 12 Mueller 8 111 Jan 13 31% 14% Products Corp Wheel Corp Motor 2 ,55% 20 23% Aug 30 52% Aug 30 Jan Co (John) Motorola 23 20% Feb 2 1 43 Power Morrell Mar 21 28% Feb 21% Feb 12% Jan 15 52 Mar 28 i 200 - Feb 13 Montana 31% Jan 29 2. 25 29% 64 Co— 16 Jan 160 *28% 83% 14% No par Utilities 18% Feb 27% Mar 29 91 29% 11% Moore-McCormick Lines 109 36% Jan Chemical Montana-Dakota 8 18 Vb Jan 6 13 Monsanto Mar 29 52 92 *28% 66% Tool Jan Mar 17 Jan 15 Machine 18 2 *91 28% 63% Montgomery Ward & Co 23 18 56% Dec 113 Monarch 9 Mar 20 91 28% 11% conv 74% Feb 40% Jan 19% Dec 20 19 May 24 13 24 2 91 100 A Carpet Mills Hosiery Co Inc.. Mojud 90% 15,200 20 —No par com series 16 19 Oct 13 Jan 9 RR preferred 15% Mar 15 18 23% Jan 22 64 7% 19 s/8 20% 28% 83 10 7,400 39% 91% 31% Jan 19% Shares share *105% 107 107 91 Mission 10 20 *105 28% Minnesota Power St Light Co_No par 48% Jan 20% $ per 38% 39 38%. 107 20% 92 18 10 5 *105% 28% 27 Corp Mission Development Co__ Sales for 28% 91% 11% Dec 22 13 *91% 39% 39 39% 107 20% 20% 20% t per share $ per share share 38% *105% 29 preferred conv 52% Dec 22 4 39 107 20% *91 2nd $ per share 38 % 107 20 *28% 41.50 18 30 *105% Mar. 29 the Week Thursday Mar. 28 Friday Mar. 30 Wednesday Mar. 27 *105% 39% 25 9 Jan $ per share 39 St ... 14 Feb 32% Feb lo Min Mfg common No par $4 preferred No par Mlnneapolis-Mollne Co common 1 $5.50 1st preferred 100 9 85 2 Jan Minn 13% Mar 28 15% Dec 26 $ per Par 7 SALE PRICES LOW AND HIGH Tuesday Monday Mar. U ' 9 Mar 9% July 12 67 July 19 Jun Saturday EXCHANGE $ per share 20 Feb 108% Jan Sep 26 NEW YORK STOCK Highest 37% Feb 104 RECORD STOCK STOCKS Year 1950 Lowest Monday, April 2,195S .... *62 63'/a *62 63% *62 63*% 200 20'A 14,700 N 16 July 13 22 May 20 17% Jan 2 22% Feb 32 Jan 3 53 Dec 21 51 »/2 Jan 2 79 23 Jan 13 34% Dec 6% Jun 29 18 31 143/4 Dec 27 Mar 15 12% Jan 23 May 27 16% Jan Dec 28 18>/2 Jan 5 39% Jan 17 32 >/a J an 2 175'/a Jun 30 53/4 July 13 186 Jan 9 National Acme 15% Mar 27 2 20 31% Dec 26 Nash-Kelvlnator Corp Nashville Ohatt & St Louis 9 35»/2 Jan 17 15 14 >% July 12 12 Jan 13 2 Mar National 70 *31% 32 6 Airlines 1 203/2 Mar 22 National Automotive 221/4 Feb 13 National Aviation National Biscuit 19% 19% 20 193/2 193/2 193/a 19% 19'A 19'A 1,300 34% 34% 341/2 35 343/2 35 8,600 100 *174/2 174% 174'/2 174'/. 174'A 171% 34% 1743/4 170% 172 10 No par 1 7% 7% 473/2 10% 473% 10% 47'A 1 12% 12% National Cylinder Gas Co i *13% l4»/4 50 453/4 Feb 21 50 2 National Dairy Products. No par National Department Stores. ;_5 National Distillers Prod No par 473/2 47% 473/4 193/4 19% 28% Dec 22 273/4 Dec 21 20% July 17 15 July 25 94% Jan 25 11 July 13 *150 Jan 11 -7% Jan - Jan x% Dec < 17% Jan 8 65 5 Nov 21 9% May 31 31% Dec 22 25 5 UJan 22% Jun 29 28 23% Feb 2 31 1 4 Mar 21 156 ♦ 2 * % Jan- 2 25% Jan 2 -Jan ? 1 53% Nov 27 47% Mar 14 29% Oct 27% Jan 2 Natl Power & Lt 21% Jan. 2 Mar 14 -89% Jan 30 15% Apr 27 71% Apr '. .4. # *21% Dec 18 89 " Dec • *23% Dec 20 20 24%Dec28 *14%Oct••-». ,10% July 13 7 July 13 11% Jan - Yoar 1950 *: share 8 % Aug 1 2 National. Tea Co.—— 3 Natl 3~ Jan •10% Feb Highest $ - per-share 12% Feb 28 .10% Jan-5 : 15% Jan 106% Aug 11 3 ,11% Jan 3 90 I July .34% Oct 21 393% Oct 17 per share 11 Mar >9 Mar 27 / ■•'"'• xl05 - Jan 11 - 42% Jan Nesco 9 10 v* 10 »A 12'/a 12V* 123/2 12 i2y#:; 13% 13% 13'A '.'13% 13V* 13% i3'/2 13% 46% 19% 47% 46 »A 463/4 19% 19'/4 19J/4 27 % 273/a 20% 27 273/. 20% 67 150 , 150 . % ■ ,26% .26% n "•' > 26%. ,26% • 50%- 50% ."49%: >30% *23% 15'A ■ -9% . 15 y.' "9% 150 3iy4 % 31% ; "1/49% 30% Vt 9% - 93/a 23% *23% 23% 15%' •15Vt. 15% *153/^ 15-3/4 $Yi. 9Ya 9'/2 ' ' ' • * * • : ' - t LOW AND „/.vsManday. . ■ -Mar.26 Inc .—— *16 17 New York Air 19'/< Mar 28 16 New York Central— Jan 23% Feb 8 17 82% Jan 24 106 Mar 13 -156% Feb 13 18 »/2 Feb 2 Oct 30 19 Jun 6 15 3/4 Jan 10 42 Nov 21 413/2 Jan 3 Jan 26 73 »/2 NOV 21 73 Jan 3 90 200 Dec 13 246% Apr 19 215 Jan 17 410 6% 17% Dec 28 17% J»n 2 52 27 20% Apr 12 Mar 29 Feb 25% Jan 59% Jan 18 163/4 Mar 27 22 % Jan $5 20 47% Mar 29 9 • HIGH SALE 253/2 Jan 95 5 x28% Jan Mar 19 99 i7 Mar Brake..—Nopar preferred Y State 23% ■ - 15% 1,700 - 100 "*3,400 93/2- 9'/4 91/2 10 . 23%* 15 %r- * 300 12,500 f .. %: ^Thursday / « Mar. 29 / . t .■ $8.75 •38 * 16 y« i J8 \ 96 12 16% .* *105 105*%. *105 105 Va * 11 %> 38 123/4 12%. 98 Va 98 Va 106 104% 1053/4 100 19 Va 19% *773% 19% *77% 79 31 »/a 313% 383% 21V* 38% 20% 20'A 20'/« 20% 209 208 107 106% 1073/4 107% 107% 17 12% 38y» 96 12% 993/a 102 18%. 79 3iy4-' 30% 30% 37%. 37% 37% 1,600 20% 19 V*- 20 19% 19% 125,100 1,900 205»/2 107% 16% 17 208 208 1073/2 106% 107 ' 16% 17 483% 88 88 88 88 88 89 90 390 *360 390 •360 390 *47 *47 49% 7,600 2,500 17% 16% 16 3/2 17 47»% • 3,700 209'/a 1073/4 207 17 *360 4,500 37'/* 46>/2 400 10 2,100 30% n *350 50 11,000 19- *77% 79 >.400 " 101 101 191/. 46>/2 ' *97 99 Va " - 383% 107»/2 208 17 96 200 3,400 31% - 205 209 38y». - •773/2 1,300 "103% • 38 'A '■ 210 *105 r iiy. 102 79 16% 11%, ♦97 18%- * Share* r 11% 12V* 12% 19 share 97 *96 •. S per 113/2 *16 V 19 y* 39 400 ■the Week 38y2 / f *37% -101%/ *77»/2 313/4 , 31% 38 3/2 \ 993% 18% 79 31% 383/2 *84»/2 Sales far » ^ ny« ny»x ; 123/4- *97 32'A *300 38 97 12'/». 100 19% . U5% *96 . 96 105% 46'A 46% *84 V2 7 88 .No par •16 *98 »/2 12%. *11% 16% 11%. 38" $ per share n%/-U% •>*16 ; 105% 11% • 97*% 12% Friday Mar. 30 ' share $ per 11 »/a 16'% •105 39 *96 / -• 49»/a 370 *90 91 240 *360 390 *47 493% 193/2 21 19'/4 19% 19>/2 20 17% 19'/2 18 % 18 18% 50'A 51% 50'/2 50% 513/4 51% 49 51 47% 49'% 48% 49% 7,500 16'A 16% 16% 16% 16 >/4 16% 16'A 16% 163/4 16 »/4 16 % 16 V* 2,300 25% 26 25'/2 26 251/a 25'/a 25% 26 7,000 96 96 96 95 95 50 22 22% 27 27 17% 29,500 Elec & Gas-Corp— ;. "r-'—_JxkL_.No par-1' ^ Common 1 12 . 107 preferred series A.—.100 non-cum » share 11% 16 Va '208 —50 N Y New Haven & Hart RR Co.100 Preferred 5% series A__ 100 N Y Shlpbldg Corp partic stock—1 17 V PRICES' Tuesday-'/ ;*■ Wednesday Mar. 27 " j Mar; 28* $ per 11% 1061/2 11% ' , 79 31% 38»/2 20 N Y & Harlem RR Co N 15 *77»A . ♦105 ... N Y City Omnibus Corp.....No par New York Dock common——Nopar- 48»/2 Mar 27 56 11% *16 *38 »- 38'A *96 " 97% 12'A >12% *98'A 100 *105% 106% 19% 20%/ — —No par N Y Chic St St Louis Co com—.100 2 &7 8,100 " ' $ per share 11% 16Va - *105 106'A« 11% 1.1% , j_—0 .—. • S per share 11% -1 ——100 —— - 1 ... common 12 Jan 20 20 152 5 Par : ">.'>■ ■; 40% Jan 78 4 Feb ' 38% Jan 116. 18% Mar 28 Jun 28% Apr v> 3%% 6 Feb - * 23 »A v ; 22%I'-'V *85% •. 600 303/s ■. SaturdayMar.24 ( /•:" - 10 Mar 28 12% Mar 103 50 >• "9%'' . r49% ; 3,900 19,900 *293/2! 22% *85'%-. :87^- « c 26% i'-- 4 180 1,100 %• •' *26 Vm 30'/a < 150 = :■ \ 31% 31% : 150 5,400 - 9V* *9 u ;3o * - 150- *147 26'/a 50'/a : : :-22%.: 22% >23 * 15V4- >50 - 14.700 . 70 ■i' *173% 1743/2 31% \h X26va'. , 50'A *293/2- ; r 14 27 - 19% 102 69 5,600 16,400 27% 19% *100%. 159 93/2 ; 3I>/2 ' ■• 27 150 5,400 5 19 Y* 19 t 67'/2 174% 1743/2 - ' " 193/4 102- S1/. 93/2 -*86»/4 "86:3/2/ "'-*85% 23% 23% v 23% v '• f • '/a" "23% 23 '. 174'/a' - 23% 15%- 1,300 12,600 1,800 loyg o.'1 :27%. 70 ; •" • 50% , * 23 »A 86% ;86y4-" ; *30 •29% .3oy« 23 • : 9% 32% % : * 32 31% -l i . *193/2 150 . 273/4 *100 »/2 174 «/a 150 9'/. -9% 31% 24.. 9% 175 V 193/4 27 67% 66 , 47 - lO'/i i I93/2 20»/4 lOO'/a lOO'/a 68 175 ■■'•' 46 46 '/a 45% , 101 101 67% 10'A • 20 »/4 20% 100 »/2 66 *863/4 *86»/a •..23%''/ 23% *15% Newberry Co 7 3 100 ioy« 12 y« 13% ' 30% Mar 29 100 Feb ' 13% Jan 21% July 27 93 Dec 12 10'/. 12% 100'% 32% ; 23'A 36Jan 102 Jan Dec -■[ .4%-% preferred 13%: Mar 12- 180 27 ' Nelsner Bros Inc 26% Jan 236% Feb 6% Jun 27 STOCK Nehl Corp 19 21% Dec 21 188 »/8 Oct 3 14% Oct 31 . (J J) com——Nopar 1 preferred .—.100 New England Elec System.—.: 1 :• New Jersey Pr fc Lt Co i% pfd.100' Newmont Mining Corp 10 Newport Industries common l.\ 4%% preferred ' 100 ; Newport News Ship & Dry Dock 1 2 98 »/2 Mar 27 28% Mar 29 28% Jun 10'/« 12% 47% 19% /193/2 273// 27»/a % .26% 49%-. 50 *30% 30% - - —5'- v .EXCHANGE i is U *38 18 20% Nov 22 80%. Dec 8 Jan 3 29 128 31% .44 26% ...I STOCKS 14% Jan .11% Jan Apr 13 104% Dec 66'/a Mar 14 10'/, 1,300 47 Va'. ■ 18Y* Feb - 2 -96 16 13% Mar 23 ■ 8y» Jan 42 '/a Nov 25 105% Feb 10% Jan 26 24% July xl05 12% Jun 13 103 10% 12'/a 9 .Nopar NEW YORK ; /' - 471/2 7'A ' - share 17% Feb 10 26% Mar 29 * '■Range Since Jan. 1 Lew est J Fibrd Co- Co ' 1 7% July 13 34 July 11 99 July 18 10% July 25 199% Sep 5 58 Apr 6 Vulcanized Natomas 15 •* , .100 —— 7'A 47% 150 ilO 25% Feb- - %■ Highest v/ $ per -preferred 7'A 47 -9 Nopar Sugar Ref Co... Nopar .NationalSupply (The) Pa com—ilO' 4% % 7»A 473/, 150 , National .16% Mar 1.4% Jan 13 102% Mario 9 2 '14%'Jan.. 8 Jan * lowest* $ per 1 ;22% Jan 25 3 Range fer Previous « *85 56 7 X47 *147 ex-dlst——Nopar Shares Corp National < Steel Corp. 7'A 47% 174% 175 - 2,300 7'A 47% 12% '67% 9 280 7% 7'A *1743/2:175 1 172% 172% 10% 102 -66% • 7% preferred A.—..... -ICO 6% preferred B—.— -.1—100 National 32% Feb 16 -25% Jan 23 Mar 22 .10 common Natl Malleable & Steel Cast—No par Mar* 6 26 Co *100*% 19% 47'% 7 27% 20% 20'A- No par National Linen Service Corp— 28% Feb 13 35% Mar. 3i= 1 ; 25 Lead 176 273/4 .1 preferred i National 9% Jan 26 34% Jan 5 31% Mar 29 4 $4.50 13 1853/2 Jan Co National Gypsum Co com 29 76% Feb Jan- 9 Nov 24 Jan Mar 21 150 >■ 21% Mar 22 103 Mar 13 - 174 159 Jan •29% Jan 2 1003/2 Mar 7 185% Jun Mar 30 19 69% Dec 29 4 18 Jun ' 263% Jan 10 22% May 31 102 Jan 10 178 i 20 13% 36 Nov 13 19% 20 20 34'/2 National July 17 19% 800 20 6 143% Mar 30 19% 7,300 • 19% 5 Container 14,800 34'% 11% Feb 24 Jan 153/s 19% 15% Feb 9% Jan 11 15 19% 133/4 Feb 13 11% Oct 11 1 15% 34>A 7% 19 15 ?o% 35 ? 2 49% Mar 69'/2_ 32 20% 2 Feb 9% Jan 2 691/2 32 19% 34'A 13% Mar 26 10 2 7 69 32 15 »/2 15 68 31% 20 14% Dec 28 7% July 12 Jan 42% Jan 430 68 32»/4 1 6% Jun 27 10% Juh 27 8% Apr 29 46% Nov 24 July 13 20'A 20% 20'/a 20% 673% *31% 5 common preferred National Can Corp National Cash Register. National City Lines Inc 31 . 153/2 32'/4 15% 10 Fibres Inc Corp. Co 69 32 15% 31% 14% 20% 20% 68 31% 20% *67 15 % 14% 20% 68 20 »/4 20% 68 3/2 1 35% Jan 12 184% Jan 20 170% Mar 29 20% 100 Co preferred 100 — 25% *93 Va 25% 26 *93 96 *93 96 *94 96 IvigU A. 18 3/» July 13 24% Dec 15 85 'Dec 14 29 Jan 91 Mar 29 91 */4 Dec 97% Jun 98 9 22 July 26 Dec 24 % Mar 9 20% Jan 2 31 26 "/2 Jan 2 16 26 Oct 39 3% Nov 24 24 3/4 Dec 28 53% Mar 4 Feb 15% July 12 10% Jan 13 21% Feb 18 % Dec 6 27 Niagara Mhk Class 7 94 Feb 23 102 Feb 6 3.90% Mar 19 96 Mar 28 10 Jan 353/4 Jan 49% Jan 10 46 «/2 Mar 10 9 x52'/2 Feb 5 28% Jan 13 17% Jan 4 19'/a Feb 8 18 15»A Mar 28 88% May 18 39% Feb 23 81 8 Jan 3 33% Dec 28 Jan 31 % Jan 2 313/4 Jan 19 2 Feb 88 3 Mar x35 'A Feb North 28 , 9% Dec 15 13. Mar 22 97% Jun 15 *90% Dec 27 106% July 13 1093/2 Dec 16. 10 Feb 7 88% Mar 29 .10%' 15% Mar 29 28 V* July 12 104% Dec 95 Dec 26% Feb 35% May 20 16 112% Mar 21 100 9 14 46% Dec 28 w* Mar 28 Mar 204/4 Dec 28 18% Oct 9 19% July 11 90 July <8 For footnotes- 20 Jan 9 28 V* Nov 22 101%Oct sea 5 page- 24. ^ >43V* 29 I9 . Jsn 17 50 .Feb 20 31% Mar 97 Jan . 2 JftP -8 13 Jan . 6 - -108% Mar: 6 • - 97«/2 96 96 *95 973/a 10% 10'A ♦40 Va Co... Ry —.10 Co— Gas Co Ry _——_L *27 10 No par ... 900 18% 15% 18,000 18,500 18% 18% 18% 18% 18% 18% 15%, 15% 15% 15'A 15% 15 y4 15 Va 15 V* .87»% 87>% 32% 33»A 32*% 32% 33'/a 10% 10% 89 108% . > . > *102 , 32% 32'A 33 X10 10% -89% X89« 108% Xl06% *98 100 *86'/2 10 ioyt 89 - 99% •98 *88 107 99% 6,000 23,500 10 V* 10 89 107 80 33 32% 32% X32% 10'/, 88% 107 107 88 *86'A 88 22,000 89 V* 180 107 670 99% •98 470 14 13V* 13% 12% 13% 13% 13 V* 13'A 13% 17,400 20 Va 213/4 20 20% 201/4 20Va 2oy2 20% 8,600 25 y» 25 »/4 25'A 25% 25y, 25 25Va 790 15% 16 15% 15% 25% 15% 15% 15% 1,700 32*A 14,300 32% 32 / *21' t _ ' :i 107 95% « ' ; 20- - 32% 108 . - 32 . 107 - ^ 44% ' A5V* 20% 21 ; *19y4 -19%. "28% 28% ?102'/« 103 1 .16' > 94%. '95% 2iy* *19% :: >28 32y« > 107% / -'-44% :.:45% - 21/ 28*% 4103 32'A 33^8 25% .95% ..19% -.19% 28 33% 31% 21% .13% 107% r -95% •20% . f 32% 15% .31%, .3214 45% ♦86y2 33 33% 25% . 107% 1077/e •-•45%. 100 * 16'/e 95; ?893/2 •108 88 88 21 y« 14% 21% 25'/. . - 100 *99 *25% 16 lo1/* 89% *108 100 13% 32% 32%. ioy4 89ya 108% - 21% ..._20 •87>/4 87% 32% 100 .50 * convertiblft preferred—.180 900 5,600 27Vt 18% 89 —No par _ *27 5,500 42 y4 50% 15% *108 100 . 27 V* 100 110 10% 10% 183/2 . 1,300 50 *41V* 15% 10 »/4 - naa . 27 ya 50% 273/4 18% 32%, .1.60 preferred 27>/4 lO'/z 42 50 27'A 18'/a 32'/. __25 Co •27 27% 10'A 42 50 3/8 *87 y4 - $4.10 Pharmacal *27 10'/a 41 50 15,700 - 96 96 15'/2 .No par ..Nopar* — 27»A 22»/a 18% 50 100 (Minn)— ——_ 4 ^ ,-prefctred Oliver- Corp commnn 4%% 96 Va 50% Okia-Gas-k Electric Co com——10 8 963/2 42 V* Ohio OIL Co— . 883/2 10% 3.90 preferred 2lVa ***> 28 19% Feb 24 2"* (a 4.40% *87 98 88 Va 97 50'A Ohio Edison-Co common——8 99% Feb 27 *87 41% 4.6% preferred Norwich 883/2 IO1/2 Northwestern Telegraph— 110% Mar 12 Jun 22. 18% Dec 20 5 18% Jan 12 ^ • 3 26% Jan ♦87 *95% series——.No par Northwest Airlines Tnc common 10 14% Mar 22 22% Jan 88 Va 50% 27 Mar 30 *87 42 103% Feb 17% Dec 16 12% Jun 29 25 883/a IOI/2 $3.60 preferred 12% Jan* 24 88% 50% $4.80 preferred *193/4 Jan 25 88% 42 5 14%Dee"28 *88 3/« 10% y3 16 22% Dec 28 32% Mar 28 20 833/2 50% 94 % Feb 15% Jun 26 23% Jun *81'A 1 Northern States Pwr Co Preferred 83 Va 42 Central Common 27'A *811/4 10 «/2 1081/2 Jan 27 Jun 2 27'A 83% 503% Mar 16 100 8 Mar 27% 83% 42 % 3 106 >/2 Mar 22'A 27% 83% 22 Va 4 Northern Pacific . 22 27% *82 ..100 ... Northern Natural 37% Feb 13 22'A *27 83% *813/4 American Aviation——..—.1 Northern 6 22% 273/a ..—100 — Ry com..—.25 preferred 25 North American 13 22% *813/4 28 &. Western Adjustment 2lfs 83% 22'A *27»/2 Electric Corp Norfolk 1 -"■•■"27% 22 •'< par • ————.100 Nopco. Chemical Co 2 5 Pwr^rp cOmJld par, 5?? preferred preferred preferred Noma 5 78'/e Jan 3.40% 11% Mar 10 Jan *27 24 * 5 i—i._———No A 3.60% 28V4-Dec 17 Mar 88'/2 Jan 88 19 July 17 43% Jun 5 29 7 83% Mar 19 8 103 % Mar 20 19 23'/4 Mar .20% t 28% / .• IQ2Y*> 103^>■' ^ 32% 31% 107: 106 94*/t 95 ' ♦ 43% *>-44% -*94 '■ 20% *18%v 19%- / 28 '28Ve .'•102%J103;''; ' • '15% 32 32% , 105% 106 43%-44~: 20% 2119% .27.%: .27% s 101 % 101%" 44 Va 21V* 21 27% ♦101% 12,300 1,400' 19ya *19 . •220 95 .43% »19 330 105*/a •94 95 . 28 - 102.Va 200 . « f . 4,500- 20 Volume 173 Number 4999 . . The Commercial and Financial Chronicle . (1389) NEW Ka nre tor Previous Rang* Since Jan. 1 NEW — YORK Highest-- * 3 15 5 113 10% Jan §5 Jan 20V* Jan 30 Lowest • Apr 21 July 26 ; 10 102 25 Nov Feb 13% Jan 105 5 33 7A Jan Jan 28 - 39 25 ■»% Oct 5 Jan 14 75 y2 Feb 19 78 Jan Nov 27 73% Feb 2 82 Jan Otis 2 79 16 17% Feb 27 21% Jan Corp (The) 12 A__100 Collins Outlet No par Marine Co Ac Mfg..* . S per share * 12 12 103% 25 2.50 25 Glass *25 Mar. 28 102% 30 ♦25 , A per share 12 *11% 102% ♦102% 26 ♦25 Thursday Friday $ per share 12 *113/4 102% 1023/4 26 *25 Sales for Mar. 30 Mar. 29 . the Week $ per share 12 12 102% . Shares 12. 1,100 .102%-. 102% 26 *25 90 26 , 100 38%v38% 38 38% 38% 39 18 % • 38% 38 18% 18% *18% 19 *18% 19 19 77 V* <77 ' 77 ►183%: 19% *76% 78 *76% 78 *76% 73 79 40 77% 79 77% 78 763A 77 3,600 19% 2,600 18% *75 77% *75 12.50 Co 11% 103% PRICES Wednesday $ per share 12 *102% No par — Owens-Illinois *11% * SALE Mar. 27 103 , _10 Elevator Outboard HIGH Tuesday Mar. 26 $ per share 5 ■' common convertible -preferred Oppenhelm Mar 27 19 Aug 2 §7% July 12 Omnibus 5 25% Feb Mar 24 Par 2 AND Monday Mar. 24 EXCHANGE 82 14V* July 10 72 RECORD Saturday . 5 per share 11% Mar 22 27% Sep 22 42% Jun 23 20', Highest $ per share $ per share $ per share STOCK LOW STOCK " Lewest YORK STOCKS Tear 1950 79 791/4 78 79 78% , % 38% 19 383A 38 % 38% 5,800 400 P 13% July 17 •7 1 7% Jan 6 17 Jan 3 Feb 25 98 Jan 16 21% Dec 20 Jan 104 Oct 11% Apr 21 18 16% Mar 15 22, 3 - Sep 1 21 Mar 21 101% Mar 1 19% Feb Pabco 6 17% Jan 10 28 Feb ■4% July 12 ■* 27% July 11 60% Sep 27 43 Sep 27 Jan 11 64% Feb 38% Jan 11 44 15 15% July 27 23 Feb 4 16% Jan 3 30 y2 July 26 35% Jun 13 48 55% Mar 10 , 34% Mar 31% Mar 27 28% Apr 48 3 Dec 18 111% May 23 98% July 13 142 y2 July 21 152 x49% Jan 39 7 Dec 18 28 53 Oct 20 8% Dec 6 4 8V4 Jan 4% Jan 4% Jan 11 27 12y4 Dec 28 17 19 25 Pacific Tin Pacific 49% Mar 20 X40 13 102 107 Aug 15 1 5% Feb 17% Feb 38 9 22'/. Oct July 20 25% Feb 8 Paramount 4 4 Dec 27 22 40% Jan 57 11 31% Jan 3 Dec 6 4 18 % Dec 18 9% Dec 3% Mar 30 29 - x6% Mar 20 51% 8% 48% 10 & Refining Pictures 8 26 2 22 Dec 21 22% Jan 31 Oct 30 X106 Mar 14% Jun 27 20 64% Nov 27 52% Jan 36% Feb 6 32 May 19 115 Jan 18 Jan 107 July 14 10% Jun 29 139 7% July 12 12 20 V* Dec July 13 July 12 22 Mar 37% Feb 107 105 Jan 11% Jan 13 17% Nov 24 18 18 25 Jun 28 Jan 10 91% Feb Mar 28 69% Jan 66% Dec 29 60% 66 62 % Dec 14 58% Jan 17 27% May 26 25% Jan 2 26% Mar 17 24% Mar 29 5 23% July 20 23% July 18 , RR preferred Corp Jan 8 Co preferred 84% Jan 46 20% Jan 96% May 3 587/s Oct 23 4 July 17 NEW Highest America 17% Jan 2 25% Feb 90% Mar 20 49% Jan -95% Feb 15 56% Mar 19 2 27 9 Inc 1 —25 preferred 101% Dec 4 106 Jun 9 92% Jan Dec 29 38% Mar 16 21 95 17% Mar 29 Jan 24 10% July 17 140 *v'. }{,! i 71 18% Dec July, 17 195 Jan- 125 3 61% July 25 19% Jun 30 135% Jan 1:19 32 . Sep 20 14 18% Dec 16% Mar • 80 Jan 4 21% Jun 30 24% July 12 115% Ncv 8 85 Dec 14 20% Dec 19 23% Dec 18 103 Oct 27 31% Jun 30 26% Feb 27 106% Dec 30 Jan 17 11 270 ^74 28 141 Jan : 2 9 Jan 18 33% Jan '4 147 3 Feb 9 31% Jan 2 lo 10% Jan 3 12% Mar 14 7 51% Jan 2 63% Feb 10 8 51 Mar 30 57 1 - C C Pittsburgh Pond Co 4%% Procter 21% Mar 28 29% Jan 31 Publicker 16 Feb 30% Feb 19 2 30 Feb 6 30 Va Feb 107% Mar 2 95 115% Mar 16 119% Feb 84% Mar 27 91% Feb 13 21% Jan 2 23% Feb 26 25% Mar 30 27% Feb 48 28% 28% *60% 28% 60 3A 28 28 % 28 24% *24% 28% 24% 28% 283/a 24% 24% 24% 24% 24% 24% 24% 115 114% 115 .• *113% 114 HIGH $ per share , 113 *99% *107 SALE 113% 113 7,900 690 A 6,300 1,300 ■ 114 114 114 250 102 *100 101 •100 101 100 108 *107 108 •107 108 PRICES Wednesday 1 $ per share 90 54% 3/4 54% 54% 54 3A Mar. 28 Thursday Friday $ per share • Sales for Mar. 30 Mar. 29 $ per share *12'A 33% *101%; 17 *110 41 18% *153'A *171 42% 9 23% *260 100 *97 100 20 *18% 20 *18% 20 \ *18% the Week $ per share 96 *94% 96 *94% 78% 78% 78% 793/8 773A 13% 13 13 13 13% 33% *12% i 96 79 33 33% 102 103 17% 33% 17 17 *110% 120 20% *20% 21 94 *93% 94 120 41% 40% 18% 157 40% 172 171 42% 9 233/a 24% 261 *260 '1 17 *110% 21 Shares 21 20% 94 *93% 40% 41 40% 172 9% 24% 261 42% 9 23% *260 18% 18 81% 82% 80% 87% 87% *27% 28% 150 28% *142 25% 12 12% 12% 54% 54% 54% 20 3A 94 18'A 23% 260 87% 88 28 28 *142 25% 150 24% 5% 100 No par Peb 2 Jan 22 29 Feb 5 Quaker Oats Co (The) com B 6% preferred. 100 Quaker State Oil Refining Corp—10 16% Jan 2 21 Mar 16 Radio Corp of America com~JNo par 76% Jan 2 82 Mar 28 150 23% J 6,500 260 80 80% 81 Jut 220 *88% 90 *27% •142 190 'i 28 V • 300 150 16% 900 13 3/4 6,700 16,400 17 13% 13'A *51% 53 *50% 523/4 17 16% 13% \ 133/4 13% 13% 13% 133/4 36 36% 37% 71% 71% 71% 71% 71% 71% 713/4 71% 22% 23% 22% 23 22% 22% 213/s 22% 213% 91% 273/8 *108% 30% 87% 23% 260 51 17 14 100 ' preferred Purity Bakeries Corp conv 81 16% 16% 133/4 47% 233/8 260 80% 87% 6.100 51 52'A 16% 13% *35 13% 36 *35% 13% 36 30 71% 22% 72 72% 21% 22 91% •91 300 133A 36 5,800 800 4,600 12,500 92 27% 27% 29 29% 29% 116 116 100 27% 29 3,400 3,900 117 ♦1153/4 86 *84% 85% 84% 85% 843A 843/4 •84% 85% 100 22% 22% 84% 22% *843/4 22% 22% 223/4 22% 22% 22% 22% 253A 26 11,700 25% 25% 25% 25% 25% ,253/4 251/a 253A 5,100 22% 22% 25% 25% 104 V *102 43% 43% No par 4,200 9 133A 523A 13 y« No par common 42% 600 92% (The) 23% 9 3,100 27% 29% Inc 9% 64% 29 preferred "20 171 * 9 123/4 27% $1.40 div preference com—No par 2,700 63 3A *91% " 42% 2,400 18 157 •12% 17 *85 171 42% 2,600 40% 63% 54 *115% 173/4 *153% 21% 94 123/4 28 100 100 40% 63 92 No par *93% *12% 13% *92% 40% 173/4 12 3/« 29% Oil 413A 36 " 21% 94 54% 92 4.08% 17% 21% 53% 29 com 40% *12% : 16% 13% 2,900 243A *523/4 36 3A 150 163/4 120 24% 13% 13% 16% ♦110 243A 16% ♦36 16% 120 102 243A 273A preferred 207/a 71% 1 ♦100% " *27% 29 4.64% 16% ♦142 92% 3%% preferred Pub Serv El Ac Gas 1,200 102 15,400 25% 277/a of Co 33% 260 79% 55 < 300 33% 172 9% 13% 13% 13% 33% *171 42%: *16% 13% 78 *93% 41% *52% '' 96 77% •12% 172 23% 12% 54% *94'A 13% *110 79% 28% 25% 16% 120 100 20 78% 157 260 150 25% 96 *18% 77% *153% 9 87% *142 13 157 42% 260% 80% 87% *94% 78 3/8 *171 V v'-v 24% 82% 100 *153% 42% 9VB •98 20 *100% *93% *171 42% 100 *18% 34 163/4 157 - *98 103 *110% 171 100 103 , 17 18% *97 *12% *32% 120 *153% 100 *33 102 19 41% 9% 102 157 19 *153% . 33 102 > *97 20 *94% *87 28% 28% 150 *142 25%' 26 12% *12% 55% 54% No par 10 No par com 5 *98 96 91 82 % —1 Inc 54% 100 preferred series A—50 Industries *91 &4a/* *98 *18% *94'A 78'A 159 - 62 28 25% 10® 2 - 62' 28 Va *98 Jan 24 60% 623A 99 Pullman 34% Jan 23 146% Mar 30 60% 62% 27% Pure Nov~24 61% 60'% 92 13 24% 1,600 2;300 60% 613/4 29 21 5 88% 63% 28% 17 31% Feb 1,700 883/4 63 93 Feb 2 18 21% 88 61% 29 54% Feb 27% Jan 18 21% , 61% 28 47% Jan 30 104 800 63 10 46% Mar 28 34% Jan 87% ♦103 34,300 48 61 Va No par 42 % Mar 29 25% July 28 21% ♦47 18 21% 500 103/B 63 Indiana—No par 103% Mar 21 7 10% t 900 20 62% 62 % preferred 9 109% Feb *18 87% 61 Va *97 1 Pocahontas cum 48% Dec 30 8 87% 100 2 Co Gamble Serv 48% Nov 13 106% Mar 88% 100 100 class B conv Ac $4.75 Public 7 10 88 104 18 • Public Serv Co of Colo 13 107 87% 10% 400 118% 48 *103 86% 25 Pressed Steel Car Co Inc com 19 2 Apr 28 90% Jun 23 26% Feb 8 Forgings Creek 17 Jan *47 18% 22 Mar. 27 20% 11 Jan 20 10% 104 17% 213A *97 No par RR Poor Ac 90 *101 18% 22% 5 Potomac Electric Power Co 27% Jan 104 22 Tuesday *93% Jan 123 Louis 28 25 *18% Mar. 26 $5 convertible preferred—No par Consolidation Coal Co 1 41% Jan 14 *101 18% 22 100 Pitts 80 ADr St Ac 28 30 47% No par 19 28% May 31 47% 100 -100 Feb 1 49% Monday Pitts Coke Ac Chem Co com__No par 35% Mar 15 70% Mar 15 Nov 10 3A 101 —100 Hosiery ; Pillsbury Mills Inc common $4 preferred Pltney-Bowes Inc 12% Jan 91 103/a *98 No par com — 19 25% Nov 24 '10 3A *47% 104 *18 19% 1,700 34% •117% 230 14% Feb 17 193/4 10% 48% 33% 118 7,600 19% Jan 16% Jan 20 33% 118 47,400 54% 51% ;, 513A 16% Mar 14 10 119 7,400 20% X50% 13% Jan 4 34 118 22 , $ per share 100 series preferred 19 Dec 109% Jan 4 28 98 Mar 28 /Jan Feb 132% Jan 24% Mar 28 71% Dec 29 26 13% Jan ' 2 Jan *33 273/a 20% 543A preferred 13% Dec 3 27 Jan , 79% Mar 28 10%., 10% 48% *18% 34%' 119% 20 10% *101 33% 119% 19 27% 54% 343/8 9,500 38 Mar 22 13% Jun 30 May 16 31% Dec 30 52% Nov 22 7% Mar 23 July Dec 12% Apr 54% Oct 38% Jan 16 11% Jun 27 12% Dec 15 66 18 2004 145 13 27 6 22 NOV 24 I 76% Nov ,27> July,28 38% Feb Nov <- 119% 19 Saturday 7% gtd preferred 100 Pittsburgh Plate Glass Co 10 Pittsburgh Screw Ac Bolt No par Pittsburgh Steel Co com No par 7% preferred class B 100 5% preferred class A J10Q 5%% 1st series prior pfd 100 Pittsburgh Ac West Virginia 100 Pittsburgh Young & Ash pfd—-100 Pittston Co (The) 1 Plough Inc—. 5 Plymouth Oil Co 5 16 v. 33% 119 Mar. U 1 10% Jan 9 *33 19 108 27 2 40"% Oct 7 9% Dec 21 Mar 20 203/s 55% 100 Feb- 25 Jan 7 55% 100 44% Feb 10 37% Jan 30% July 17 5 20% 55% *107 174 Jan 20% 55% 102 Pitts Ft Wayne Ac Chic Ry com—100 Jan 171 19%. 56% 108 3 153 14 20% 55% *100 17 Mar 21 Dec 20% 55% *107 Feb 155 174 27'A ,20% 55% 108 Jan 1 27 20% 55 103 22 Mar Mar 22 27% 21% *107 155 148 163 4,900 22,400 30 42% Jan 25% 25% 92% Pitts 24 27 Va ♦91* 17 Nov 22 253A ♦91 23 40 253A 27% *100 > 26% 92% Jan 8 25% 90% 104 96 Mar 17 24% July 3 14% July 17 100 26% <90% Mar 26 25 Va Nov 86 . 61% 62% 28 % *24"% 114% 26 100 Phoenix Mar" 6 26 Va 108% 27% 91 18 24 26 -90% 17 Jan"22 1,500 90% 54 V2 Feb 19% 3,400 15 14% Jan 5 69% 15 233/g 35 17 700 69 14% 15 Oct 15 23 83% Jan Oct 15 14% 2 21 15 233/a 92% 51% 20 110 15 14% Feb 17 15% 8,000 3,100 23 Jan 11% Ju}y 14 69% 15% , LOW AND Phillips Jones Corp 5% preferred Phillips Petroleum 17% Jan 69 38% 14% 7 2 69 8% 22 24% 5 Jan 68% 3/8 23% Mar 16 69 8 14% Feb 97 17% Sep 26 68% '.38% 147/8 20 27 22 373/4 243/a 96 15% Dec 8% 213/8 373/4 - 23% 4 102 8% 21% 38 100 STOCK 28 > Feb YORK 13 24 34% Mar 23 , No par —— 76% Mar 15 16 V* Apr 4 50,, common—No par 31 80% Dec 29 9y8 Mar 31 8% 21% 38 143/4 3.90% 28% Dec . 8% 21% 15% 4% 95% Feb 8% 22% 38% 24% 19 17% Jan' 8% 14% 16 8 15 400 10,600 21% *37% 900 6% 19% 24 107% Jan 9 14% 33% *63A 18% ' 15% 104% Jan Feb 15 33% 6% 18% 24% Mar 14 Dec 69% *63A X18% 15% Mar 14 20 68% 6% 19% 7,000 8,500 24% 100 97 69% 33% 6% 18% 300 3% 493A 1 100 3 38 7 47% 3% 483/4 Corp common 3 3%% preferred aeries A 100 Philip Morris Ac Co Ltd common—5 14 Jen 8% 21% 38 48 % 104 *102 18% 18 % 22 22 87% 87% 5 Phlla Ac Reading Coal Ac Iron 103% Dec 21 14 8% 21% 38% 49 Philco 107 91% Aug 8 67% Jan 27 19 10'A Par 102% July 17 Dec 8% 22 33% *32% 119% 119 EXCHANGE 100y8Oct 30 20% 55 5 : $ per share 14% Mar 28 1 7 20% STOCKS , Range Since Jan. 1 68% 15 100 of conv Range for Previous 16% Nov 22 19 % 33»/3c 4.3% 23 V* Deb 33% *6% 19% No par 9 18 323A 6% 19% 5 common 4 15 33% 6% 18% *6% 19'A 8V2 *21% 38 % 100 Co Feb Dec 47% 3% 493/8 100 Jan 11% Apr 3% 473/8 10 Co 106 20 3% 47% 233/4 110 $ per share ; 3% 47% 32 3/8 10,500 108 % 29 $ per share 3% 47% 33 Va *22 Mar 27 $ per share 3% 47% 33% •107 Jan Lowest 3% 47% 33% 108% 100 Highest 3% 47% 33% 27 106 Tear 1950 3% 47% 15,700 273/a 9 Lowest 3% 47 % No par 50 24 , *46% *32% - 49 27% Co 110% Feb xll5 47% *46% 8 23% 233A 106% Jun 3 47% 47% 7% 22% *46% *22 20 112% Jan 48% 8% 23 *107 23 116% Mar 23 *47% 7% 233/4 102% Oct 28 22% 320 108 % 105% Oct Dec 223/4 100 4,300 *22 preference com 4.4% preferred 1 3.8% preferred 112 22% 26% 45 99 *107 Electric $1 73A 22% 433A *97 23 3A Phila 9 8% 22% 8l •25% 44% 98 108% Phelps-Dodge Corp Philadelphia Co 6% 23 26% 44% 98 *22 63% Mar 27 26% Feb 8 26% 443A 99% ♦107 28% Mar - 44% *97 33,100 23% 4%% 17 44% Mar 27 7% 22% *25% 44% 100 600 71,300 *22 Pfeiffer Brewing Co Pfizer (Chas) Ac Co 3 7% 22% 44% *97% 8% 5% 11% 5% 11 *107 Petroleum 22% Mar 12 < 100% 8% 4,500 23% Pet Milk Co 31 3 44% 8% 8% 50 26% Pepsi-Cola 9 20% Jan 11 82 19 25% *8% 60 5,700 108% Peoria Ac Eastern Ry Mar 24 '105% Feb 17% Jan 18% Jan 8 85% Dec 25 49 53A 11% 25% 50 5% 26% Pennsylvania Salt Mfg Co Peoples Drug Stores Inc Peoples Gas Light Ac Coke 12% Jan 5% llv •25% 47'A 100 Pennsylvania 3 5% 11% 830 140% 5% *22 *107.. 27% Co Penn Power Ac Light 27 8% *8% 5% 2,600 *139 50 10% 3,200 39% 107% 7 Cement 18 24% Feb 49% 53 39% 5a/a 22% 10 preferred 16 125 y2 Feb ' 50 293.600 107% 140'A 5%, 22 V2 5 Corp... 59% Feb Jan 6 Jan 34 5% 34% Mar 27 43% 52% 13,300 Va- Glass Sand Corp com.——1 Penna 6 *139 5% 100% *98 53% 40 11% 8 No par Coke 44 53% 39 900 32 % 107% 108% 5% *98 No par 26% Jan 10 9% Jan 6 Jan 27% Mar 19% Mar 28 4 Penn-Dixie 9 5 *43% 533/, 41 27 *25% 25 Ford Ac 27% 5 Penney (J C) Co 6 Jan 30 y2 Aug 22 24% Jan -*25% *8% 108% 39% 11% 6 11% No par Peabody Coal Co common 5% conv prior preferred 27% Mar 10 x24% Mar 110 9 Transportation Coal 8% 108 % 30 19% 31%- 11% 5% 6 11% 53% % 1 40 % Feb Penn 51 8% 8% 6 5% 50 11% . 1 Corp 25% Jan 15% Mar 16 5% 5% 51 8% No par Mar 14 41% Feb Jan 50% Jan 27% May 24 22% Dec 20 61% Jan 5% 5% 53% ♦19 32 % 139 V* 5% 21% Mar 22 110 9 6 Dec XI39% 5% 67 2 52% 5% 36 23% Jan 52% 53% 19% 31% 141% Patino Mines Ac Enterprises 13% Jan 53 *19 % 50 Parmelee 10 19% 32 41% 108% 141% 8 Feb 19% 31% % 32 108% 14 28 193/. 32 % 32 41% 16 13% Dec 30 , 19% 31% 8 % 141 8% Jan 10 19% 32% 32 32 108% Car Prod Ac *19% 19% 32% 41% 10'A Jan 74% Jan *38% 141 21% Feb Penick 40 *58% 40 108% 2 4 60 *38 % 60 ♦38% 41% 8% Mar 28 16% Jan *58% 40 ♦58% 40 141% 20 t 60 *38% 60 *38% 108% Feb 4% Jan *58% *58% 40 !» 32% Park & Tilford Distillers Corp 1 Park Utah Consolidated Mines 1 Parke Davis Ac Co No par Parker Rust Proof Co 2.50 49% Mar 30 34 59% 40 60 41% 38% Mar 17 29 18% July 26 18% Dec 6 103 15 25 *141 70% Nov 13 25 28 Jan 25 25 *108% 23% Dec 29 July 31 21% Jan Panhandle 10 25 5% Apr 17 15% Apr 8 *106%Jun 5 21% Jan 9V* Jan 63% Apr 7% Apr 23 18 Feb 46% Jan 33% Aug 22 9% Jan 20 31 45 y2 Jan 25 *24% *38 Va World 104% Jan 700 *24% 25% *58 % Airways Inc 1 Pan-American Petrol Ac Transp 5 Panhandle East Pipe L com__No par 4% preferred 100 25 20 16% ♦24% Consolidated Motor Amer 20 46% Jun 16 Jan Packard Pan 102 % 1S3A 16% 25 19% *100 18% 25% 19% 19% 100 *24% 100 com preferred 7 2 Mar 29 7% Mar 26 5 1% Mar 21 26% July 11 6 Feb 98 48% Nov 24 28 34% Jan Mar 8% Dec 28 6% Mar 12% Feb 19% X100 17 25% Corp____l Corp com 10 Western Oil 29 2C% 102% 163A 100 14 Mar 15 193/4 *101 17% 53% 41% Teleg Ac 6% Feb 10% Mar 14 27% Oct 20% 102 17% 10 No par preferred 4% 20% ♦101 17% No par pacific Telep 55% Mar 10 2 29 Jun 8 *24% 20% 102 *17% . 5 Pacific Mills 1 8% Mar 16 20% >100% 17% 33 Lighting Corp 30 \6% 20% 102 "*17% 10 common 151% Jan 3 3% Jun 18% Apr 34% Jan Pacific 5 Mar ! i___ Rights 6 49 V* Feb 113 3 5% Mar 29 44%. Mar 1 29 Jan 8% Dec Jan xl39%- Mar 28 2% Jun 36 Mar 29 103 26 Sep 5 preferred non-cam—No par 2nd prefererd non-cum_—No par 3 54% Mar Co *20% *10oy2 _100 Inc Pacific Finance Corp of Calif Pacific Gas Ac Electric V* Mar 14 17 Coast No par com preferred Fisheries 1st 19% Feb 26 % Mar 26 July 26 Feb Inc conv Amer Pacific 19 59 cum Pacific 23 49 Products *102 117 104 ♦1153/4 •102 117 104 42% 42% 42% 477/a 108% 47% *108% 48% 109y2 30% ' 43% 47% 108% 48% 109% 30% 303/a 30% 30% 115%' 116% *102 104 *102 104 42% 42% 46% *108% 46 3A 47 47 109% ♦1083/4 109% •1083A 481% 109% *30% 30% 30 Va 30% 30% 30% 37 37 37 36% 36% 36% 36% 35% 151 149 149 148% 148% *146% 148% *146% 148% 27 *26 27 *25% 26% 19% 78% 3% 4% *97 363A 20 193A 19% 19% 78% 78% 3% 4Va 26% 26 26 20% 18% 193/4 78% 77% 78 3% 3% 4% 4Va 36 36 - 150 104 42% 47% *26 *26 •102 116 43 42% ♦149 36'A 116 42%- 36 6,700 18,200 100 700 1,400 146% *25 V* 146% 140 26% 100 19% 19% 104,400 R 1274 Jan 3 73% Jan 13 23% Apr 18 80 Nov 28 5 $3.50 1st 3% Mar 30 100 27 Feb 3 103% Jan lo 35 For footnotes Nov see 16 page 24. 4% Jan 8 RKO 3 3/4 Jan July 13 Znopar preferred-— 5% Feb 8 RKO Theatres Corp 9 Ralston Purina Co 5 Raybeetos-Manhattan 10 97 Mar 27 33 Jan 2 103 Jan 40% Mar Pictures Corp pfd. — 1 1 100 No par • 19% *78% 3% 4% *97% *37 20% 80 3% 4% 100 37% 3% 4% 99 36% 97 *36 ( 97 37% *98 35% 3% *77 3% 4'A 4 78 3% 4% 100 *97 100 36 35 35 *77 3% 3/a *97 35% 78 500 3 A 21,300 4 22,000 100 35% 20 900 21 '■ nam*-. »t».. - The Commercial and Financial Chronicle . . Monday, April 2, 1951 . (1390) 22 RECORD STOCK YORK NEW LOW STOCKS Range for Previous Year 1950 $ per Lowest Highest Lowest $ per share S per share 54% Feb 36% Dec 30 35% Mar 22 373% Feb 27% Mar 15 32% Feb 21 49% Dec 20 V< Jun 29 28 % Dec 30 Jun 19 39 % Feb 9 30 V» Jan 35 3 30 15 July 17 12% Mar 30 July 30 32 Feb Feb 193/4 Feb 18 14% Mar 28 18% Dec 21 17% Jan 2 203/4 Feb 20% Dec 19 16% Mar 28 9-1% Jan 16 9% Mar 14 12% Feb 8 28% Mar 5 7 Jan 6 9"% Dec 22 Feb 9 3 Jan 22 12% Oct 23 X25 62% May 15 3 Reed 59 div 133/4 Feb 10% Mar 30 9 Reliance Feb 2 Co Jan 6 64 -10% July 17 20 14% Jan 2 18% Mar 10 93 % Aug 22 27 90 Jan 11 Feb 23 20 10 Yb Jan 13 18% Mar 28 223/8 Feb 17 Reo 25 16% Dec 16 3/4 Jan 5% Jan 28 30 12% Mar 15 July 13 Jan 67/e Jan 3 19% Dec 98 9 4 13 13 47% Nov 20 403/4 Mar 28 49% Feb 2 30 112% Mar 15 1183/4 Jan 5 Jan 13 117% Dec 14% Jan 3 32 3/b Nov July 13 5 20% Jan 13 43% Dec 103 " Dec 150 Jan 3 8% Dec 15 13% Jan 100 28% Jan 24 7% Nov 24 31% Jan 30 4 Jan 10 8% Feb 5 38% Jan 25 45 Feb 3 Jan 25 162 Feb 5 <11% Jan 29 Jan 4 423/4 Jan 5 7 6 139 18 23 9% Mar 30 36 2 33% Jan 7 10 Dec 15 39% Jan 39% Dec 94% Jan 27 50 104% Dec 9 Jan 13 30 37% Feb 14 ■53% Dec 30 24% Dec 11 8% Nov 14 7% Jan Dec 30 35% Jan 23 3/e Jun 22 16 3/4 Jan 2 27 31% Jan 10 107% Nov 27 93% Jan 20 32 19 3 4% Jan Jan 12 13 31% Dec July 13 28 60% Jan 13 33% Feb 50% Mar 28 583% Feb 9 10 30 '/2 Feb 24 11 , Jan 23 Roan Oil Rochester Feb 23 107 4% Art 17% Mar 24 Co 1 15% Jan 11 20% Jan 2 23% Feb 11 47% Jan 3 60 Mar 22 1 8 % Jan 3 12 3/4 Feb 21 Ruppert 26% July 12 39% Nov 24 *'■: 35% Jan 16 9 Safeway 99% Dec 22 99"% Dec 61 '■? May 123/, Apr July 13 8 Nov 55 Mar 24 34 7 23% Oct 27 24 % Dec 21 128 Jan 26 240 98 Jan 24 140 30 42%Jun 12% Jan 28% Sep 1 Apr 4 6 Oct 96 7 115 • 12% July 12 16 92 Mar 20 Jan 3 50 90 Jan 16 % July 10% Jan 40 25 6% Jan Dec 3 38 Jan 8 95 Feb 7 Jan 2 123 Jan 12 2 15 78% Jan 87 25 3 22% Jan / *60 61% 17% 17 17% Lowest $ per share $ per 33% Dec 30 31% Mar 14 28% Sep 27 34% Oct 3 463/4 Aug 28 32% Jan 2 Jan 25 33 July 25 14 108% Apr 18% Oct 2 24 V Nov 10 105% Feb - 10 Va Jan 6% Jan 13 IO'/b Jan 25 <*;: 2% Mar 31 29 lA Jan Jan 8 35 4 17 Feb 17 10 41V4 Jan 8 53% Feb 5 21% Feb 34% Dec 30 x34'/4Jan 11 39% Feb 16 Sinclair Dec 30 75 Mar 14 33% Oct 18 31 Jan 52% July 13 20% Jan 75 3 17% July 13 25 Jan 76 Dec 28 88 Aug 3 4 19% Jan 17 76% Jan 2 21% Jan 5' 23% Feb 80 y2 Feb Mar 30 90 Feb 23 22% May 26 16 Feb 14 25% Nov 24 Jan 20 29 118%May24 5% Dec 30 112% Mar 28 3% Jun 5 Feb 8 28% Feb 25 Va Mar 15 106 Feb 25 2 23 94 I 2. Feb 18 8V4 Jan 9V4Jan 2 73/4 July 25 60% Dec 22 Jan 28 53% Apr 14 51 Jan 4 52 V2 Jan 5 36% Jan 3 55 % Dec 30 53 y2 Jan 17 64% Feb 3 393/4 Sep 28 Feb 1 31 Vs Dec 6 11 45 42 Jan 45 3 Jan 8t l8f. 2 12 y4 Jan 30 Southern 19% Jan 2 21% Feb 24 South 30 % July 12 49 Jun 27 40 Apr 11 67% Dec 21 35% Jan 2 44% Mar 21 Southern 74% Feb 32% Feb 11 513/4 Dec 27 50 633/4 Jun 29 70 Dec 26 66 Mar 30 68% Jun 28 67 3/4 Dec 27 67 Jan - Jan 9 10 5 Southern« Feb 9 Southern 10 ,64 - 4 75y. Mar 9 Co f< 44% 55% 5% 18 3/4 74 18 10% July 12 4% Jan 3 5 Apr 60 Jan 3 99% Dec 28 143/4 Oct 13 10% Feb 7% Oct 5 20% Jun 26 25% Jan ,3 15 81 Oct 6 17 % *17% 17% ,< 133/4 14 13% 14 "X X 13% / X;. / *87 3/4 10% .No par </.■., 10% ,/ No par No'par $ per 40 r; 383/4 com_4.50 " 32% 101% Nov 15 26 Dec 28 33% Dec 18 8% Mar 30 133/8 Dec28' 17 Feb 27 100 Jan Jan 25% Jan 30 105 3 Mar 5 29% Feb . 17 13 34% Jan 5 14% Feb 2 30'/a Mar 28 11% Jan 80 9 1 85 Sep 25 77 Jan 3 81 Feb 9 5 21% Dec 11 19 y2 Jan 2 22% Feb 27 20 25 40 113 893/4 Jan Mar 3 31 Nov 30 24% Oct Juiy 13 23 963/4 May 24 36 V2 Jan 106 90 26 Mar 16 22% Jan 43 Mar 2 Mar 30 109 y4 Jan 30 26V2Feb - 2 8 96 Mar 1 ' 12% Mar 28 '4% July 13 I 47 % Jan 121 136 10% 3 July 13 July 13 Dec~ 8 773/4 Mar 27 160 174 For footnotes see 9V4 Mar 28 66 V8 Mar 28 Mar 22 138% Mar 29 Mar 22 157 y4 Mar 29 page 24. Bros Inci—rl J No par 8% Jan 6% Mar 20 15% July 106 y, Jan & Sparks Within'gton Co Spear & Co common 66% Aug 29% Juiy 26 G) Spalding 13% Mar 26 Spencer Chemical Co Spencer Kellogg & Sons 1 Corp (The) 1 Spiegel Inc common...— —2 Conv $4.50 preferred i__No par Square D Co. 5 Squibb (E. R) & Sons common 1 $4 preferred No par Standard Brands Inc $3.50 preferred com Stand Gas & Elec Co 1 1 $4 preference 8 $6 8 $7 prior prior preferred preferred 11% ; 82% 17% 1,100 555/8 54% 55 >/« 54% 54% 15,700 17% 17 i 16% 17 13 Vt 13 13% 12% 12% 4,500 9% 9% 10,900 *87% 88 y4 *87% 313/4 32 X 393/4 39% 40 7.800 ; 38% 39% 38% 38 5/8 35 40 8,500 32% 32% 47% 47% 323/8 *45% *45% 365/a *36V4 37 323/4 32% 33 207/8 20% 20% •78% 4% 8% 52% 52% 57% 57 57 43% *43 *75 77 *92% 93%' *22 *51 54 563/4 57 433/4 433/4 33% 333/4 , 11% 42 43 64, 63% 52% 69 y4 513/4 68" 73% 41 y4 107 23% *93J/4 93% >" X 9% 9% 67% 68 V2 141 141 161 % 161 y4 76% "• 92% 90 23'A 22 Vs *22 26% 26% 26 3/a 1123/4 *112% 26 < 43% *11 % 21 42% 41% 65%' 63% 52% 50 52 68% 68% 67 67 67 73 73 63/4 63/4 6% *6% 7 *80 761% 90 200 26% 32,900 114 54 ' *43 75 11% 113/8 21 21 43 43% 64 34 65% 2,800 23,600 51% 51 Vs 51% 21,200 67 66 671/2 1,500 74 14% 73 73 *143/s 143/4 1,000 6% 6% 6% 2,600 6 3/a 200 64% 50% 6'/8 6%' 63% "14% 6s/s 331/2 ' 6 3/4 *63/8 ♦143/a v • 6%- 63/8 6 3/8 634, 82 *80 82 *80 82 *80 101 *101 102 *101 102 * 27 X *26 %" 27" "l6 500 30% 30% 31%, 12% 12%- 12% 12% 12% 793/4 79% 793/4 79 y2 79'/2 230 21% 20% 203/4 20% 203/4 5,500 40 41 41 41 1,800 *103 1Q6 *103 106 21% 215/8 20% 41% 41% 41 *104 —27 30% 79% 107 4Q. 12'%- 12% 79% , 1,400 793/4 31 12% • 26%" *26% 30 Vs 30% ' 6,500 24,500 •. 82 101 12% 21% 100 333/8 415/B < : - 11% 203/4' < 14% 143/4 793/4 41% 100 2,300 . 31 41% 7,000 ' 33% 653/a 12% 21% 9,600 -•■" 433A 102 27 ?«3/i 1,500 . 56 *80 4 90 22% 64% . * 113/a 203/4 42% *79% - *104 107 '41% ' 107 < 303/4 " 7,800 20,300 * 23% 23% 23% 233% 23%" *91 y4 923/4 91'% 91% 90 91 13% 127/8 13% 12% 13 13% 13% 6,700 9% 9% 93/4 9% 934 9% 9,700 66% 9,200 233/4 23% 23% 93 y4 93% 91 92 133/4 13% 9% 9% 9% 23% 2,500 *101 82 103 1,300 3,200 20 54 42% *72 143/4 2,400 8% 55% 43% 33 3k 335/8 113/8 15 y4 ;!X 4% *51 56% *43 20 3/4 *73% 300 -; 33% 8V4 * 74% 3,900 46,000 36% 4% 54 < 553/4 33% 33%' 113 Va 4% 83/a -■"■ " 11% 14% *104 *51 26% 115 4%! 8% 21 13% 23% *75 .. *22% 8% X. 20% 203A 22 503/4 52% 67% *3534 "/X 33 33 *75 64% •.» 77 *90 42% 64% 51V2 68 V2 76% - 76% 11% 33% 21% 37%!l< 92% 21 f 11% 21 43% 65% *43 36% '92 54 56% 205/8 2,900 46 % *75 ' 23 83/a 8% 21 21% 93 Vs *32% 211% 3,800 32% X 46% ? 353/8 35% 323/4 • 20% - 77 93% 36% 35% 32% > •77 77 5,400 4,600 31% 36 3/B '36% 373/8 77% 20% 36% X : 4% 4 1 32% *75 "46 1,500 X ■ 4 '31% 31% 471/4 31% ^ < ■ X 4 41/8 4 8% 79% 10 Vz 10% 10% ■ 79 30% 16% 103/8 10 3/B 4% 27% 31% 12% 5Sy4 16 3/4 16% 78% "?63/a 545/8 54% 16% 1123/4 103 28% << 10% 37% *6% 28 y2 450 11% 53% 4% 8,400 ■ 105 11% 17 10% K 29 *28 .> 29 *28 *104 " 11% 11% ll3/a 11 Vs 105 105 loo 55 - Shares $ per share , 31% 16% 10% Sales for the Week 39% 45/a 41% . $ per share 53% r XX." Friday Mar. 30 Mar. 29 173/a 37% *101 900 313/4 115% 7 82 88% 2,200 40% 4 3/8 .14% "6% 10 Thursday^; share 1143/4 *14% '6% *6J/4 17 9% 88 V* 45/8 ..*104 com..No par : 2,500 32% X 78 *73% 800 ' 18% 116y2 21 43V2 85 385/8 V 36% -• *83% 85 17 26% 117% ll'/2 «6,400 80 26% 57 56 18% 26% 1 No par No par No par w 373/8 *51 240 - 17 $Per - 37% 83/8 3,500 82 56 ; 78% *105 4% 46% 4% 90 >80% 56 55% 32% < X 14% 14% 14% 82 *. 70 117 *115 115 50 2,500 91 16% 265/a *27, 31 —No par *89% 18%: 18% 23% " '12% 79J/2 21 Va No par Standard Coil Products Co Inc Feb Feb 4.60% pfd.100 89% 33% 78% 26% *78 *101 Sperry 13% Feb 172 1 No par $5.50 preferred 78% Feb 160 * 33% 88% 17% 73//2 5 33% • 31% 78^ ' 95 *105%- 106 29 Vs 4'% *115 50 ' ? 33% 115 2,800 ■<;. 96 106 96 17 *22% 4% 8% 54 58 44 . 33% 44 . 110 77 23y4 4% ,8y2 *51 44 44 y4 44% ♦83% 21% 77 93 Va 76% *43 33,y2 11% 25 24.900 *105% , 38 Vz 78 36% 33% ; • *114 „• 34% 54% 1 10% 46% 48 34% *283/8 55% 4% 33% *11 * x; 103/8 - 2,800 34% >' 34%' 14% *22 26 Va preferred —100 Ohio stk tr. ctfs.i.lOO. 29 . 18% 13 .4 106 *105 ■ 17% 17 93% 18% ' — 39% 38% 11% -54% < 12% *91% 18% 9% '10 Va 41% '40 105 29 21,200 12% 91% 54% 21% *7$y2 *92 V2 4 non-cum 27 39 y4 < 126 12% ♦80% 36% *33 .. com.No par 33% *46% 33 40% 29 4,300 *120 : 215 91% 18% *18% " 13% ' 32% 32% 323/s 11 126 V 14 3/8 *87% $ per share share 105 23.000 ♦207 215 *120 HIGH SALE PRICES Wednesday Tuesday Mar. 28 4 Mar. 27 32 32% 41/4 61% 61 %/ €1 LOW AND Mar. 2G $ per share 24% 24%. 24% 760 1,600 62% 20% * 5,200 25% 20% 42 20% 41% 20% 98 97% 42 *207 5,300 38% 98 41% 55% *17 y? 88 y4 Monday ; ■ 10 y8 *873/4 X, 32 % 41 Gas 7% Jan <"ioy8 88 Va Mar. 24 25 16% Feb 10% *873/4 10%" 88 y4 • Par. — 2 553% 17% Edison 2 / 553/8 38 .38% 98 :< 82 .86 185/8 76% . ■XX' 18 13% 37% 38'/4 98 ,■ 423/a <20% 25V2 800 1,700 54% 77% 17% 1 ioya 17 ' ■: 18% 54% ! 6% Jan 77 183/4 *17 ; 22% 58 10 Vs < 85 17% & 13% Jan 86 55s/s Elec__No par Co .7.50 Pacific Co Nd par. * Railway common—No par%. (A 18 *17 3,000 22 57% 10 54% 75%. , XX 5,900 58% >80% 56 .85% 19 74' X < • X.X V 19 74% X' 14% 81 17% Gas & Natural Mobile. & 86 *85 85 * - 600 17% 171/a 22% 14% 14% 55 81 55 1,800 105 *104% 17% 12,000 31% 10 126 12V2 12% 913/4 91% 18% 18% 34% 34% 44'/2 <4474 96< v - 96 « 106 106 r 33 33% *89% 91 < 115 115 81 14% 80% •• 20 103 22 *120 123/i *91% 18% 34y2 44% 55% No par No par (The) Indiana 75% Feb ■ 63% Mar 15 14% 83% 55% 18 —50 preferred 8% 3 11 Va Jan 35 y4 Mar 12% < 93% 18% 34% * 44% « 96 96 *102 106 33% 34% *89% 91 V 116 116 19 No par Southern^ California x33% Jan 133/4 Mar 16 23% May 25 - 123% 91% 18% 35'/, 45 *95 98 *102 106 34Vs 34% 89% 89y2 116 116 2,000 *57 61 V\ 62% *207 214 r 5 ;//■>, South Porto Rico Sugar < v>-- • 12% 91% 18% 34% 44% ^ Saturday E & G Co 43% 21 25% - ^38% 98 413/8 20%, 24/8 .No par preferred ' 36% Jun 12 - • X y.'*« *207 217 * 120 * 126 63 . , 98 42'/2 21 25'/4 423/4 21 25V2 74% Oil Co Inc—__15 Vacuum 10% July 12 18% Dec 18 < 383% 62% 63 *208 214 *120 126 63 85 1—1 No par Steel South Carolina 5% 38'/4 98'98 7.200 37% 58 3/4 22 10 38% 55 T Iron——20 10 Smith (A) & Sons Cpt Co coml_20 3y2 % preferred > 100 4.20% preferred -100 Smith & Corona Typewriters.No par Socony ,10% 300 7% 103 105 16% 163/4 27% 10% 58 10% 97% 42% 21 . 25 61% 14 Vj Solvay American Corp 4% pfd—100 South Amer Gold & Platinum.——1 13 5% Jan 59 37% *81 ■' - ( 4V2 Mar 28 120 59 38l/i 98'/* 43% 21 Va 25% *207 217 '*120 126 12% 13 '>91% 93 Corp O) 21% x22 59% 10% 63 25 Sloss-Sheffield 5 8 102 14% Jan Skelly 16 (A 22% 22% 555/a Co I7 38V4 Feb 12 Mar 88 > Oil Jan 38% Feb Smith 163/4 *58% k' Steel & 25 85 22 17 10% 42% *21 25 com—.*—8 Corp Oil 16% 17% 11,500 51% x31% x 1021/4/ *104% 105 *104% 20 102% 2,300 37% 19% < 32% 32 , > 102 440 31% 7% v 38 193/4 203/8 <32% 32% 102 103% 38 107% 50% 73/4 38% 700 90 , 27% 27% 7% 19% 19% 90 50% *27% 7% 105 10% 98' 50% 27% *104y2 17% 17% 18% 18% X 34% 35y4 No par 44% 44% No par ■>< 98'/2 98V2 No par *103% 106 „ 25 34Va 34V2 100" 89% 89% 100 *116 118 Corp Saw 38% 32% . 51 7% 37% ■ 14,000 45 '31 31% 50% 7%// X 1,500 33% 107% 107 % 31 9% 33% 903/a *88 X 200 157% 93/8*42 27% 28% 38 Va 38'/4 » 5 100 5 1.40 t XX,. :<V,;, 32y4 Mar 28 36 % May 29 28% July 13 Simonds 52 7% 10% 5 -TOO ;_10 Co Simmons 42% Nov 15 22% 59 Yb & Dohme common 24% July 12 29% Mar 21 51% •V'''XX 105 *104% 105 59 Va ' 19 6 3% Mar 13 19% 22% 1 9 11% Jan 32 38% 38% 33% 19% —1 ——— Jan 17% Mar 19 31% *27% 7% 15,100 1,150 156% 45 107% 107% 107% 323% 28% 7% • 44 '/a 43 X 33% *42 90% 90 91 20,700 71/8 33% 1 45 107% 52% *27% 7% No par — 33% 32% 51 X ; 28 39'/4 39 /a $4-25 cum preferred *105 1°6 Shattuck, (Frank G) No par /' 11% 11% Sheaffer (W A) Pen CO. —1 *29 30 >/4 Shell Oil Corp —15 ' 54% 55 Sheller Mfg Corp ,—1 /, 17% 17% Sheraton Corp of America 1—11 " 10% 10% Silver King Coalition Mines—___5 4f/2 4'/2 5 2 52% —_: Co & 33% 107% * 32 10,600 7% 71/4 159 X *93/4 X. 9% 10 Vs *42 45 91 91% 107% 32 * Sharp 16 12% Jan . *91 107% ' —.5 2 29 % Feb 51 3 11 Dec 26 4% Dec 29 35 . Oct 17 14 % Oct 33% *42 30% .30% 44% X" 44% 93/4 * 1 Sharon 58% Feb 56'VOct 23 14 *42 93 32% .No par 9 2 25 11 % Dec 33% 10 45 41% 114% 30% 159 161 156 10 v 45 43% 43% 157 39,700 41% 114%. 30% 7% 43% 33% 17% Shamrock Oil Ic Gas Mar 15 Jan 23 7 34% Jan 10 33% 32% : 12% Feb 15% Jan 10% 33% 45 7% 10 10 107% 7% 6,100 39,700 7% 31% 156 155 154 107% 30% 3% 9% *112% 41% 40 3% *112 % 7% 43% 42 43% 158 42 VB 114% 31% 7% 33% Del- of 42 % Jan 2 7% 40 34 *112% 31% 3% 10 42% j 9% 33/4 93/4 10 10 114% *113 31 30% 7% 7% 42% '154 —100 3 108 31% 3% 3% 9% 41% 42 114 114 115 30% 10 41% 42% , '112% com vtc...No par 100 series A Co Steel 3% '104% (The) 46% Feb , 33% 3% 9% 3% 3% *9% 10 13% 12% 12% 3% 3% > 35% Feb Mar 26 105 6 83/4 July 12 37 ■ 13% 21,800 1 STOCKS /;'■ .k 5,500 13% 100 EXCHANGE $ per share share 18% 13 10 NEW YORK STOCK Highest L 183/a 13% 103 y2 common preferred . 18 3/8 102% Servel Inc common / 18 3/8 Xl3y8 101 % 4 Range Since Jan. 1 18% 133/4 103 Co Roebuck (4.50 18% 13% 101 Seeger 3 «• Jan 19% *91. Refrigerator Co— Seiberling Rubber Co 11 y2 Jan 18% 19% 8 27 Sper share Oil *98% 18% 51 J ' 100% 28 common 16,200 18% 32% — 40 17 100 *97% *42 Inc.. 16% 19'% 12% 12% 100 100 61% ;983/8 100 300 1,600 100% 19 42 1 27% *60 < 17'A 17 *983/8 99 *98% 9% 93/4 *26 '■ 100 % 19% 15% Mar 89 11 32% 18% Feb 8 10 10% ^ 19% 8 87% Jan *9% *26 : " 61% Seagrave Corp Sears 2,100 32% 8 24% Jun - 14 16% '33 8 XX * Highest Lowest Feb 58 25 9% Mar 29 14 Va May 31 98 y2 May 17 Year 1950 15 *16% 38% Seaboard Finance Co Seaboard 16% 17% —5 preferred 5% , 12 X 16% *32% 3.35%. preferred Seaboard Air Line < 16 Feb Jan 16% *59% 7% 16 y8 Jan 30 Range for Previous 4 13 16% 17% No par 12% Jan May 20 6 14 193/4 Mar ID 91 Elec Scranton 2 Mar, 595/8 Feb Mar 14 74 .. 89% Feb 10 5iy2 Jan 13% Nov . 89 34 Mar 26 16% Mar 29 29 8% Nov •8 Jan Mar 28 17% Jan 27 Nov 24 20 3 107 33 55 July 17 26 » Mar 13 17% Dec 31 .14% July 28 . * 2 May 11 82 14 Feb 102 47% Jan 22 *21% Feb 31 47% Feb v 80y2 Mar 26 2 83% Nov 20 3 26 47% Jan Dec 41% Jan 16 Mar 30 112 Mar 27 5 9 133/a Jan - - Nov 24 66 % Jan 213/4 Jan 17% 61% 4.40% pfd 17% 16% 17% 100 100 series A 8avage Arms Corp l — Schenley Industries Inc Scott Paper Co common. $3.40 preferred '>£« 1 $4 preferred i. Scovill Mfg Co common I 3.65% preferred —— 4.30% preferred •. 1st 19 105 17 9 Jan Feb 96 95 27 -84% Jan 13% Mar - Mar 14 41 •"< Jan Feb 126 10 34% Mar 28 < t* 25 33% Dec 30 104 18% 21 112% Sep 18 Jun 28 13 913/4 Mar 28 101% Sep 105% Feb 20 Jan 246 Mar 14 11% Jan v . 20% May 24 39%'Dec 20 1 Feb 94 5 122% Mar 20 3 47% NOV 38% Aug 2 713/4 Feb 1,400 *59% St Regis Paper Co 30y4 Feb 10 18% 62% 17% 8 12 10 X207 29 Oct 96 6 13 «5 Oct 12% Dec > 7% July 13 22 % Jan Jan 22 21 Dec 8 62 % Dec *18 V8 61% 2 20% Mar 29 60% Jan 9 9% Jun Feb 18 61% Joseph Lead Co • St Joseph Light & Power Co.No par St L San F Ry Co com vtc__Nopar Preferred series A 5% vtc 100 St Louis Southwestern Ry Co 100 5% non-cum preferred— il00 51 18 11% St 6 18% 27 V\A 11 (Jacob) Stores preferred 4% 9 41 3/, Mar 28 20 18 3A Dec 39% Mar 101% Jan 97% Mar 20 28 24 17% .20 1 Royal Typewriter Ruberoid Co (The) 23 13 18% 11 No par Metal Works 28 19 July 18 3/8 Corp—No par common 20 Feb Dec 18 18% 9% *96% 700 34 16% 27 17% 600 43% 18% 18 3/4 11 *% Controls 19% Feb 14% 43"% July 28 500 3,400 *15% 17 25% preferred series A_: Ronson 16% 29 34 11% El <fc Gas Haas & *15% 25% 10 ; Robertshaw-Fulton 2 Rohm 15% /:'■/ *9% Inc Mills 2 15 35 15% 9% Antelope Copper Mines 33% Mar 109% Feb *33 15% 27% 11% __1 .. 20% Mar < 35 14% 11% 1 Corp Company Robbins 17 Feb 42 2 Mar 13 105 Jan 9 2 34% 16% 34% J 5 % * *9% series Richfield *33 34% *26 Y» series— 4.50% Ritter *41% 9% Rheem Manufacturing Co 21 43% 43 "_10 3.60% Preferred 19 *41% *32% 1 50c 10 Preferred Jan 28 43 11% Common 98% Jan 23 108% Mar 19 16 43 27% Reynolds Spring Co Reynolds (R J) Tob class B 105% Jan May 12 107 Mar 17 102 2 Mar 28 90 Dec 30 36' 19% Mar 24 Jan 41 2 108 3/4 Jun 13 15% July Jan 99% Mar 31 5 *41 43 11% preferred convertible 5%% 28% *26% prior pfd conv 28 3/4 *25% Corp com—__No par series A„100 Revere Copper & Brass com.No par Rexall Drug Inc 2.50 Reynolds Metals Co com.—No par 6% 28% 9% Republic Steel . 36% 28% 173/a Republic Pictures common $1 convertible preferred 1 36% 28% 10% Republic Aviation Corp 4% Jan 103/4 Feb 113/4 Feb 36% 29% *41 1 2 9% Jan 36% 28% 34 *60 500 36% 43 *11% 1,600 36% 29% 28% *32% 5 100 50c 25c Shares 47% 17% Inc 3% Mar 14 8% Jun 30 23% Jan Motors *47% *9% Conv pfd 3 % % series Remington-Rand common $4.50 preferred 85 47 17% common. 14% Feb 1 Aug 66 47 No par Corp Mfg 47% 47 47% 10 preference prior Stores Reliable 47% *36% *41 % 18% Sales for the Week $ per share $ per share 36% Co— & (Robt) $1.2* 30 *16 Mar. 29 $ per share share 36% *36 • , 47% 47 36% $ per 50c Inc Bros Reeves $ per share 48 29% No par Roller Bit Co Reis 28% Jun July 44 37 16 % Nov 10 Vz Jun 8 8 Mar 14 39% Jan 34% Mar 22 preferred Friday Mar, 30 Thursday Mar. 28 , share "36 25 Reading Co common 50 4% non-cum 1st preferred—_50 4% non-cum 2nd preferred—50 Real Silk Hosiery Mills5 $2 Wednesday Mar. 27 48 1 Rayonler Inc common 10 PRICES SALE Tuesday Mar. 26 $ per Par share $ per share HIGH AND Monday Mar. U STOCK YORK EXCHANGE Mar 26 47 25 13 x24% Jan NEW Jan. 1 Highest Range Since Saturday ' "23 Vs' ' 67% 66 Vs 3% 66% * - , 66 3/s 7,300 400 67% 68% 67% *140y2 142% *141% 142% *140 140 138% 138 y2 139 139 600 1603/4 1603/4 161% 16iy2 xl59 159 157% 157% 158 160 1,400 68 66 ya Volume 173 Number 4999 The Commercial and Financial Chronicle (1391) NEW Range for Previous Lowest Range Since Jan. 1 Lowest Highest $ per share $ per share Mar 13 14 30% Dec 30 59% Jan 25 92 Dec 30 90% Jan 25% Jan 4 35 Dec 30 33% Mar 15 18 104 July 13 26 48 Jan Aug 17 21% Jan 38 99% Mar 29 Oct 23 6 54% Nov 28 1 40 Dec '12% July 14 16 •34 39% Feb July 12 98 Feb 21 30% Apr 27 12 Jan 48% Dec 27 39% Mar 12 3 104% Jan 4 3 Vs % 49% Jan 17 19% Feb 2 20% Feb 8 17% Jan 4 18% Mar 19% Jan 2 24% Feb 2 35% Mar 7 42% Jan 9 10% Jan 2 Apr 72% Oct 25 xl22 97 18 25 Jan 9 17% Dec 19 117 & Sunbeam 12% Jan 27 Sun Feb 7 99 73 Mar 28 * Mar Sun 5 Class 19 Sunray . 30 24% Oct 18 23% Mar 29 24% Jan 29 25 20% Dec 19 29% Jan 36% Feb 19 4 Vs % 14y8 July" 12 22% 49 July 13 8% July 12 Jan 195 63% Apr 11 11% May 11 3 370 » 35 July 17, ; 103 Nov 30 9% July 11 vf 116 13 9% t 3 . 18% July 13 ■79 17% Jan 2 Apr 4 11 5 33% Mar 20 15% Mar 26% Apr 18 Jan 4 17 •; Jan 8 .16% Jan 2 86 30 19 Mar 1 10% Jan 11 12% Jan 25 Jan 2 34% Mar 5 23 14 81% Jan 2 94% Feb 16 15% Jan 13 24% Oct 17 23% Jan 2 28% Feb 9 63% July 13 16 97% Nov 25 90% Mar 15 39% Nov 24 20% Feb 34"% Mar 105 Jan 30 44% Jan 7 16 *17% 17% I61/4 July 17 89% Sep 22 80 Jan 10 44 Feb 85 Nov 17 76% Jan 25 14 90% Feb 10 Jun 14 30 Jun 27 21% Dec 30 7% Jan Dec 26 19% , 3 18 Jan 27% Feb 10 26 23% Mar 19'A Mar 28 27 14% Jan 31 37% Jan 2 40% Jan 12% July 5% Jan 13% Sep 18 13% Jan 5 18% Jan 8 8% Jan 36% Jan 42% Oct 20 9% Oct 20 3% Jan 28% Nov Dec 8 94% Jan 4 2% Nov 10 25 Nov 22 6 Jan 13% Jun 27 18 103 Nov 5% 2 29% Feb 2 11% Mar 7 24% Jan 7 6 1 98 27 103 Jan 38 % Dec 28 30 19% Jan 4 x9% Jan 30 4 3iy8 32% 50% 11% 52 32% 51% 52 Year 1950 Lowest Lowest 18% 183/4 18% 18 18% 18% 23% 23% 18% 18 3/a *23% 18% 23% 233/4 23% 32% 233/8 31% 233/a 31% *23% 31% 23% 31% 313/4 313/4 31%. 313/4 31% 313/4 313/4 313/4 32 1,400 31% 31% 31% 24 313/4 31% 31% 7,700 2nd pfd Biscuits Inc 11% *96% 721% *117 23 *221/2 23 *22% 60 60 593/4 60 60% 60% 603/4 60 3/4 11% 11% 10% 1,100 11% 10% 11% 10% 11 5,900 378 *360 368 367 19 19 45% 45% 1173/4 114% 114% 113/4 11% 11% *11% 121/4 *11% 12% 34% *11% 34 12% 34% 343/8 34% 34'/8 341/4 34% 343/8 16 28% *14 29% *90% *14 8% 28% 90% ■ *116 16 28% 91 8% 1173/4 91 Y. 8% 3 110% May 17 Jan 3 17% Dec 18% July 17 32% Jun 29 98% Aug 8% Jan 1 29% Jan 4% Jan 29 25 % Jan 3 5 103 110% Feb 1053/4 Mar 29 Mar 26 15% Mar 27 6 36 % Jan 18 105% Mar 27 103 10 20% Jan 34 11 Mar 27 2 18% Feb 9 13% 13% *5% / *13% 5% 31% 243/8 Feb 9 35% Feb 8 Jan 5 13% Apr 13 11 KJan 5 13% Jan 16 39 Apr 13 33% Jan 4 41 Jan 16 9% Oct 5 2 8% Jan 6 12 Jan 99% Jan 9 102 Mar 8 Co 26 8% 27% 28% 27% 27% 27% 27% 92 92 91 91 90% 91 8% y 8% 8% 83/4 131% 131% Y 8% 8% 133/4 *13% 13% *13 13% 5% 5% 53% 53/8 53% 600 313% 31i/2 31% 31% 31% 31% I.800 901/4 913/4 893/4 901% 89% 90 89% 91 24% 241% 23% 24 95 95% 233% 933/4 95 23% 94% 953/4 94i% 36% 95% 36% 92% 94 36% 36% 36% 363/8 35% 36% 353% 35% 5,900 84% 85 85 84 85% 83% 833/4 84 84 90 ■: 89% 90 87% 91 89 90 90% 90% 2,800 25% 26% 26% 26 3/a 21% 26V8 20 26% 201/4 26% 27% 20 14,300 201/a 19% 20 26,600 *19% 20 84% 201/4 19%, 20% 19% *193/4 20% * 19 % 20% 19% 19% *19% 12% 12% *12% 12% 12 121/4 12% 12% 12% 12%, 381/4 16% *38% 38% 163/8 38"% 39 39 39 *153/4 8% 8% 8% 8% 38% *38% 38% 38% *16% 17 *163% 16% *16 3% 8% 8% 40 15 Inc 5 com 8% 36 3% 30% Axle... 35 3% 32 32% 99 * .5 20th Century Fox Film com__No par $1.50 conv preferred —No par $4,50 prior preferred No par Twin City Rap Transit com__No par 33% 341/8 35i/8 34% 98% *97% / 32% 99 3% *97% 3% *31i/4 31% 32 3% 400 1,600 34% 98 31% 9% 34% f 99 3% 5 25 *8% 98 31 ; 7,200 *70 3% *33% v -tL ,2,800 31% 32% V- 800 4.500 321% -32 5/a 31% 32% 31% 32 23% 22% 23% 22% 22% 22% 22% 44% 44% 43% 441/8 433/« 10% 43%. Y 43% 10% 43% 6,800 10% 10% 103/a 10% 10% 10% 103/a 10% 103/s II,000 LOW Y Monday AND , HIGH SALE Tuesday Mar. 26 Wednesday v 16% 163/4 16% 23% 253/8 25 253/4 *21% 22% *22 22% *21% 22% 11% ll3/4 11% 11% 11% 11% 11% 11% 107 107% 16% 21% 21% *34 V* 34% *101 12% *36% 10% 9% 16% 15% 21% 34% 37 *35 10% 9% Sales for the Week Shares 16% 16% 16% 16 3/a 13.000 25 24 243/4 11,400 21% 21% *20% 21% 300 ,Y 11%' 11% 29,500 '11% 11% 105% 105% 105% 1051% 105'/a 105% 15% 15% 153/4 213% 211/8 34 34 *34 102 *101 11% 11% 34% 34% i .; 9% 9% 8,900 24% Y *101 9% 93/4 xl4% 36 ' $ per share 11 21% /•*". 100% 11% 113/4 • Mar. 30 Jl„ 11 '/a 11 15% 100% 12% 11 Y 105 % 213/4 34 % '.Y 11% 104% 16 34 21% 101 11% 10% 1 104% 21% 38 10 104 101 12% *37 105% 104 *34% . 102 *12% 107 16% 22 10% ' 16% 25 Friday . 29 16 3/a 11% 106% 103 107% *16% . . $ per share 24 21% V 11% ' - Mar ■■$ per share 16 3/4 25 ■' Thursday Mar .28 $ per share 32% PRICES Mar. 27 $ per share 163/4 ' 1 Co. 34% 34% 3% 4% *24% * 91/8 24% > 23% 50 prior preferred *8% 1,290 443% 24% • No par No par Co 5 243/4 9% 40 23% 16% 5 1 preferred 5 25% *8% 500 6,000 33 Mar. 24 2 pfd "when issued" 40 9% 32% $ per share No par common 1 Corp 40% 170 16 s/8 23 Saturday Inc.— 9 300 1,700 10% Par —L *153/4 91/8 Y 44% ■ ! . •16% J 40 5% < . 23% YY/y..// " *5 25 9% 1 443/4 ■ " 51/4 25 s/8 98% 'Y 33% Y 32% •• •* - 40 *8% Y>. .,K3%33 40 '■' ' 44% > 5 STOCK "5 ' 351/4 *97% 16 40 25% 91% 3% 32% ;• 53% 25% *8% 30% 83% 40 20 23 5 >__No par (The) *5 100 V: 83/4 41 *25% 36% *98% Bearing *40 9% Co com__No par No par 10 2,500 13 *38% 50 . 21 13 1 , Airlines Coach 3.800 2,700 363/4 36 25% Common '"when issued"— conv 24 94 " 89% 100 Coal 24 •'*92% 25% 86 •',,,Y,Y STOCKS Truax-Traer 13,600 91% preference Tri-Continental 300 5% 31% *5 253/4 preferred World 13% 5% 31% 241/4 26 Transamerica Corp *13 5% 31% 91% *8% V 230 5,100 53/8 89% 26 ' 14,200 83A 3% 85% preferred Co 4,700 16 283% 24% *5 Twin *14 200 34% 92 90 % common— convertible Edison 20 12% 34% 16 700 115 *11% 91 24% Thompson (J R) Thompson Products 5% *14 *112% 90 tThird Avenue Transit Corp.No par Thomas Steel Co (The) 1 $6 16 2,400 31% 32 <4o 53/8 $6 *14 115 600 19 45% 28 \ No par NEW YORK 20 16 380 18% *443/4 11% *116 25% 'EXCHANGE 113/4 Mar 24 *37.0 18% 45% 34% 117% No par Timken Roller 123/g Jan 380 18% i, 300 91% preference Trans 2 *370 « 183% 45% 45 *112% *116 Transue & Williams Steel 10% Jan 375 18 3/8 45% 23 100 common 27% Feb ' 2 ,10% Mar 28 370 19% 46 3/a *22% 1 25% Feb 12 367 18% *45% * 23 No par , Co 22% Mar 15 11% Jun . 24% certificates 21 8% July 13 . 10 Co Fair Thermoid 500 23 *23 19% 5 Pacific Ry Co conv 47,000 11% 31% 47 9 13 104% Jan 73 ♦117% 59% 18% .5 ; Timken-Detroit 9 200 73 117% . 25% Mar 2 3,400 723/4 117% 11% 47 ; 49% Jan 20% Jan 20 73 119 723/4 118 1,200 59% 1 27 2 97 25 $ per share 23 11 97 11% *14 30 Jan 11 97% 59% *359 100 19% Dec 16% Jan 18% 11% *97 23% 10 * Utilities '4% 721/2 117 118% 11 97% *961/4 73 11% 32% 50 Producing share $2.50 11% 97 11% 25 . 11% 97 59% 10c com 11% *96% 23% 12.50 (James) Corp 11% 97 32% 1950—20 ser 25% Dec : 800 23% 22 Nov 50% 32 % 15- 7 50% *23% 14% July 13 15% Jun 29 Mar 24,500 25 B called ser Tide Water Associated Oil Highest S per share per share 31% 9,300 25 pfd conv $2.40 Range Since Jan. 1 • Highest - $ per share 31% 17% pfd series B conv Texas & ■v 4,500 51 *50% ioo 22% 72% conv $3.50 Range for Previous • 18% 22% 118i/a Gulf Toledo 52 *173/4 313/4 31% 32% 16% 18% 33 16 3/4 223/4 3/s 72% Thompson-Starrett 10% Jan 16% 90 117% 38% Jan .. 16% 18 Texas Gulf Sulphur No par Texas Pacific Coal & Oil-10 Pacific Land Trust— 35% Feb 2 43% Jan 15 Dec 22 31% Mar 29 •20% Nov 24 44% Nov Jan 16% 22 Texas Co 5 7,100 181/2 - 4% Jan 173/8 19% Tennessee 6 , 41% Jan. 17 Mar 30 Y3% Mar 15 6 10 23 Feb 33% Mar 29 24 Feb ; 42% Feb * 6% Jan 25 ; 3 33% July 14 9% Dec 18 18 8% Oct 42% Dec ;; 5% July 13 9% Jan 45% Feb 4% Mar 13 5% Dec 30 17% Jan 32 2 Mar 13 40- 17% 22% Sylvania Elec Prod Inc com__No par $4 preferred No par The 173/8 22% Symington Gould Corp 31 4,400 17% *18% *20% 11% Feb 1 17% 18 Vs $1.25 conv preferred No par Thatcher Glass Mfg Co common 5 1 17% 17 22% 7 23% Mar Apr 17% 42% 181/8 20% Apr 99 41 % 22% 50c 14 99 42% 18% Textron Inc 43 38% 99 42 22% 7 30% Jan 38 99 42 Vs 18% Swift International Ltd Sub 38 99 42 321% *51 4,700 37% *98 22% 52 300 42% 18% 51% 400 14% 99% ' *42'A . 23% Sweets Co of America (The)__4.16% Swift & Co 25 Texas 37% 37% 40 700 38 38 *14% 72% Superior Steel Corp Sutherland Paper Co 4 Vs % preferred — 9 103% Mar 10 25% Mar 14 14% 53 17% 16% 43% Texas 53 38 14% 6,700 118% 5%% Texas *38% *98 v 17% 17 42% *52 3/8 38 14% 200 23% 161/2 99% 173/4 , 14% 4,500 100 23 18% Telautograph Corp 30 *99 43% 17% " 40 53 *98 3/4 *118% Talcott Inc 82% Dec *38 99% 23 *52 3/a 53 1 23 25 38% 143/4 *14% ' 99% 223/4 23% ' 343/a 34 100 21 59% Jan 38 14% 39 22% 12,700 20,600 common Feb 2 *521/2 34 18,700 60% 103% preferred Corp 6% Jan Mar 14 101 53 323/4 common :^V,T ; Nov 17 7% Apr 18 25% Dec 29 3 5 95% Mar 8% Mar 28 15 ; 18 Jan 2 • Jan 10% Oct 25 11% Jtny 11 4% Nov 30 13% Jan 40 2 23% Jan 88% May 31 3 Mar 14 .13% Jan 6 5 *99% 23% 52% 60 102% 72% Co Sunshine 10 341% 223/4 Sunshine Mining Co Superior Oil of California 24 34 Shares 453/4 11% 9 Feb 343/4 102 453/4 •*96% 18 50 34% 23%. 43% *18% 102 3/8 *99i/4 39% 381% 100 101% 33% 53 *141/4 *99 60% 1021/4 . l Feb 24% Feb 14% 39% 58% 100% 103 23% 39% 39% comomn Jan 122% Jan 39% 60% 32% preferred 60% Mar 30 8 39%. No par Corp A 15 2 43% Jan 4%% 19 34% *52% 45% 59% 102 102 23% 52% 45% 44% 60% 1 410 Mar 14 114% Jan 6 5% Jan - 10 Jan 40% Oct 33% Jun 20 Jan Oct 8 10% Mar 28 355 45% Aug 23 July 13 26% Feb 56 14 17% Dec 9% Mar 30 . 21% Jan Dec" 19 33 % Mar 23% 52% 45 45% No par No par 4%% 9 17 23%^ -20 Corp Oil 16% Jan 31% Mar 15 *991/4 the Week 60% 103% 34% 101% Sales for Mar. 30 $ per share :__No par A 4 Vs % 19 Jan *99% common. —1 preference.. series Oil 21% Feb 101% 35 Friday Mar. 29 45'A f -15 • 119% Jan 10 103% Thursday $ per share Mar. 28 $ per share preferred series A $4.50 27 61 *14% Corp Chemical 45% 60% —5 Webster Studebaker 17 4 17% Jan prior Stone 7 44% 613/4 34% .100 : PRICES Wednesday $ per share 46% —1 preferred 53% Feb Mar 30 67% Jan 5% 2 26 $ per share -.5 (J P) & Co Inc Stewart-Warner Corp Stokley-Van Camp Inc sharei 101% No par SALE Mar. 27 61% -50 common Stevens 2 16% Mar 26 7 Mar Sterling Drug Inc 41% Mar 14 27% Jan 101 15 10 15% Feb" 2 11% Nov 24 1 10% Jan 2 36% Oct 8% July 17 116% Oct 16 28 23% Apr 27 71 convertible preferred Starrett Co (The) L S Sterchi Bros Stores Inc ! 15% Jan 20% Sep 38% July 13 55% Feb 44% Feb Jan Nov 24 18 4% 13 HIGH Tuesday 45% preferred series A .100 Standard Steel Spring common. —1 5 56% Feb AND Mar. 26 $ per 3%% 9 X98 % Mar 14 18 LOW No par Standard Oil of Indiana™, ...25 Standard Oil of New —25 Jersey Standard Oil of Ohio common.. -10 10 24 % Feb" Mar 27 14 Feb 36% Jan 10 21% Apr 21 16% July 5 16% July 13 25% July 17 93% Dec Sep 28 103% Nov 24 3 10% Jun 38 ' Monday Mar. 24 standard Oil of California 9 105% Mar 2 52% Mar 24 29 18 Jan 105 % Mar ' 26% Mar RECORD Saturday Par n 66 4 Dec STOCK STOCK EXCHANGE 4fl% -Fob 2 Jan 18 Vs YORK $ per share 42 Vo Feb 100 NEW Highest $ per share . 44 66 YORK STOCKS Year 1950. 23 Xll% 35 105% 740 15 5/a "Y. 105 3/a 153/4 21% 21% 343/4 12,300 106 *105% .. 3,760 5,000 21% 12.200 ' 34 102 34 ' 102 11% 1,200 < 102 300 11% •343/a 9% 35% 90 9% 35 11% 9% 5,100 2,400 1,700 3,400 U 10 Feb 21 13% Jun 22 13 Jan 2 15% Mar 39% July 14 47% Dec 19 47% Jan 2 53% Feb 14 10% July 17 13% Jan 10 12% Jan 2 143/4 Feb 6 26% Jan 39% Nov 24 37% Jan 10 55% Dec 11 13 40% July 17 110% Oct 30 96 114 July 7 Jan 30 103% Aug 18 90% Jan 30 99% Aug 15 103 * ■„ Jan 24% May 81 50 24 2 107% Nov 28 35% Dec 30 Jun ' 27 105 Jan 9 54 Aug 21 38 Dec 30 37% Dec 18 31 May 12 25% Jan 13 106%. Jan 13% Jan 3 112 Dec 18 Mar 20 *53% •m '■ 93 104 44% Jan 19 Mar 28 593/8 Feb 9 .Mar 16 112% Feb 2 -Feb 17 102 % Mar 24 96 Mar 24 107 34 V Jan 25 98% Mar 13 50% Jan Jan 9 40% Feb 14 22% Jan 10 99% Jan 6 32% July 12 23 Jun 33 Mar 29 48 30 32 2% July 12 4 36% July 11 3% Jan 3 50 Dec 20 Sep 28 4 109 22 21 44% Mar 13 Mar 3 Mar 13 Jan 31 48% Jan 3 18 3% Jan 13 4% Feb 5 45% Jan 4 49% Feb 13 43/4 Jan 22 16 Mar 29 25 39 18 11% Mar 30 351 Jan Mar 22 26% Jan July 17 12 18 13 3 293/4 Mar 22 125 17% Jan 107 2 3 Mar 58 July 50% July 14% July 22% July 29% Jan 112% Jan 2 12 Jan 4% May 31 12% Aug 21 78% Mar 3 8% May 22 3 40 25 Mar 13 28 111% Sep 13 18% Dec 29 109 % Jan " 36% Feb 27 27 18 7 14 33% Jan 107 24% Dec Dec Mar 39% Feb Feb 103% Dec 7% Mar 28 11 52 25 106 Mar 17 Jan 8 ;79% July 11 24% July 17 •- 3 Sep 21 53% Oct 20 66% NOV 2 4 Jan 2 30% Mar 16 Un El Co of Mo pfd $4.50 ser_.No par Preferred $3.70 series No par Preferred Preferred $3.50 $4 series series No par 25 Union Pacific RR Co United Aircraft 5% convertible United Air % Corp Lines United-Carr United 40% 40% 41 1,800 "6,200 5434 533/4 54% 54% 54%: 17:800 111 *110% 111 103 *101 103 93% 93% 104 *93% 105 '35% 36 ; 100% *104 101% 353/8 101 111 111 110% *110% 111% 110 % 110% 103 *101 103 *101 103 101 103 94 94 94 *93% 105 *104 353/4 35% 102 102 110% 104% Inc 51% 373/4 373/8 35% 100 *107% 108% 100 36% 100 No par Fastener 35 % 37% 35% common—10 Co *104 361/8 513/4 No par Stores com—30c $3.50 convertible preferred United Corp (Del)-— 100 1 28% *107% 29% *119- 28% 125 *32% 121 32% 33% 110 *107 " 29% 28 3/a 123 *119 323% 293/8 33% 110 *108% 110 *18% 19 *18% 18% *45% 46% *45% 46% 46% 46% 28% 28% 28% 28% 28% 28% - 4 %. *47 4% ri ? 33% 4% 4% 4% 46% 46% 4% 93/4 4% 9% 43% 100% 107% 28% 120 33% 109 50% V *37 34% *107 28 lOVa 108% 100 28% 35,000 1193/8 800 33% 32% 32% 900 *108% 110% *108% 110% 18% 18% 18% 46 47 48 46 28% *28 4% 10,000 27% 46% *181/4- *28 29% 4% 43/8 46% 45% 46 43/a 4% *93/4 10V4 43/a *93/4 4% 10% 46 700 35% 119% 183/4 28% 4% 46% *107 3,100 37% 34% 28% 461% > *37 1081/2 5,600 51 503/4 37% 34% 90 9,700 101 100% 51% Y'XOO ■ 35 % 34% 101 Y tlL. 104% 119% 33% 119% 18% 4% *93/4 4% 46% 1 101% 511/4 109 47% , 35% 35 27% 34 *108% 35 37% 117% 18% 110 353/4 *104 »^130 93% *93% 104% 34% 107% 93% *104 37 122 931/4 104% 51% ... 1081/2 18% *108% : *101 :/ 94 35 .29% 800 4% 41,700 4% 4% 10 600 2,900 46 46 140 76 *75% 76% *75% 76% *75% 76% *75% 76% '*753/4 76% 21% 21% 213/a 213/8 213/4 21% 21% 20% 21 Vs 21% 21% 1,800 49% 49% 49% 49% 48% 49 49% 49% 48% 48% 48 48% 800 73% Feb 13 68 3/a . 90 21 5 59% Jan 2 United Dye & Chemical Corp com.l <7% preferred 1 United Fruit Co 68% 20% 20% 20% 27%* 57% *•27% Feb 9 29% Feb 17 Mar 30 18 3/a Feb 1 United Gas Improvement Co—13% United Merch & Mfrs Inc—1 1 United Paramount Theatres 22% Feb 9 21% Feb 9 Nov 24 39% Jan 2 453/4 Feb 9 106% May 23 21% Oct 24 100% Jan 2 1063/4 Feb 28 20% Jan 2 90% July 26 135 Jun 5 104% Jan 4 124 181% July 19 8% Jan 3 189 Mar 2 180% Mar 14 16 14 64% Dec 29 61 24% Mar Feb 1 13 185 Jan 26 4 19 Jan 17 Mar 29 70 Jan 25 Jan United G&s Corp U S & Foreign Securities Machinery preferred-- 38% Nov 22 37% Jan 2 55% Jan 31 U S 8% Jan 10 22% Nov 25 21% Jan 2 28% Jan 16 U S Leather Co common 28% Jan 9 68% Dec 64% Feb • 2 84% Jan Industrial Chemicals 69%' 69 69% 68% 69 681/2 20% 21% 20% 21% 21 27% 27% 271/4 27% 273/8 15 3/a 153/4 15% 19% 18% 15% 15% 153/4 15% 20 20% 19% 20 % 20 20 3/a *41% 21% 100 com w 116 *175 *19% 41% 421/4 105 *103% 22% 21% 15 15 *64 66 21% 118 % 180 f". *18% 41% 1033/4 *174 23% Class A conv preferred No oar 61 Vs 67% * 68% 70 19% *18% 19% 21% 21% 21% 21% 119% 118% 1191/2 117% 117% - 180 *174 180 40 *173 40% 180 . 130 2,000 118 118 *173 5,300 • 213/4 4.000 180 15 15 141/4 143/4 62 62 61 61 51 5134 bJ.% bis3/e 52% 52% 5,300 23% 22 22% 22% 23% 23% 25% 18,300 70% *66 63% 67 70a/4 72 75% 1,600 - • . " 16 *183/4 20% 67% 23 20 21% 22% 22% 16,500 40% 52% 22% 14,500 193/s 104%v 51% 51% 15% 19% 40 . 15% 50% 15 19% *103% 64 52 2,500 153/a 1033/4 15% 51% 13,600 1033/4 64 No par 4,800 213/4 27 3/a 41% 15 No par 683/4 21% 273/b "■ 103 3/4 66 * 300 40% *64 ' 49,7QO^ 103% 15 " Xl9 20% 41% 118 *175 180 5 *19% 103% 21% 117 117% 100 20% 41% 105 4% 93/4 * 15% 19% *103% '. 21% 27% 43/a 93/4 69 203/4' 15% 20 preferred Hoffman < 27% *19% No par No par U S Freight Co U S Gypsum Co common 7% 68% 1 No par $4.50 1st preferred 4%% 69% 1 Certificates of interest U S • 10 23 15 *10 No par 10 40% 53% *51% 25 24. 40 551/s *37 19% Jan page 41% 543/8 35% 26% Jan see 40% 55 51% 18 18 footnotes 40 37% 27 20 12% 51% 29% Apr 16% Dec 14% Dec 50 12% 35% 20 % NOV 42 14% 50 123/4 403/4 37% preferred Cig-Whelan 14% 50 12% 5 common preferred Carbon 14% 50 13 v 1023/4 51% United Biscuit of America—No par $4.50 preferred No p£r United Board & Carton Corp 10 United 14% 50 123/4 No par Union Tank Car Co 4% 50 common 54% 143/a 491/2 12% *110% non-cumulative preferred—50 4% 55% 143/4 50% 123/4 *101 No par Union Oil of California 40% 143/4 50% 123/4 5 9 For 54% 14% 50% 100 i2 4 40% 12% 393/4 United Engineering & Foundry 17% Jan Mar 11 No par No par Union Bag & Paper Corp & Carbon Union Carbide 143/8 •50 United Electric Coal Cos 23 18% Jan 46% Jan 12% 7 Jan 3 22 14% 50 12% 9 81 12 4 14% 50 Co 243/4 Feb Jan 30 1 5 No par Rubber 54% Jan 12 Mar 30 24 Oct & 20% Mar 15 23% Jan 14% Jun Asbestos 48 69% Jan 123/s Jan 22 15% July 13 99 Union 4% 10% 71 9% Mar 26 15% July 13 27% July 12 Udylite Corp (The) Underwood Corp 14% *60 14% - 62 2,100 * :: 110 • The Commercial and Financial Chronicle 24 . . Monday, April 2, 1951 . (1392) Ranee for Previous Year 195© $ per Sper share 29 8% Jan 34 % July 13 49 % Jan Jan 10 65 % July Jun 77 17 88% July 97% Apr 52% Ocl 5 37% Jan 3 18 143% Oct 33% Mar 31 62% Not 54% July 14 42% Dec 13 July 5% Jan 9 Feb 22 26 11% Apr Dec 19 - 3 Jan 100 3 96% Feb 59% Feb 9 8 18 135 Jan 8 142% Feb 19 5 8 24% Oct 3% Dec 4 x25 Jan 177 7% July 10 *12 26 5 1 4% convertible preferred Universal-Cyclops Steel Corp 2 50 .1 26 Universal Laboratories Inc..: 1 27% Feb 17 26% Feb Jan 15 Jan 3 25 2 2 9 19 10 3 Jan 11 % Dec 27 Dec 115 30% 17 24% • 104 105% ' 46 4 Jan Jan 10% Jan *103%May 26 7 27% Jan 26 19% July *33% Dec x30% Oct .. 13 37% Apr 13 22%-Sep 1 6 14 36 48 Apr 24 65 Dec 21 12 Jun 14% Jan Feb NOT 24 9% Dec *30% Jan May 11 28 10 28% Feb "55 "28 9 ' 7f# preferred ———,——..20 Jan 20 33 ; 56% 28% .32 , x48% 15% *91% 53% 53% 139 47%> 70 92 10.600 53% 138% 460 138%: 47% 47% 47% "65% 66% 66 66 41% 41% 42% 145% . 147% 147% 1 , 19% 19% 20% 41 156% .'144% 11% 19% 20 42 "41 5,200 200 67,100 "41 2,600 19% 3,200 19% 19% 42 ' 145%' *41 30 42 "6% 11% 6% '6% 6% *6% 6%. 400 11% 6% 11% 11% 11% *11% "11% 2,500 99 *95 ' "94 ' 98 3% "24% 4% 26 >167 167% *167 25% 167 9% 9% 54% 54% "54% 28 28 31 32 yy 16 55% 56 27% 27% 31 V 15% 15% ; *31% 18% 18 i8 y8 18 17% 24% 24% 24% 243/, 24% 28 4,200 31% 4, GOO 15% 153/4 2,200 313A 17% 17% -17%- 4,600 243/, 24% 24% 1,100 503/. 1,300 i i. - *110 ; 200 *110 *110 *110 *110 *110 1*110 *110 110 *119 24% *24% ' 120 *31% 15% 313/4 17% h 55% 30% ~ 15% 24% 18 :-• 18% 7,900 27% 30% 30% 32 10 9% ' *55 31% ' 32 900 167% 9% 9% 28 30% 16 ; *31% *167 167% 600 4,900 26 26 56 28 700 4% 4% 26 9% 9% 4,300 25 24% 4% 9% 5 "24 24% 4% 25% 3% 26 24% 25 500 99 3% *24% 4% 4-% 25% 167 3% 26 "24% 26 24% 26 4% 3% 3% 3% 25% '24% "95 98 3% 25% 16 110 91% 5,200 41% 66 42% '6% '94 32 36% 138% 48% 66 41 3,1% 31 75 36% 53% 41 148 148 3% 26% *31% 45 75 ' 95 16 54 3,900 200 77 35% 91% 138% 139% . 39% * 6% 11% 32% 49% *7% 39% 34% "75 '92 66% 41% 20% 42 32 • , 8% 8 % 39% 39 .• 36% 42% '65 "25 25 25 - 4% 4% "24% 25% "167 167%. 9% 10 55 55% 28 28% 10% 10 75% 53% 54% 17% "7% 39% 92 139% 95 3.900 * 94% '92 54% • ■ 17% x35 139% 3% 25 Jan 31 Vanadium Corp of America__No par 31% Feb 13 Van Norman CO ; 2.50 15% • . Feb 5 / Van Raalte Co Inc 10 - *31% r Jan 10 Vertientes-Camaguey Sugar Co__6% 18% 27 Jan 13 Vlck Chemical Co 2.50 * 24% 111 a Mar 2 Vicks Shreve & Pacific Ry com__ 100 *110 ..V 110% Mar 20 5% non-cumulative preferred—100 *110 v 52 Feb 6 Victor Chemical Works common—5 *50% 100% Jan 18 3%% preferred ..100 *97 • 14% Mar 2 Va-Caroiina Chemical com—No par 11% 126% Mar 2 6% div partic preferred 100 119 22% Mar 1 Virginia Elec <fc Power Co com—10 '. 22 116% Feb 20 $5 preferred 100 *114 , 106% Jan 26 $4.04 dividend preferred..: 100 V *102 - 60 Mar 26 Va Iron Coal & Coke 4% pfd 25 *55 ,i 35% Feb 5 Virginian Ry Co common.. 25 32% 31%Mar3 6% preferred 25 30% 42% Feb 3 Visking Corp (The) 5 38 20% Jan 12 Vulcan Detinning Co common 10 18% I • 17% 39% 54% 6% 11% 17% 8% 39 78 39% 94% 54% 138% 50 20% "41 167% 36% 16% 33% 18% Jan 5 18% Jan 3 113% Mar 29 103 Mar 29 41 . Jan 5 31 % Mar 28 29 Jen 2 35% Jan 20 17% Jan 2 30 7 July 17 100 • 4%% 59% Feb * 114 117% Aug 25 106% Dec 21 46% Dec 30 12 Jan Jan Jan Jan 100 28 • 28 Mar 23 22 16% July 27 preferred — Utah Power ic Light Co * 51% May 19 101% Dec 29 29 25 100 1 preferred 8% - f 4% "167 Universal Pictures Co Inc com 26 12 ' 12% Feb 13 , 4% Universal Leaf Tobacco com__No par 170% Jan 9% Mar 28 July 12 6% Jun 5% Jan Mar 13 8 May 31% Dec 2 2 105 17% Nov 17 27% Feb 9 14% Jan 103 96% Mar 22 28 Jan . 166 8 25% Jun United Wall Paper Inc common Feb 22% Jan 9 10 39% July 26 79 22 4 • 18% Dec 20 28% Oct 11 3 114% Sep 24 4% Jan 24 38% Sep Jan 96 % Jan 30% uan 24% Feb 23 98 1 6 22% Jan 16% Dec 20% Jan non-cumulative preferred—25 United Stockyards Corp 1 1% 13 2 3 12% Jan U S Tobacco Co common.:—No par 13 10 14 preferred Feb . 26% Jan Jan No par 100 United Stores $4.20 non-c 2d pfd—5 $6 convertible preferred—No par 54% Jan 20% Feb 8 Steel Corp common 7% 7% Jan 26 28 Deo 27 5 50 "75 78 39% Shares 18% 75% 40 139% 50 A "65% 66 41 % 42 148%-148% - 50 '*•' Jan 11 42 ; 34% Aug 16 21 May 23 97% Mar 'V 27 61% Jan 27 24% Dec U 30 > 138% 139 50% 50% '65% 66 % : 42 42% "148 V 149 " "20% 20% 41% 41"% • 6 % 6% 11% 12 , "95% 98 • 3% 3% ' "25% 27% 25% 25% 100 preferred 3% Jan Sep 9 10 9% Jan July 28 45 3 94 Apr 17 16 Jan 1st preferred non-cum 7% 20% Mar 20 3 Jan 6% Jan 18 20% July 27 161 8% 39% :•> $ per share 17% 8% 39% Sales for the Week S per share '7% 18 "7% Friday Mar. 30 Mar. 29 $ per share share 17% 8% 40% '75 39% "92 54% 54% 10 U S Smelting Ref & Min com 8 * 6 % - U S Rubber Co common * 153% Jan 19 , 18% Jan 41 3 26 3 47% Jan 144 % Mar 30 21 Jan 67% Mar 61 r 2 Mar 28 41 29 Jan * Mar 28 45 61% Jan 6 . 8% 39% 40 '75 78% 39% 40% '92 «■'-.; 94% . 10 1 100 t.pA Thursday Mar. 28 Mar. 27 18 "7% *7% 20 preferred series A 3%% 14 2 91% Mar 29 Co 17% PRICES Wednesday Tuesday $ per share 18% 18 —_1 U S Plywood Corp common. Jan 22% Nov 15 5 42% Feb- 8 S per share"- Par ■-. 10 U S Pipe & Foundry U S Playing Card Co 51 4% Apr 24 27% Jan 9 2% July 17 29 84 % Mar •.7 • , preferred 4Va% 12 Jan $ , SALE HIGH AND Monday Mar. 26 , Mar. 24 U 8 Lines Co common 16 B 44% May 19 6% Oct 28 3 91% May 2 Jan t share 8% Jan 43 34% Mar 29 151% Not 20 *Jan 4 ,18% Dec 27 139 40 Jan 74 11 68% Mar 25% Jan 37 38% Dec 39 23% July 12 126% Jan 8 LOW Saturday STOCK YORK EXCHANGE 20% Feb 3 • 10 13 7% Dec : •17% Jan 4 18 27 $ per $ per share v share Feb 14 % Jun NEW , RECORD STOCKS Highest Lowest Highest Lowest 1 Ranee Since Jan. ' STOCK YORK NEW " 80 ' 51% *50% 51% 101 *97 101 119 *116 55% *102 x60 32% 59 32% 30 60 (. 32% *32 V« 32% 30% 30% 30 Va 38 37% 37% *37% 18% 18 18 Vb 181/. ♦31 32% 32 • 21% 60 60 21% 9,700 *113 Va. 114 Va 150 21% f '101% 103 59 29% 30 38 37% .60 17% 18 sV • 30 VB 38% ' .32% 30 Vb 37% 18% 32% 32% 303/, *31 600 60 38% 17% 31% 17% *31 32% 67% x60 60 59 13 *12% - • 30 11 1,200 30V1 ,: 383/« • '38% 18 17% 'V 3,000 800 2,500 i "32% *31 - 20 340 31% 31% 32% *31 32% ^ 5,400 ' ■ 'V' V, 11% 117% 21% 103 Va ! 101 11% 113% 103 1033/4 *97 *116 113% - *113'/a 115 1033/4 / 11% 116 116 22 V8 213/4 22% 115 50% : 101 11% 11% 116 Va *102 50% *97 : 11% 115% 57 : 50% 101 *97 *113% 1033/4 " 1. 12% 119 22 114 114 *102 103% 11% 117 - 22% 21% 22% 115 101 *97 ■ 11% 11% 12% 119 50% 51% 51% 51 20 W 26 26% Dec 6 32 Jan 13 53 31 6% July 13 97 106 16 Jan 47% Mar 29 8% Jan 24% Jan Jan 11 .. 17% Mar 16 28 Jun 8 34 13 83% Feb ' v 24 11% July 13 5 Jun 27 27 19 29 18% Apr 15 21% July 13 * Jan 2 43% Jan 10 34% Feb 1 A 25% Feb Rights 18% Feb 13 9% Feb 36% Jan 5 29 Jan 5 30 Jan 27 West 26 West Penn Electric Jan 27 109 29% Feb 24 Mar 32 13 7 104% Mar 20 107 Feb 109% Mar 24 18% Dec 21 101 % Mar 27 107% Feb 2 Nov 15 108% Jan $ per 40 % Jan 25 5 23% Dec 3 20% Jan 41% Dec 22 Jan - 11% Jan 13% Dec 28 July 12% July i 27 27 $ per share 28 39 ' 15 14*% , 47% Feb 10 pfd ' ;■ 2 55% Feb 9 Co Jan 25 Jan 3 19% Jan 44 Deo 39% Jan 2 47 Vb Feb 13 Western Union Teleg class Mar 15 35% Jan 16 102% Sep 22 16 22% Feb 112(0; Feb 20 60% Nov- 29 18 34% Dec 12 Deo 6 129 35% Dec 28 99 , ., 104 % Feb Mar 30 Feb 34% Jan Jan 42% Feb 2 Mar 27 94 3 94 Oct 19 90 Jan 12 41 Feb 29% Jan 26 32 Mar 9 26% Mar 15 19% Jan 2 30 Feb 9 36 - 27 15% Feb ;: 8 28% Dec 27 18% Dec 19 25 Va Nov 33% Jan 12 35% Nov 22 34% Mar 22 17 % May 15% Jan 12% Feb 15 5% Jan' 49% May Jun 12 77% Jan 11% Dec 29 5 70% Dec 30 27 5 9% July 11 ' July 18 32% Jan 42% Dec 26 3 16 % July 13 137 2 10 16 16 91 Oct 24 Sep 22 13% Dec 30 22% Feb 25 Feb 3 Sep 22 July 3 70 July 26 10% Feb 16 4 29 95% Dec 29 98% Dec 18 89% Apr 13 21% Deo If 24% 24% 24% 24% 24% 24%. 24% 16% 15% 16 VB 16 16 16 16 16 8% 33 8'A 8% 8% 32% :<■ 8% 8% 32 Va 32% 32% 87% 86% 86 30 Vb 30% 30 Vb 30 26 26 Va 26 87 44 87 25 Mar 14 Mar 20 75% Jan 5 21% Jan '/"jr.. 2 13 9% July 13 Dec 21 36% Jan 25 ' •; Tale & Towne Mfg Co 3 York Corp common. 50% Mar 13 59% Feb 11% Jan 3 19% Oct It 16% Mar 13 Jan 13 70% Apr 14 6% Apr 23 38% Jan 10 42 Feb 1,500 16% 1,400 7% 7% 2,700 323/4 3,500 86 86 31 30% 30% 253A 25% 28% *86 " 28% 28% - 109 110 *109 *104% 106 104% 106 *1043/a 101 Vb *101 Vb 103 102 102 *101% 103 16% 16% 16% 16% 16% 163A 163A 76% 76%:! 77 77 77% 77% 77% *109% 110 ' " : 110 *109% 110 AND Monday HIGH SALE Tuesday Mar. 2G 108% 13% 14% 13% 14% 13% 46% 46% 46% *46% 25% 25% 25% 51% 51% 90 90 46 46% 46% 24 VB 24 24Va 46% 46 25V4 23% 43 ' 39 ' 39 50% 52% 50% 51 Va 51% 52 6,200 90 90 90% 90% *89% 90 1,300 52% • 92 - V - *39 *39% 40% 41% 42 42 42% 411/4 41% 32% 32% 32% 32% 32% 32% 32 32% 37% 38% 38% 39% 37% 38% 37% 100% *100% 100% 100% 100% 99% 100'A 38% 99% *32 32% 33 135 "125 32% 135 41% A 41 32 32 .3i% 135 *125-:f 36% . >99% •• *125 36% 36% 37 35% 36% 91% 37% 11,700 45% 223/4 38% *125 Shares 14% 14% 32% 32% Sales for the Week $ per share 14 13% 43 135 40 46% 52 *90 : 110 25% 25 *41 90% 1,000 Friday $ per share 14 53 2,500 Mar. 30 Mar. 29 $ per share 14% 43 ao 16% *108% Thursday Mar. 28 $ per share i 79 16% *78 110 . PRICES Wednesday Mar. 27 $ per share 120 106 16% *41% 85,400 ■ 106 76% 43 * 110 77% 110 5,600 3,200 11,500 V 28% 28% 28% "A 30% 25% 110 109 ;17 Vs HO 490 87 . 30% 253A : A 91 Va K,33%f . 31% 41% ; 135 a 37- -OV-iV 17,700 40% 200 .p 42% 32 1.800 -■ 32% 12,200 8,500 38% ; 38% V* 99 / 99 Vb v *31% 32% *125 135>ril4 if 36 -i / 3T-> 71.900 1,200 600 a10,600 1 93 94 92 92% 31% 31% 31 31% 31 31V -*30V2T>Sl.Va Ujr- ♦30% 28% 28% 28% 28% 28% 27% 28% •;i,'27y8TJ28'; ttvr, .27% 5,600 21% 20% 21 Vb 21 21 % 20% 21% 20%:->20% -w -:20% 20%*%'3 * * 4,700 *34% 35% 35% *35 35 Va *35 35%" 16% 17% 17% 17'A 17% 17% 17% 17% 17Vs 17% 17% 17% 9% 9% 9% 9% 9% 9Vs 9% 9% 9% 9% 9% *70% 70 Va 70% 69% 69% 69% 69% 9 *70% 92 *31 *35 71 13% .*82 70 35% . ; 35*. 35 92% 85 69 Va 13% 13 VB 13 Vb 13'/e 13 »A 13 Vb 84 % 82 82 82 82 31%3Jr3if 69Va 13% *82 Vb 13 Va 13 85 *35 \-n - 200 3,300 19,800 • 900 10,000 13% " r*.200 1 f700 83 '81% 14% — 20 *135 -—100 14% 14% %20 "■ *45% 10 45% .1^10 26 % 138 ,14% *14% .15 14% 14% *14% 14% 20'A 45% - V 45% ■25% 26 % 83% 83 Va 98 Va ' : ■45% 98 Va 26% 83% 83% *98% 100% *85 45% 45% 46 *135 138 20% ; 46'A 45% 138 20 Vb 46% 45% 20% *83 138 19% 45% ' 45% 45% 25% 26% 25% 26 *83% 84% *83% 84 97% "95 97% :*83 87 87 *84 r- '* ' 46 *135 *96 * 87 *135 20 Va 87 45 Va 20 19% 138 '135 46 45 45% 25% 25% 253A 83% 83% '83 'A *95% 96'/a *84 87 45Vb 45% *84 • 1,000 ; 9,300 4*200 25% ;t 84 96 96 « 4,200 138 46 45% ' 14% 14% ■" 20% 20 *135 • 280 400 y* ' ' 87 : 30 •<.6° 77% 77% 76% 77 77% 78 77% 77% 77% 78 Vb 773A 77% 1.000 15% 16% 15% 15% 15% 16 15% 15% 15V4 15% 15V4 15% 4,700 39 38 38% 38% 37% 38% 39 39 39 39 5,300 12% 12 12 Vb 12 12 Va 1,300 39% 30% Jan 38% Feb 26 2 - N . *38% 23 1 12% *38% 4% % 16 2 24% *32% 8 26 28% 101 Va convertible preferred 50 Young (L A) Spring & Wire.No par Youngstown Sheet & Tube No par Youngstown Steel Door No par 19% Jan 17 2 1*1 9 47% Oct 31 Jan 1.400 24% ■" 104 No par 13% Feb 11 July 14 24% July 17 16% ' *102 13 VB 40% Jan 14% May 19 43% May 29 37% Oct 20 53% Oct 6 36 13,100 16 5/8 32%- 30 109 104 ■ 38 1,700 Va - * - Jan 25% Vb 21% preferred 4%% series—100 ... Prior pfd 4%%. conv series—100 Wright Aeronautical No par Wrigley (Wm) Jr (Del) No par Wyandotte Worsted Co— 5 •' 27 85 Va 85% 14.200 30 ■' 243A 28% Prior 17 - 8 32 2,100 31% - 9 x78% Jan 15% Mar 28 28% 109 *104% .V* : 25% Va Af 109 106 *91% Worthington Punip & Machinery Common ——-—No par 29 Jan •'A29 , '* 84% Mar 12 105 Va Feb 6 98 28% alit *104% *82 % Woolworth (F W). Co 36 ' r 109 106 Inc common.—No par 6% preferred 1 Woodward Iron Co— 5 28% Jan i 372 110 32% Wisconsin Elec Power Co com____10 9 46% Feb 2 24% Mar 14 95 Mar 17 140% Jan 10 50 Feb 5 3 Jan 75% Jan Wilson & Co ; 28% 28% 8% 32% 8. 31% 26 Va *100% 5 9 20% Mar :;a' 86 30% 26% ' 37 4 ' Jan 51 25 *125 Feb 15 25 ■45 Dec 79 12% Jan 17% Jan 36 16 16% 100 $4.25 preferred Wilson-Jones Co .20,800 16 16% oq 12.50 Wilcox Oil Co. 5 113A 16 Va 247/B 16% 42 Willys-Overland Motors common..1 $4.50 conv pfd series A No par 87% Feb 30 11% *16% 16% 3,100 103% O IO A 16% 900 v- 20 195/B * A, 25% 32% 15% Jan Mar 28 45% Sep 15 77 4 82 Instrument r: 29% 16% 51% 75 26 Mar 20 25 20 193/4 17% "41 Jan 2 29 24% 12 Mar 13 26 Jan 13 138 Jun 16% July 12 74 68 % Jan Jan-23 18% Mar 12 26 Mar 24 13 142 69 July 18 9* 23% Mar 19 29% 25% 26 .No par $5 conv prior preference_.No par White Dental Mfg (The S S) .20 White Motor Co ——_cl White Sewing Machine com____—1 Prior preference it——20 13 29% *25% 30% 25% 46% A.No par Wheeling & Lake Erie Ry— Wheeling Sieel Corp com 19 126 8 Electric Weston 36% Jan 22 31% Mar 20 125 36 Va 13% 12Va, preferred series B..,—100 3.80% 36 29% $ per share Westinghouse Electric com 7 37% 26 *109% 100 Preferred series A 39'A Mar 27 2 % July 15 Jan* 26 105% Feb 32 .34% Jan 36 30% 17 Westinghouse Air Brake__j_.No par ,1 ll'/a 26 90% 48 87 Jun 23 11% 29% 77% Ry com. 29 33% Oct 24 11% 26% *102 1 10 Oct 24 36 11% 38% *104% Far V' Dec 13 11% 20 :> 10% 103% 30% Saturday 89 29% July 13 1023A *38 LOW 55 24% July 13 10 V2 103/b 103% 19% :'v 3 94% Jan 24 10% 19% ♦102% 38% 28% 100 v 4% non-cum 2nd preferred—100 Western Pacific RR com No par Western Maryland 49 % Mar 11,800 10 % 10% 20 103 37% Mar. 24 •' Western Auto Supply 10 10% '10% 103 *109 64% Jun 27 28 10 % 30% STOCK " ■. 6,800 26 .100 Western Air Lines Inc 29% Feb 26 25 Mar 28 / A Mar 22 ,48 % 38% EXCHANGE Highest 47% ;u% •?e NEW YORK Range Since Jan. 1 Lowest $ per share $ per share 51% Apr 37% July 26 ■ Feb 48 11% *87 No pat Co 4 Vb % STOCKS Highest share 3 47% 11% 32% —.100 4.10% preferred series C—_1100 West Virginia Coal & Coke.— 5 West Va Pulp & Paper com..No par 4%% preferred— 100 5 48% 11% ^ 4.20% preferred series B 13 Jan 1111 Mar 14 Range for Previous Year 1950 Lowest 20% Feb 84- 16% Mar 28 75 27 47% 19% Rights 14 • Kentucky Coal Co West Penn Power 23 48 »/a 24% __1 4 West Indies Sugar Corp 8 112% Jan Mar 26 1,800 48 102% - 27% Dec 28 28% 19% *16 preferred—No par 35 109% Feb 7% Jun 26 convertible Mar 14 25% Mar 13 * 28 Va 16% Wesson Oil & Snowdrift com—2.50 $4 28% 123/4 . Vb 2 15 28% 29% 10 89% Feb 123/4 28% 102% Knitting Mills 2,000 12% 28% 20 5 59 59 ' 12% 28% 103 *26 15 85% Mar 28 > io >: 10 Va 59 13 28% *12% — Waukesha Motor Co—. Wayne . 38% & Pipe 30 111 10%* 20 *102% 7% Jan 15% Jan 68 11% 5 114% Jun July 19 48 Va 5 Bros 88% Sep 25 35% Dec 28 Dec 47% 31% Jan • Sep 26 28 Dec 9 26 107 — 27% Dec 28 78 49% .5 Wayne Pump Co—,L 1 Webster Tobacco In<L_——5 .21 % Jan 14 4 49% Pictures 31 Dec 12% Apr 17 44% July 14 12% 28% _1 100 Mar 29 19% Jan 16% Mar 15 Co Warren Foundry 7 : Mar 27 104% Oct 104% Oct 28% No par Warren Petroleum Corp 3 Washington Gas Light Co—No par 23 ' % Mar 14 110 12% 28% r_ Warner 9 " % Mar 29 ; 12% 28% __No par 2.50 G & W preferred 5%% 65% *12% Ward Baking Co common 13% Feb 24% Mar 30 17% Dec July 13 23 27% Jan , 18 ; 21% Feb 23 103% Mar 5 35 297/<fPec 21 273/Aun 8 30 Walworth 11% Jan 29 10 Jan 11% Mar 28 6 12% Jun 4 17% Jan 24 14 9 100 Sep 19 ;; 16% Jan 24% Jan 28 56% Feb Walgreen Co Walker (Hiram) 69 *66% Waldorf System 13 Jan 38% Feb 15% Feb 13 X29% Feb Jan 28 8 Dec 13 Va Feb 2 12 4 24% July 18 11 2 10 20% NOT 24 14% July 14 7 Mar 29 67% 100 No par No par preferred Wabash RR 71% Feb 59 38% 12% *12 Va 12% 12'A 12% 40 *38% 39 Va 40 % 40% *39% i 12 41 *39% 41 3934 200 35% 35% 35 35% 35 35 VB 34% 34% *34% 34% 35 35 1,200 51 VB 51% 51 51% 51% 52% 50%' 52V4 50% 51 Va 51% 51% 8.500 18 18 17% 17% 18 18 17% 17% 17% 17% 17% 17%' 2,400 66% 68% 66 67% 67 68 66 66% 67 66 % 67% 5 5 *4% 5 '4% I- ■la-Mt-'i 1 i j 3% Jun 27 - '47% Jan! dividend? a?I^-rightsPriC^ HEx-stock 4% Jan dividend Zenith Radio Corp..—— 71% Feb 13 5% Feb (V3th share & of Zonite Products Corp 4%^ pre No par 1 5% 5VB 5 • ' 5 47/^;fc 5 ^_been filed^fot company's reorganization, a Deferred delivery, r Cash sales.- s Special sales., wd When distributed. ferred"($50 par) for each share held). 15,100 7,600 xEx- Number 4999 Volume 173 . . Thvr Commercial and Financial Chronicler- . (1393) Bond Record New York «» FRIDAY WEEKLY - YEARLY - 1 , •,vThs italic letterg In the column headed "Interest Period'.' indicate in each case the month when the bonds mature. Flfvrea after decimal point represent v,1 Kane# for Previous ■ Year-1950 -• Lowest - Richest ■ 191.30 Sep 11 107 No? 13 GOVERNMENT BONDS " - Range Since Jan. 1 ." : Lowest --Highest - ' i' - 7 101.30 Sep 11 108.* May- 1 111.10 May, l Apr"25 102.19 102.14 Apr 102.14 Apr Nov"29 100.24 6c"tTl 100.25 __ 25 Feb~24 102.23 2%s 2%s 2%s 2%t |%s •« U.a 100.21 Jan 16 100.21 Jan 16 100.21 Dec 22 102.18 Feb 103.9 9 100.29 Aug 11 Jan 100.31 July 28 99.27 Mar 29 100.19 Mar 5 103.20 Jun 99.31 Mar 30 8 101.28 Jan 15 96.24 Mar 23 •Bid and asked price. sales transacted this day. J2%s New York Stock Exchange Last Period or Sale Price York 100.27 *100.24 *105.28 106.12 « 105.24 105.30 *105.18 105.26 *105.16 105.24- 100.12 * 100.10 100.12 *100.9 *100.9 100-.11 *107.4 107.12 *107.4 107.12 *107.2 107.10 * 107 107.8 *109.4 109.12 *109.4 109.12. *109 109.8 * 108.30 109.6 ♦111.14 111.20 *111.14 111.20 *111.12.111.18 * 111 111.8 «neijmi *100.22 100.24 *100.21 100.23 *100.19 100.21 *100.16 100.18 *102.7 102.11 *102.2 *102.2 102.6 *101.24 101.28 *100 100.4 100.2 *100: 100.4 H_ 1956-1958 1962-1967 100.13 102.6 *99.30 - •: !, 100.2 *99.30 „ 100.26 *106.20 106.28 . 108.28 *108.12 108.20- *110.20 110.28 *110.12 110.20 *100.16 100.18 *100.17 100.19 .."101.18 101,22 *100 *99.30- 100.2 1963-1968 *99.12 99.16 *99.12 99.16 *99.16 99.20 *99.14 99.18 *99.12 1964-1969 99.16 *99.10 99.14 *99.10 99.14 *99.10 99.14 *99.10 99.14 *99.10 99.14 *99.10 99.14 1964-1969 *99.8 99.12 *99.8 99.12 *99.8 99.12 *99.8 99.12 *99.8 99.12 *99.8 99.12 .1965-1970 *99.6 99.10 *99.6 99.10 *99.6 99.10 *99.6 99.10 *99.6 99.10 *99.6 99.10 .1966-1971 *99.4 99.8 *99.4 99.8 *99.4 99.8 *99.4 99.8 *99.4 99.8 *99.4 99.8 1967-1972 •*99.2 99.6 *99.2 99.6 *99.2 99.6 *99.2 99.6 *99.2 99.6 *99.2 99.6 *101.9 101.13 *101.2 101.6 2%s_ 2yas_ 99.16 *99.12 * 2%s Jun 2 Vis 2Vis Sep 1967-1972 Dec 1967-1972 *99.2 99.6 *99.2 99.6 *99.2 99.6 *99.2 99.6 *99.2 99.6 1951-1953 *100.24 100.26 *100.23 100.25 *100.23 100.25 *100.22 100.24 *100.21 100.23 1952-1955 *100.14 100.16 *100.13 100.15 *100.11 100.13 *100.8 100.10 *100.6 100.8 103.10 2Vis 2Vis 2V4s. *101.6 101.10 *101.9 i, 101.13 1954-1956 Dec *103.6 103.12 *103.6 103.12 *103.4 1956-1959 Jun *101.1 101.5 *100.25 100.29 *100.24 100.28 1959-1962 *99 *101 1959-1962 99.4 *98.30 1951-1953 *99 99.2 *100.4 99.4 99.2 *98.30 100.6 *98.30 *100.3 99 101' *99.2 *100.7 103.6 *102.28 103.2 *102.26 103 100.18 *100.8 100.12 *100.14 100.18 99 *98.28 ■„ 100.4 99.2 *100 *98.28 - . 100.2 99 "*98.26 98.24 98.30 *100 *98.22 100.2 *100 98.28 98.26 100.2 1951-1955 100.6 *100.2 100.4 *100.1 100.3 *99.30 100 *100.4 100.6 *100.2 100.4 *100.1 100.3 *100 100.2 *100 100.2 *99.31 100.1 1952-1954 *100.5 100.7 *100.2 100.4 *100.1 100.3 *100 100.2 ,*100 100.2 '*99.31 100.1 1953-1955 Bank ♦100.4 1952-1954 Dec 1951-54, *101.22 101.28 *101.22 101.28 *101.20 101.26 *101.16 101.22 *100 100.24 ♦100 100.24 *100 100.24 *100 100.24 *100 101 *100 101 *100 101 *100 101 *100 1C1 *100 101 *100 101 *100 101 *100 101 *100 101 *100 101 *100 101 • *99.31 100.1 *99.31 1C0.1 *101.14 101.20 Si 101.18 Development for *99.16 100.16 *98.24 100.8 , *99.16 100.16 *99.16 100.16 *98.24 100.8 *98.24 100.8 *99.16 100.16 *99.16 *98.24 100.8 *98.24 100.8 *97.24 99 *97.24 99 98.16 *97 98.16 *97 98.16 -*98 97.16 *96 97.16 *96 : *95.16 97 *95.16 97 *95.16 97 *95 96.16 *95 96.16 *95 96.16 *94.16 96 *94.16 96 *94.16 96 *97.24 99 *97.24 99 *97 98.16 *97 98.16 *97 98.16 *97 *96 97.16 *96 97.16 *96 97.16 *95.16 97 *95.16 97 *95.16 97 *95 96.16 *95 96.16 *95 96.16 *94.16 96 *94.16 96 *94.16 96 at par. a Odd transaction, lot r • 30 BOND S Interest Jan. 1 New York Stock Exchange Period No. Low ' : Week's Range Last Sale Price or 112 111% Low 9__ —June-Dec *74'/a 10. —June-Dec 76Vb series No. 11. June-Dec 73'/a 73'/a series No. 12_ —June-Dec *72'/a series No. 13- —June-Dec *72'/a series No. 14. __Junc-Dcc 73 3i 3%s series No. 15_ —June-Dec *73'/a 3%s No. 1'6_ —June-Dec 73 %33/4s series No. 17.. —June-Dec *72 3%s series No. 18- —June-Dec *74,/2 -„v ";V M series 73'/a : y» 3%s series No. 19- —June-Dec. series No. 20_ —June-Dec *72Va 3%s series No. 21. —June-Dec *76 No. 22_ 73 series No. 23_ —June-Dec series No. 24_ „June-Dec 3%5 series •■'"l High 75 76% 75 76% 73 1 73'/a 73 74 75 72% 73 73 3,4 73% 75 Va 75. .;v 72% 73 Va 73 V 72% 73% 73% 74 — 75'/a 172% . 73% 73 73 78 Va — — *72Va __Junc-Dcc 3%s 33/48 , Low 76 *72% 33/4s Foreign Securities Jan, 1 No. 76 y8' 33/4s V No. series No. 3%s _ series Range Sines Sold ' High 33/4s 120% Bonds Friday's Bid & Asked High , 97.16 Registered bond transaction. Range Slnm Sold 11,000 100.16 100.3 99 15 99.31 100.16 *97.24 June 99.31 *93.24 99 ' 99.27 *99.16 *97.24 redemption 99.27 Friday Bonds 111% 114 *101.12 for called High V7'v'.V.- 99.6 100.22 100.9 Jun ,■ I 100.20 *103 *98.30 *100.2 *100.28 *100.14 99.2 *98.28 100.5 101.4 3%s 111% *101.24 101.28 100.4 3%s —June-Dec *106.20 106.28 Dec City 1980. 100.25 *108.20 , 33/4s Corporate Stock *100.23 100.11 Jun Transit Unification Issue— 3% the Week Bonds ($>' High —1960-1965 Friday's Low Low *100.10 . Bid & Asked * New * 100.25 Sales for Mar. 30 High *105.30 106.4 RANGE FOR WEEK ENDED MARCH Interest 100.28 Low *100.11 Week's Range Friday BONDS *100.26 Friday Mar. 29 High 106.6 2s serials of '50 due Feb 15 1956 2a serials of '50 due Feb 15 1957 2s serials of '50 due Feb 15 1958 2s serials of '50 due Feb 15 1959 due 100.28 Low High 100.13 2s serials of '50 due Feb 15 1960 2s serials of '50 due Feb 15 1961 Is serials of '50 due Feb 15 1962 No Low *106 •" 8s 1972 2s serials of *50 due Feb 15 1953 2s serials of '50 due Feb 15 1954 2s serials of '50 due Feb 15 1955 96.24 Mar 23 Thursday .Mar. 28 *100.11 IB-year < High ♦100.26 PRICES * - 1956-1959 Re^nstructlon Dec 100.29 SALE Wednesday * ' 1951-1963 2%s 2%s_ International 102.6 *100.27 Low HIGH Mar. 27 1955-1960 Treasury 2s_ Treasury 2s Treasury 2s Treasury 2s 1 High AND Tuesday Mar. 26 - 1951-1954 Treasury 2 Vis. Treasury 2Vis Treasury 2Vis Treasury 2s 1 15 1951-1955 2%s.I I Treasury Treasury Treasury Treasury Treasury Treasury Treasury Monday - - Mar. Low 2%«_ 2%»_. Treasury 100.27 Dec point. a * la Treasury Treasury Treasury Treasury Treasury Sep'IB 100.29 32d of mora or Saturday EXCHANGE Treasury -Treasury ^Treasury Treasury Treasury Treasury aS~25 102.19 25 1 " NEW YORK STOCK *TV»«eiifv 111.10 May one LOW / 'jv 7»Va 72 Va 73 Va 73 Va 74?%' 72 — 73 Va 72'% 74% 73'/a *74 73 ' Wertheim & Co. Telephone y , Members New York Stock > REctor 2-2300 120 3%s Broadway, New York *72'/a : ^ 25. —June-Dec 26_ —June-Dec 3%s 27_ —June-Dec * 3%s; series No. 28- —June-Dec *72% series ■* , NY 1-1693 ; series 33/4s series No. No. —June-Dec 29. 3%». series No. 30. 73 73 ' '.Teletypes • No. 3%s series No. Exchange:' . 73 V'4 *72% 72 Va 73% 73 73 73 — — :. 74; — 74- v ' I . ..June-Dec Brisbane; (City)" sinking fund Sinking fund gold 5s 1958.... .... \ ."Wv . * lAGuaranteed sinking fund 6s 1947—.-Feb-Ausr ..'AGuaranteed sinking fund 6s 1948 April-Oct > Akershus (Kingdom of Norway^ 4s 1968 lAAntioquia (Dept); collateral.!^ i A' IA External •• ser AExternal sec ser 30-year 3s s > sink f $ fd 7s bonds 3rd ser 1978—v- / Antwerp (City) t external 5s 1958—__ Australia- (Commonwealth) 5s 1955 10-year 3V4s 1956 x—J-i—j.-. • 10-year 3V4s 20-year 3%s *. 1957— > External . sinking fABrazil (U S of) lr ►■■■ - •;56% fund 1957,April-Ocf 1957_April-Oct 1957iApril-Ocf — Z—*1 * 54% V. v •*' *57 57% »-' • -. ; "39% — —Jun-Dec 100% 100 Va • 9 ' —Jan-July i_-_Feb-Aug 100% 100% 100% * , 91% 91 ■--June-Dec 89% 88% 87 91% 91 •' 91 - .10 1955— external 8s 89'/a —Jan-July 1941 88 29 . vV- 103 '/2 103 Va 109% 109% I 3.375%) A 1979 (Central Ry> 1952 Stamped pursuant to Plan to June-Dec 88 Vi 88 V 64 •' ■' *85 ~ » 3.5%) 5 Vf •■V' 62 " April-Oet — No. 1978——, 1 No. 2 3%s aeries No. 3——— 3%s ^series .No.- 4 3 %s series No. 3'is series-No. 3%# series No. For footnotes —_ 5 i_June-Dec see page / 62% 1961 96% *61% 39 V* 67 97 Va 45 10 2 63% >96%il0lJM 60.% 4 '.f&o^ 63 ■ 63 76% y 76%- :_June-Drc 75 75 73% 47 37% 35% : 37%- 51 50 51 37'/4 *50 Feb-Aug 37 37% 35% 51 51 37% 35% 37 Va 51" 51 '/a *50'/a Jan-July *37% *50 Va- - Jan sinking fund 6s 1962— 1962— sinking A6s assented 1961„^.— Sept 1981 fund 6s 1963 1963 104 37 V4 Mar-Sept April-Oct __April-Uct May-Noy May-Nov 35% 37 Va, 52 35% 37% 35 Va 36% *50'/a *37% 51 51 1 37 30% 37% 88 50 51 35 Va *37% 1993—June-Dec 37 35 v 37% 88% 59% 64 81%- 86 , * For Financial Inetitutione FOREIGN 63% 65 - SECURITIES FIRM TRADING MARKETS 63% 82% 63% f?arl marks & pp. inc. 63% 75 2-f FOREIGN SECURITIES SPECIAUSTS 10— '-'57%76% 78% 50 Broad 75 72 - June-Dcd 75 9... 73 28.:. 73 St., New York 4, N. Y. .... 75 ' 74%. '75 ■■ . 75"' ' v " *72'/a v%75 , -- ZI -, *74 Va . 75 75'" 77 T ' 72 Va ; .IK 75 .75 75 77% 38 51 37% 59% -v •. 37 Vi 51 57 2 101% 131 %r. 40% 110% 87% 40% 102%., 104%, 196% -fi „ 39 Vi *50'/2 Feb-Aug - 5 i"'. 98V'4 82% 63% — ___iTifne-Dcc -June-Dec 29. 6s Feb 1961 96%- ' .—.June-Dee . 96 34 102% 101% >■ June-Dec 7_ 8—— 102 57 "•*87 -- June-Dec ; . fund Rxtl sink fund dollar bonds 2-3s 83 (interest reduced to series 19 963,4 sinking fund 6s Sept 1961__Mar-Sej>t A6s assented .AExternal ■i 89 108, ; 87 62 —Jane-Dec A 63% . 92 Va ■!j 2 — *85 3.375 %) 1979—— _April-Ocf External-dollar bonds of 1944 (Plan B)— T - 3%s -series •, 92 V« ; assented A6s assented AExternal 88 >; 1960 I960——— sinking assented Feb AExterenal 92% ' assented 1023/H (interest funding bonds of 1931 due 1951 Stamped pursuant to Plan-A (interest'' 3%s A6s 100% 93 87 39Vi ARy external sinking fund 6s Jan 196l_"_Jan-July ',•88% : 100 V* 39V4 * 90% ./•;4 • 64 • June-Dec •% '-v ' A6s A6s 90% . 44li; I 109%;, (Interest A7s reduced . AExternal ' 83%- 87 , --June- Dec 89% 88 i 1 to ■«. 101% 3T 100 May -Nov May-Nou —April-Oct Aprll-Oct 19426s 99 1 100 30-yr 3s s f $ bds 1978_Jan-July sinking fund 5 15 .—Feb-Aug (Republic) external s f 7s 1942 AExternal 99%-101% 11 , t.' 41 99 . (Dept of) f/>7s assented 56'/a 58 38 Val JAChlle % 57% 55% / 91 . Cauca 56% 55- , ' ''23 39% .56 55 V» 54%. 54 Va ■ w—« ' 74 102 100 Va 3 Vis 1961_ -—Jan-July 23/4s* 1974 —————Mar-Sept 2%s 1975 Mar-Sept ACarlsbad (City) 8s 1954— —Jan-July 56 Va V* 54Va . , *57 —Jan-July V 90% 54 Vi- m.j - reduced t U :V; ' ■' 1937—_April-Oct t 56%,'- *57 - —Feb-Aug 1955—,. 7s Stamped pursuant to Plan > 89', *57 -"51 6%s of 1926 due 1957——April-Get Stamped pursuant to Plan A (interest reduced to 3.375%) 1979 __Aprll-Oct AExternal s f 6%s of 1927 due s 90 v >„*57 —June-Dec —— 6s Stamped pursuant to Plan A reduced to 3.5%) 1978—. AExternal ■ , jj' '■ ^ s f 74 99 100 25-year ". 25-year " ——_ 30-yar 3%s 1966 ; 15-year 3%s-1962 Belgium -(Kingdom of) ■i .90 ^ $ bonds 1978_Jan-July (Dept of) 30-yr 2s ■i'j'v 100 •i v 81% * r —June-Dec 1967 81% " *77 Jim ;;v. Z'm. 1945.__Ja»-July AExternal sinking fund 75 1st AExternal sec sink fd 7s 2nd V%,'; "f *72% ._Mar-Sept Canada .(Dominion of) .■J'' •; •77 sinking fund 7sf)ser BJ1945—Ja n-July lAExternal sinking fund 7s ser-C 1945__Jan-Jz/Zy IA External sinking fund 7s ser D 1945 Ja n-July - • ■ Mar-Sept .»'V ;V'« >'.-C 5s"l957l Caldas Foreign Government and Municipal Agricultural Mortgage Bank (Colombia)— X 25 . Telephone HAnorer 2-#«50! _ Teletype NT 1-971 The Commercial and Financial Chronicle . . . Monday, April 2, 1951 (1394) ,26 NEW YORK BOND RECORD RANGE FOR WEEK ENDED MARCH Friday Sale Price Period Stock Exchange New York Last Interest bonds A assented ——- 1 37% 1 37 51 *37 % 36 37 *50 Vi AChinese 1928 1927 of Oct 1961 *52 ACosta Ouba Rica 67 Vi 66V2 68'A 36% 33 Vi i 37% 7c) 4s extl 3s extl A7s to f dollar 1st 80% 10 95% 95 94% 88 Vi 89 80 Vi 80 80%, . 7s Elec *53% 55% Jan-July 1967 Power— \ *8% 53% 54% A 5 10 10 13 a • \ * i 71 65% 65% •44% paid part (Republic) «. extl f s *9%- 7% 10 *9'/4 to §A7s 2% 1st series Italian 3 Public 1947 71% 36% 34% 35% 71% to 3% 1% Jan-July Jan-July 1977 AExternal 1952— 7s —' A6Vis extl loan A5 Vis extl loan '24 of of '30 111 (State Mtge Bank) 7s (Colombia) 6Vis 1954 30-year 3s f $ s bonds 28% ANew small 60% 78 69% 67 Mexico | — , (1942 agreem't) 3%-4-4'As of 61 87 56% 43 A 6s . (1922 agreem't) assented (1942 AMUan agree't (1942 agree't) 1913 assented (1942 agree't) I__ *14% Plan (30-yr) A5Vis extl loan deductions A 95% 91 96 Vi Q1 * QS 96% 78 % 90 *78 --".'7:. "7 99% •99% 100% 83 1 5 62 11 11% 11% - 11% 6 -6 62 6 1 -6 11% - 6 - - -- INDUSTRIAL 43% 72 COMPANIES 103% 103 Vi 103% 105% 103% 103% 103 103% 86 *98% * *92 June-Dec 81% 85% 99 98% 99 % 93 *81 %' April-Oct 94 98% f debs s *100% 1964—May-Wop 98% __ 97% 97 % 98 % 84 93 94% 94 % 96 44 94% 99 % 96 debentures April-Oct 1986 95% 96% 34 95% 100% 23 90% 96 % 261 104% 110% 90% - 90 % 93 107 % 108% 107% June-Dec 1982 debentures 1987-^— 2%s 15 2%s convertible debentures 141/4 debentures 2%s 3%s 11% conv 11% Ann 15 13 12% 17% 16'% A 167k 55 V 66 17 P W *48 Mar-Sept 49 35 *3Qite Gen — 1957 loan extl Loan extI *98 % Mar-Sept 98 -April-Oct s f 6s *95 7k Feb-Aug 95% 95 % April-Oct *90 Vk 1970„June-Dec 97 V2 55% A4Vis assented 2 96l/4 First 98 First 95% 98 99% 95% —— 36 Va 96% • 95% 97 95 • ' mm'mm 97% 99% 7s 1959 56 Vk 54% 54'% 97 V2 97»% 19 , 37% 2 50 *33% ' -i gold 8s 1950—Jan-July Jan-July to Plan Plan 34 do 2%) 34 6 31% 34 34 18 31% 34 34 t> 31% 34 Sul |A8s external Stamped pursuant reduced external tc to 2.5%) reduced A Plan 6 Vi 5% 8 10 10 1 6% 6% *8 ~6% 7 - 10 to 2%) see 2012 page 105 1297k 121% 103% >■ 104 55 105% 109 105 106% 32 99'A 99 97 101% 7 105% *— Jan-July debentures 1966 __ 105% 107 105 Mar-Sept A April-Oct 5% (4% series B 100 103 101% 91 93% •. 8 ri ■■■,' \ 97% 3% 5% 39 % 1 due Series K due 36% *55 36% and 10 7% . 39% April-Ocf — 40% Feb-Aug *46 3 37% 41 First 49% AInc First 46% 34% 34% 12 33% 2000 Mar-Sept 74% 74 % 75% 70 73% 82% 1 1996 Mar-Sept 74% 75 76 73% 82% 87% 88% 77 87% 94 64'A 65% 371 general due Dec June-Dec 1995 1 fixed &lVz7e lien -April-Ocf ; 36 *57% ■ — — __ (interest April-Ocf *44 1968_I~"jzI;;e-Dec *43 42 — __ (interest and conting int) 35 Vi 35% 3 43 47 48 34% " 36% 1980_Jan-July division ref 65 : 63% 80 71% 92% 98% Maine - Bush Bush 113 Co series 5s mortgage —Mar-Sept 1967 April-Oct 1969—Mar-Sepf Jan-July 1963— 4s debentures 2%s 197GJ , modified Terminal ' '* - 97% 98% 933^ 100 100 113 % y 89 113 97% 99 98 ' ■ 95% 116%^ 99 * 16 , „. 101% 98% 1 93% 100 •- 97% 9 101% 100 Co 5s 4%s 102% 102% first 4s 1952_' 104% 5s gtd 94 104% 93 90% 85% 86 27 82% 667k 23 65 1 100 100 2 104% 105'A 100 100 100 104% 104'A 104'A 97% 97 % 71% 5 97% 101% — 973A 101% __ __ ..April-Oct 99'% I960-—April-Oct 1023/4 €5 ( 791/2 Jan-Ju y 1955 Buildings ~3 87 —May-Nov 1957 92 *83 — II debentures 3s Union Gas Terminal 0 32 90 '89 RR— mortgage 3s 1980 r—Jan-Jul^:C'Buffalo Niagara Elec first mtga 2%s 1975-May-Ncv Buffalo Rochester & Pittsburgh Ry— Stamped 90 91 ' ' - 1955 ;May-Wou **"'( mortgage 4%s series JJ 1961 April-Oct mortgage 4s series RR I960——Jan-July mortgage 4%s series A July 1970—May-Wop Brooklyn — .. mortgage 2%s scries I & 80 80 13 82 *79 — 86 80% series D 1985_Jan-July » • 110 *105 • M 4s Steel Corp— Consolidated 35 % May 4%& conv 1976 Bristol-Myers Feb-Aay 1 mortgage 55% — 73% 82% 119 mortgage series 5s AC 36% 55% (interest t 75% First 36% 40% ■ 74% First 6 . \ / 74% 1 Dec 1970_ Jan-July Consol mortgage 2%s series J 1976 May-Wop Consol mortgage 3s series K 1979—.Jan-July ~ " . June-Dec March Boston Jan-July y- 103% 92 1995___ March due Bethlehem 38% •«.. Iri contingent interest) — G ...Jan-July "89 Beech Creek Extension first 3%s 1951——April-Oct Bell Telephone of Pa 5s series .C 1960 April-Oct 113% Beneficial Industrial Loan 2%s debs 1961_May-Nov *' 7% 6Vk ri O O 32 v fixed contingent interest) July 1975_April-Oct lVo 1st mtge - June-Dec 29. 120% 116% 101% 101% 105% —June-Dec 1980 A ser Bangor & Aroostook RR— 7% 12 5 , * „ 7'A 6% 39% April-Ocf 1999_: sinking fund gold For footnotes 42 *103% May-Wop 1952—Mar-Sept July 1st A 120% 121% B General 1946 Stamped pursuant to Plan 4s 1964^ A 4%s-4s mortgage First 6% 6% (interest — 1921 1963 consol 4Vis Refining 2%s (3V2% *5% 10 (State of) — loan of 3%s unified Toledo-Cincinnati A 1953 2012 5 *114% 120 May-Nov Pittsburgh Lake Erie & West Virginia— Refunding 4s series A 1980— May-Wop S'western div first mortgage 5% ser A 37% A 1946 Stamped pursuant to Plan A reduced to 2.375%) 2001 to 1995 A4%s convertible income Feh 1 2010— 34 2001—_Jan-JUly «a0«<ln^rest reduced ^ 2.25%) 2006Janerlo reduced 1 first Coast Consol Stamped pursuant to Plan 96 94% — 33 Va April-Oct .April-Oct- 6 Vis 91 93 94% — 120% 4s July Series J 99 ' ' 8s 104'% 8 8'/a 91 mortgage 6% (2%% fixed and 3%% contingent interest)— • — 34 Mar-Sepf 1947—April-Oct 1963 secured 19661 5s mortgage 4s series A July 1975 Ref 65% 94% 35% April-Oct 7s 7iilntieQr«ecSt stamped pursuant to fedUCC,d t0 2-375%) 7 Vis 1966 AExternal Co Series 69% 32 6 *47 1960__June-Dec gold 6s 1940 (City of) 100% 8 ' 91 1995 4s fixed and Porto Alegre lARio de 103 45 100% 101 _Quar-Ja7i Refunding and general mortgage 5% (2% (interest series (City of)— stamped pursuant 117% 100 % Topeka & Santa Fe— and 91% 96 ' 5 Mar-Sepf A 1968 assented 111% 39 100 % 101 Baltimore & Ohio RR— 96 90% 1 92 Mar-Sept 1958 AXAe/nal sinkin8 fund 1,034 114 100% \-ri- ' 99 55% ... April-Oct s f 6s 2nd series 1961—April-Ocf assented 100% 115% 114% .April-Get 100% 196 49 ' Mar-Sept May-JVou ^Stabilization Ioan sink fund 107% 126 95% _Mar-Sept ; debenture 3s Series M 1958 1st 104% 119% 75 r 1953-- (Republic of) 1963 Co gold 4s July 1995 mortgage 35 36% May-Nov 1957 Plan 27 53 97% 95% 36% , Mar-Sepf •_ fund 5s (30-yr) 1 w mortgage 49 49 — )-r 116% 123% 124% 95% 1969 first Products First 1. 54 ,47 debs debentures Arbor Atlantic — 101% Atlanta & Charlotte Air Line Ry— 17 15% _ 98% 109 % 104% 105% 1959 1971 Tobacco General *17 20 119 104'/8 1973 debentures American 13% 98% 113% _June-Dec ' 8% *12% 96 98% ..June-Dec 1957_j/__ 99% 95 113'/a 114% 95 April-Oct 15% 15 95 14 (interest 1956 1(^epubllc of> external A8s 95'A *93 May-Wop 1975 Atlantic r<£UCetLt0 2 125%) 2008 Bio Grande 93 96% -*93 - . - AND 1998 4s 3Vis convertible debentures to Stamped pursuant to ; Corp 3%s 13% 8% ApriZ-Ocfc (City) sinking fund 4Vis 1955 lAPernambuco (State of) 7s 1947 1961 98"% __ - •: ;Feb-Aug -- debentures 3s 13 15 *8i/e 1963_ J an-July 6Vis 1952 Oslo 8s • - 1967 gtd 14% (State)— loan A4Vis 92"% __ " — 1980 e A 80 1 95% 2s debentures 1956™-Mar-Sept Airlines General sinking fund external A4Vis 1st debentures Oriental Development Co Ltd— .a 3%s 15'% 14%. *14% 16% Municipal Bank extl sink ANat Feb-Aug : first Western & Stamped sinking fund 4Vis 1965 sinking fund external loan 1963 lAPoland Southern debentures Jan-July External : 75 49 23 68 Telephone & Telegraph Co— Atchison ; Jforway (Kingdom of) 4Vis < 43% 66 *140 95%' June-Dec "2%s (assented to 1922 reduced to 2.125%) 2008 Netherlands (Kingdom of) 3%s ^ 60% 2 *151 Jan-July 1961 2%s 1963—Jan-July Ml . 1978 1984 Bosch 3%s 1933 (City of) exti 73 35". — i?4 . „ .-Feb-Aug 2%s 2.125%) 2008 Mar-Sepf extl sinking fund 6Vis 1959—Mar-Sepf Stamped pursuant to Plan A (interest A6s & American *12% reduced . 42 *134% -Mar-Sept ASecured 3 Vis 37 '2 64 mortgage 3Vis 1972__Jaa-July Susquehanna RR 4%s 1975 April-Ocf — to 8tamped pursuant to 4s 7 61% 68 " American 1963)-Jan-July 1 ASecured extl sinking fund 6Vis 1958 w« 53% 61% 65% - - v- '26 Allis-Chalmers Mfg 3s lflnas Geraes i 89 54 1973—June-Dec 1979 conversion RAILROAD ~9 "7% _9 *8% ASmail . 65 bVa 53 61% * May-Nov May-Nov 1958 of Power ASmail i . :! of)— loan Great 1945—Quar-Ja?: II—I assented assented new ".2 91 5- 83% - May-Nov 1937)—. 1979 2%s convertible debentures 1961 agreement) A6s 9 % 8% 88% 8 ' lATreasury 6s of , - * - May-Nov 1964 * readjustment (City Alleghany ASmail <i conversion Alabama - 1904 new 13% 2 " 9% *5',2 Feb-Aviy 1960 6s 56 % ASmail A4s 1946 external 8s readjustment assented Albany (2922 agreement) due 1954 June-Dec A4s new assented (1942 agree't) 1968—Jan-July !A4s of 1910 (assented to 1922 agree¬ ment) 1945 Jan-July t 13% 67 44 67 9% - Mcr-Sept fund 6s 23/fs ASmail of 9% - June-Dec * American ALarge A4s *62% 40 38% A Small new 9% 9% _ IA 5s assented A5s 11% April-Oct Valley (Dept of) (City) external 7s 1958 extl 12% 55 1 39% A4 Vis A Small ALarge 76 65% sll'/2 Mar-Sepf Cauca AWarsaw Quar-Jan ALarge 75 59 " 1968—Jan-July 1945 59 Cauca Yokohama 80 10% ■ 9 due 79 59 - ~ 1961 (dollar bond of external Del See 46% 21 Valle 58 56 14 56% 39 V* — 1968 1899 63 * Jan-July 4-4%-4%s external readjustment 3%s 357k 29- (Republic of;— JA5s 60 11% ; ■ 1945 (Republic) Alabama 1943_May-Wop 75 59 *57% June-Dee '12. 1952_ 3%-4%-4/ks external .54 48% 5 43 69% *11 June-Dec agreement) 66 75 June-Dec 1953 ser f mtge s External 35% 55 75 Jan-July 58 80 11% Jan-July sinking fund " 1943 assented ASmail ,/ / 47 ■ 59 1978 Mexican Irrigation— IA4Vis assented (1922 A4Vis 34%,. 357k 347k '—May-Nov 1957—April-Oct 1965 '27 of sinking 37% 54 77% June-Dec 1954 AJugoslavia AMedellin 34% Feb-Aug Altaly (Kingdom of) 7s 1951 Japanese (Imperial Govt)— 59 May-Nov 1958 7s Ltd— Co AExternal 73 29.% Utility— Credit Institute 79 59 59 June-Dec AExternal 9% 3 15 . . Mar-Sept ' 70 79 May-Nov ' 1962 1971 of mtge $ 1st External Jan-July 1977 f s sterling loan Italian Credit Consortium for Public Works 1% 63 82 (Kingdom)— 1962 Power (40-yr) 8 A Uruguay 10 6% 9% 71% 35% Feb-Aug April-Oct —Jan-July 1960 1977 l-3s 70 *__ Ujigawa Electric Power Co Ltd— May-Woo paid 1968 (City) external 6 Vis A6s Helsingfors Italian 1964 *61% - (interest 1958 Vis extl loan A6s 76 • Oreek Government— part 55 (City of)— A7s A 7s 71 56 62 Tokyo Electric Light Co Ltd— 78 46 71 Jan-July ; Electric Tokyo 58 *55 Mar-Sepf external external of) assented A5Vis A 5s Feb-Au<j mtge series A 1944 & gen mtge 1950 1st , - " 58 70 Jan-July T Power Co Ltd— mtge s f 1952 (Prov %s Taiwan 637/a • . A4 75 Electric 1st A Silesia *58 Jan-July 1956 to Plan A external 56 75 (interest Sydney County Council 3%s 1957 63 77 -62% '77 1976 1 89% 831/2 '•'75% I *70% 11 77 *61 Jan-July 1976 1 A6 %s 95 14 30 '<*' Shlnyetsu 51 -42 T.' 53 *46 Jan-July Jan-July 1976 1 bonds Jan (Republic of) secured 39 46 V2 60 56 . A 2004 Jan-July A6s external dollar loan 1968_^ Jan-July Stamped pursuant to Plan A (interest reduced to 2%) 2012 April-Oct ■40% 41' 38% 80 June-Dec 2.25%) Serbs Croats & Slovenes 1960 f dollar bonds Jan Consolidated A6Vis 39% to reduced 112% 37% 39% loan 39 56 40 Jan-July water 53% 40 - A to Plan 1999 2.5%) to A7s series B secured dollar bonds Jan s s AEstonia Great 111% reduced to (interest to Plan 2.25%) 2004 1950 Stamped pursuant 1 (Republic cf)— f s 377k 19 39% Jan-July reduced external A8s extended 3Vis extl 73 30% 1 (State)— assented El Salvador :: 111% 111% April-Oct SADenmark 20-ycar external 6s 1942 Jan-June External gold 5Vis 1955 ——Feb-Aug External gold 4Vis 1962 April-Oct 6 70 77 60% 16 , A 7s 66 14 74% High 39% < June-Dec Stamped pursuant to Plan A reduced to 2.5%) 1999 *52 ' Low 53% (Interest pursuant (State of)— stamped pursuant 1936 (interest A8s external (Dept of)— Chechoslovakia Stamped 8s Jan. 1 WO. High Paulo Paulo 50% *54 72 Vi 30-year 3s sinking fund $ bonds 1978 San 90 % , — May -Nov June-Dec 1951—* 7s 4Vis external 1977 (Republic of) Cundinamarca 17 92 ' 88 46% 2 . 49% .. May-Nov 1953 (Republic of) „ Range Since Sold May-Wop 1966 due 1926 (City of) 6%s 1952 -April-Oct (City) 8s 1952 May-Nov Stamped pursuant to Plan A (interest reduced to 2.375%) 2001 May-Wop A6 Vis extl secured sinking fund 1957 May-Nov Stamped pursuant to Plan A (interest reduced to 2%) 2012 May-Wop ASao 7% 88 90'/a 72 Vi 25-year gold 4Vis 37 6 94 49 49 bonds 1970—April-Oct Mortgage Bank 6 Vis 1947 April-Oct J ASinking fund 7s of 1926 due 1946 May-Nov SASinking fund 7s of 1927 due 1947 Feb-Aug Copenhagen (City) 5s 1952 June-Dec 3s ext sinking fund dollar 50 35% -- 90 Vi of stamped 1967 Bonds Friday's (State of)—(Cont)— loan (interest reduced to //. km mm ... *88 Vi IA Colombia 36% 50 —— *6 90 Vi external A Rome V." • *37% April-Oct Jan-July 1961 Jan 51 37 35% 55 *501/2 (Republic of)— A6s of A6s 7s 50 *37V4 —June-Dec 5s 1951 Ry) A 7s Stamped pursuant to Plan A reduced to 2.25%) 2004 35% — *50 Vi __Mar-Sept __Mar-Sepf 1960— 1960 (Hukuang Colombia —May-Nov —May- Nov Consol Municipal 7s assented Rio Grande do Sul 37 V* 50 *37% or Bid & Asked Low 51% 51 1962-, assented 51 51 ..April-Oct ..April-Oct 1961- Last Sale Price High 37 % fund CsJl962__ A7s Low Wo. High *50'/a June-Dec 1961. A6s Period __June-Dec AGuaranteed sinking AChilean Interest New York Stock Exchange v June-Dec ASinking fund 6%s 1961 6%s assented 1961 AGuaranteel sinking fund 6s A6s BONDS Jan. 1 Sold __June-Dec Mortgage Bank 6%s 1957 assented 1957— 6-As Week's Range Friday Range Sine* Bonds Friday's or Bid & Asked Low AChile 30 Week's Rang* *95 73 99% 103 97 82 99% 100 104% 104% 74 79 85% 6 98% 102 1 99 101 4 103 105 Number 4999 Volume 173 . . The Commercial and Financial Chronicle . (1395) ± NEW YORK BOND RECORD RANGE FOR WEEK ENDED MARCH 30 Friday BONDS Interest ,. New York Stock Exchange Week's Range La&t Period or » Sale Price Friday Friday's londs Bid & Asked Low ' * Jan. 1 Low No. High BONDS Interest New York Stock Exchange Period Range Sine* ' Sold Electric Power first 3s 1976 *._ 101 % May -Nov 3VbS 1974_ Canada Southern consol gtd. 5s A 1962 Canadian National Ry— *__ 104 ApriZ-Oct Guaranteed gold 4V2S 1957 Guaranteed gold 4%s, 1955— Guaranteed gold 4'/2s Guaranteed gold 4%s Canadian Pacific A%. conv 104 104% 104% 27 110 1951 108% 111% Deere 1 108 109% Delaware & Hudson 107 106% 107 5 106% 109% Delaware Lackawanna & Western RR Co— 100ft 100ft 26 100'/a 101'/a New York 100'/2 102 78 100% 103% AIncome i Mar-Sept •— Mar-Sept j 98% *105'/a 108 >/4 April-Oct 101% 103 V4 68'/a • 6 101% 101% Feb-Aug Feb-Aug 102 1 div consol 102 V* 104 104 78% 79 78 >/4 80 Jan-July April-Oct 55% 55 58'/a 300 101'/a 101'/a 5 78% 78% *83'/a 2020 75'/a 88 71% 87 55 51 gold 101'/a < 4s 1958.; 1968 1965 4s 59% 1% .111 RR— AGeneral mortgage inc First „ » series mortgage 3% 5s conv B *99 1997 81 April 1985— Chicago & Erie 1st gold 5s- 1982.— May-Nov Chicago Gt West first 4s series A 1988—.Jan-July A General inc mtge 4'/2s Jan 1 2038. Chicago Indianapohs & Louisville Ry— A 1st mortgage 4s inc series A 2nd mortgage 4'/2s inc A ser Chicago Indiana & Southern Chicago Milwaukee St Paul Jan April 2003 Pacific 95 debentures 2.35s 1961 105% 105% — 105% 104% 20 93% 95% 99 % 100 % 96 19 102% 100 102% 102% *107% 110 108% 109% *104 104 107'/a 101 101 East Tenn Va & Georgia div first 5s Edison El 111 (N Y) first cons gold 5s 98 1 ' Elgin Joliet & Eastern Ry 3%s El Paso & Southwestern first 5s 130 '/a 130'/a 100 v* .94 85% 1965. 5s *109% .April-Oct First First 70'% First 101 1 99 101 104% 109% 1127/g 112'/a 112% 67 76 V* 82% 1 99% 99 y» — * 76% 3%s series E 1964-April-Oct consol mtge 3'/8s series F 1990 Jan-July consol mtge 3%s series G 2000—..Jan-July consol mortgage 2s series H 1953__Mar-Sept Division first mortgage 3%s 1971—Mar-Sept 78 99% April inc 4%s ser A Jan 2015 General mtge 110 109% 109% April-Oct i 1965i — First consol mortgage 76 65 stamped Erie Railroad Co— 98 70 1956 May-Now 1995_Jan-Ju!y Mar-Sept 1970 r-95% 82 , 95 4 97% *— 104 11 99% *91 93% 94 % *__ 92% 94% 100 96<* 96% 100 100 104% 10 100 100 104% 104'/a >< - Chemical 74% 73 *74 105% 80 76 95 7 99% June-Dec June-Ota 101% 116% 111 80 97% 14 101 *76'/a 101% 96% 1 141 96% 10 101 Jan-July Ohio 79 81 79 65% 65% Oo% 7d 65% 65% 64% 66% 122 64% 74.% Firestone 94'/a 94'% tFlorida East Coast'first 4%s 1959 — 74 Second mortgage conv inc 4%s Jan 1 1999—April *103% 87 V* April 2019—April ,4'%s conv increased series B Jan 1 2044.. Chicago & North Western R|'—'"v , 99% Jan-July ...Ill 97% 111 1 " 66% 96'% li2**,a 96% 111%. 101% 105% 111% 3 65 96% 96 RR— First mortgage 4s series A 1994—. General mortgage 4»/2s inc ser A Jan , 65 96% 101% 14 96% *„ *'•.'•74 73% 7 22 96% *— 10 73% April 1956-i 4s & 1983 100 % 101% 101% 100 Feb-Aug 1st mortgage 2%s 1979 April-Oct lst^ mortgage 2%s 1980——*.—Feb-Aug - 87 90% May-Nou 98 "95 86% 103% 84 1976_Mar-Sept Duquesne Light Co 2%s 1977_. 106% 3 99 26 Mar-Sept i.June-Dec 1995 1 1—. Dow rt Jan A 95 gold 4s 4a-1995: Detroit Tol & Ironton RR 2%s ser B 111 409 130'/a 130% April lien 107 '/a 101 84 % 7 85 series I 1982__May-Sept 105% 102 Va 82 100% .june-Dec 1970— H 2%s 117 108% 101 82 .... 99 84% May-Nov 18 77%- May-Nov 101% 99 84% 1961 * •' first ASecond gold '■ 2 99 101% 99% 93 Detroit Terminal & Tunnel 4%s • 102% 98 76% 105% *11 104% 99% ■"« ' •' 107% 10 7% *100 series 103 "I 111 108% First and refunding 4'/2s series B 1977—Feb-Aug First and refunding mortgage 3'/as 1985—Feb-Aug 3s refund and 117 5 75% *— 133 8 87% 82 104% 77 100'/a / 118 Mar-Sept 86% 125 19 103% 86'% *101 — Jan-July (3% fixed contingent interest.) 1993—^ Detroit & Mack 99% 101 103 *— 88 mortgage Gen & ref mtge 2%s ser J 1985 3s convertible debentures'1958-i—J 31 80% Salt Lake— Income 103 125% 85'% *76 - April 105% 100'/a 102 79% 85% Jan-July 2018 interest) 102'/8 125 72 mortgage series A 103% 101 % 92% 79 • *100% 102% Jan-July 1989 RR— Western General 101'/a 99 97'/2 *77 1 2042——May-Nov May 104% First and refunding mortgage 27%s 1970—Feb-Aup 1st & ref mtge 3s 1990 t Feb-Aug , 4-6s 104 '/a •; 101 *95% May 103'/a *._ 102% 97 21 ; 101 y2 Jan-July 1989 1973—May-Nov C 1993— & coll .tr 5s ser A 1985—1—May-Nov Detroit Edison —— Chicago & Eastern 111 series 5s due *101'/a 103% Feb-Aug Feb-Aug Jan-July 99% 99% 100% 1 . mtge & coll tr 4%s Denver & 4s trust contingent Chicago Burlington & Quincy RR— General M (.3% fixed 1% contingent interest) 1993 AIncome mortgage series A (4%% 85% 85 7 — ' „ 99% Delaware Power & Light 3s * Second consolidated gold : 102 V* __ 1992— .' .Mar-Sept impt M 3'/2s series D 1996—May-Nou impt M 3'/2s series E 1996—.Feb-Aug first 102 102% 102 „ 101% 97 , __ > ser B 1985 May-Nov 1973———:—April-Oct First mortgage and coll trust 3%s 1977-June-Dec First mortgage and coll trust 2%s 1979—Jan-July 1st mtge & coll-trust 2%s 1980 Mar-Sept 103% _ 4»/2s A 1st 100% May-Nov 1963 97% Pennsylvania Division— 74 ' .Refund and impt M 37%s series H 1973—June-Dec & 106% 68 . 2 Jan-July May May 2020 .First and refund 3'/2s series A 1974 R Collateral First General mortgage 3'As 1987 Central New York Power 3s 1974 Central Pacific Ry Co— Refund and refund Denver & Rio Grande Central RR Co of N J— 3s 100 1965 extended 4s mortgage 1st mtge 68 5ACentral Branch U P first gold 4s 1948—June-Dec mortgage 3%s series B 92 '/a . • .June-Dec Central of Georgia Ry— First mortgage series A 1995 A Gen mortgage 4%s series A Jan 1 A Gen mortgage 4%s series B Jan 1 HigH Lackawanna & Western Div First and 1965_i Carthage & Adirondack Ry—. Refund and debentures Morris & Essex division .First mortgage guaranteed 4s 1981 Celanese Corp 3s debentures 1965 Celotex Corp 3%s debentures 1960 3'As debentures (1947 issue) 1960 General 2%s 100 '/a Capital Airlines, Inc— First Co 100ft Champion Paper & Fibre deb Chesapeake & Ohio Ry— 100% 4 Mar-Sept 4s *99 June-Dec April-Oct 108% 109 '/a 106% 106% . debs series A 1960 Carolina Clinchfield & Ohio Jan. 1 Low 106 106% (perpetual)...Jan-July 4s Range Since NO. 106 June-Dec *__ mortgage 3s series A 1978 Dayton Union Ry 3%s series B 1965 & 97 *__ 108% Feb-Aug stock High 1975—April-Oct Jan-July First Jan-July Ry— debenture Dayton Power & Lt first mtge 2%s First mortgage 3s- 1978—1 -- 104 »/4 105 % June-Dec 1956 Sold Low D June-Dec California Oregon Power Bonds Bid & Asked High C California Week's Range or Friday s Last Sale Price First mortgage 3s series B Chicago Rock Island & 1989 Pacific ...Jan-July *90 . 1st 23/4-4'/4s 1994 and refunding 4'/4s series D Cincinnati Gas & Elec 1st mtge 2%s First mortgage 27/8s 1978 Cincinnati Union Terminal— mortgage gtd 3%3 series 105 Jan-July Jan-July City Ifce & Co 3s Fuel f debs s ■ Jan-July 2%s 100 100 102 100% 100% 100% debentures Jan-July 1966 St Louis Division first coll trust 4s Illuminating 3s mortgage 3s *97% Short -Jan-July 1982—. 102 98'% 147 96% 98 12 95 AGreen Bay & West A 95 Debenture certificates B Ohio RR— «. *101% 70% 68 91 7 ■' *97% '«* -91 79% ■ Fist 3s 106% 105'% II - Utilities 99% 84% 85% 1* 95% 96 22 • 72% 73% 5 72% %• 80 22 6 20% 30% 103% 105% __ ■ 105% 84% 84% *__ 101% 6i 88% 102 68 *100 *93% 76% 102 18 69 102 y« 98% 96% 98% April-Oct 102% June-Dec ..June-Dec 1979 102% 102 —Jan-July * 2%s mortgage 96 89 7 21% 73% 1976—May-Nov 1978 1969. First mortgage 2%s 1980 102'% 97 First, 1st mtge 2%s mortgage 3s 101% 101%. 95 7% mtge debentures .. 89 122% 97 99% 2 •" 97 103% 128% 117% 6 84% *_. and Gulf States 73 95% 101% 105 V* 30 100% *98 ; 68 5 101% 102% " 69 101 69'% 91 Jan-July 100% 100% — 69 69%. Feb 2— .. 97 89 101% 128 y8 10 124 , 100 90 94% 101% *95% • refunding 4s series B 1975 Jan-July inc 5s series A July 2015 .April First and refunding 3%s series D 1969__April-Oct General mtge inc 4s series B Jan 2044 April .Collateral trust 3%s 1968 —Jan-July ..First General *85 —Feb. debentures ctfs A— Gulf Mobile & 98 93 100 2%s series P mortgage 96% 99% 97 ^v' ..Jan-July mortgage 2%s series Q 2010— -Jan-July mortgage 2%s series R 1961— General 95 % 5 117% 118% 89 tGeneral • 99% 101% 102 ft 117% 97 1976 D series <.•; 6 *__ ..Jan-July -Jan-July mortgage 3'/8s series N 1990— -Jan-July mortgage 3'/8s series O 2000— ^General 100% 100% 98% 101% 1 1973 C 4%s 110 100 series 5s - 96% 99% ;vwU.; General 102% ft 10 94% 81% 96 General 102 98% *97 94% 82 81 '/a . 1952—; General 5'/'2s series B .General 106 99% 96% 97% ..Mar-Sepf 1961—April-Oct gtd 4'/2s 102 99% 99 103% 102% 76'/a 1 .Mar-Sept Co first mtge 2%s 1965— -May-Nov (B F) Great Northern Ry Co— 103 101% 98% June-Dec first 105% . 100 109 1990—May-Noy 1970 1985 Line 104 102 *97% 101% 102% — 4, General Realty & -Utilities Corp— A4s conv income debentures 1969.'; 85 , 100% 4 *76% 77 89 85 >'-. 78 38 102% 102% June-Dec 1982 2%s mortgage Cleveland 101ft .• 24 *100 * 1st 3 76% 101% General Refunding and impt 4'/2s series E 1977—Jan-July Cincinnati Wab & Mich Div 1st 4s 1991_Jan-July First 6 105 Jan-July Investing Co 4s debentures 1961 June-Dec Cleveland Cincinnati Chic & St Louis Ry— v General gold 4s 1993 June-Dec General 5s series B 1993 June-Dec Electric 80 E City Cleveland 4 105 1962_Mar-Sept 1975_ApnZ-Oct 1976—.. 102 102% 102% Vis: 85% 78 1969—Feb-Aug First mortgage 23/4s series G 1974 Feb-Aug C I T Financial Corp 2%s 1959 April-Oct Cities. Service \ 85% 9 2 11 102% May-Nov June-Dec 1961 100% Goodrich mortgage 3>%s series F 1963— First *10111 100 100 J* 10 debs Rubber 3s & and v First mortgage 27/8s series G 1963 Chicago & Western Indiana conv 4s 1952 First lOOil 100ft fan-July Chicago Union Station— First 97 100% *96 Tire refunding 5s series A 1974__Mar-Sept ACertificates of deposit —; Mar-Sept AFirst mtge 27%s ser A 1980 Jan-July Chicago St L & New Orleans 5s 1951 June-Dec Memphis Division 1st gold 4s 1951 June-Dec Chicago Terre Haute & Southeastern Ry— iFirst and refunding mtge 2%-4%s 1994_Jan-July Income — RR— 102% *98% 104% Cleveland Union Terminals Co— First mortgage 5'/2s series A First mortgage 5s series First mortgage 4'As series Colorado B 1972— Southern Ry— & ' . . (stamped modified) 1980 Colorado Fuel & Iron Corp— System Inc--- 3s debenutres 3s debentures Columbus A series series South & Columbus & Toledo Commonwealth - . f s Pwr sink First First t and and * * 4s fund 3%s 3'/4s of New A Feb-Aug 23/4s 104% 1st * ref M 1st ref mtge 2%s s 2 '/2s conv uebs Consolidated ser of T 102% 96 Feb-Aug April-Oct i03 U Bait C 96 June-Ota RR 96'/2 § ADeposit §A6s series 2'/4s 1968— 1952— receipts 1946 deposit receipts 1946 For footnotes see page 4 9 101 29. June-Dec mortgage 4%s-3%s aer A 1979—May-Nou 3s series b 95". r 96% 10 3%s 1952 99% Collateral trust gold 4s 102 Refunding 123 105% 105% 119% Debenture J 126 ft 106V* 107 100% 102% 103% 100 100 104'% — ■? 98% *— 114% 114 * 98% 116 98% 93% 108% 58 - 1 98% 116% 98 '/4 102 Mar -Sept *" Jan -July 97% *._ •. *97 99% 102'% 97% 104% 39% 98% 53% 39% *91 30% 101% 99% *56% 39% 62 30% June-Dec *33 41 June-Dec *37% 41 99% 55'% 18 58 35% 42% 90 13 93 30% 103 90 25% 41 37% 41 106 106 108% 1955—— 5s Lines 106 — 108% _.1 4s _9 101'/a 101% *- May-Now 99 *101'/a 1951-.* — IFeb-Aug -Feb-Aug *100ft ■ ' . 108 98% 114 — 101% 104% 107 6 99% __ 105% 103 7% ~1 >• 102 102'% 102% 100 ft 100 A 100ft 100Vi *100'% 101% | 102 V* ,*.104'% 101% 107% 108 99% 105% 100 A 101% —" 104'% 104% Feb-Aug first gold 105 105 -ft 100 ft 100% 100ft 100ft 1 100ft 100!S 100 ft 100 ft 1 100ft lOOii 107 108 35 106% 110'A 104" 104% 28 104 106 *100ft — ._ Illinois Central and Chicago St L & N-0— '' 1963. June-Dec series C 1963—June-Dec series D 1963—June-Dec Illinois Terminal Ry 4s series A 1970 Jan-July Indianapolis Union Ry Co— Refunding and imp 2%s series C 1986—June-Dec ^International Great Northern RR— AFirst 6s series A 1952 Jan-July Joint first refund 5s series A 107 * Firot-and refunding 4%s > AFirst 5s series B 1956— 1952 gold 5s series C Jan-July 99% 97 93% 7 98 98'/a 24 97 97% 10 93% 51% 71 49 93% 95'/a 3 *88% 95% 102 100% 50 98 100% 100% *90 100% April-Oct 1956 Jan-July Inter Rys Central America 1st 5s B 1972—May-Nov AFirst Va 105% 100 ft *__ May-Nov 4%S" 1966 Registered 102 104 *101'% 102 1953 AAdjustments 6s series A July 32 37% *__ *1087% gold 3%s 1953 Jan-July Omaha Division first gold 3s 1951—Feb-Aug St Louis Div and Term gold 3s 1951—J—Jan-July Gold 3%s 1951. Jan-July •• 97 13 --- *105% 105 First refund mortgage 4s " * =76 '^54% . Louisville Div & Term " 100 April-Oct 96% May-Nou lines 100'/a — —.—Jan-July 1955 4s Purchased *99 *106% 100 97% 73 41 39 50 97 , 101 RR— 101% 102'/a 119% 122'% —Jan-July .—Jan-July Jan-July receipts B •96 46 v, 100% 100% -Jan-July 1986 2% 1975 debentures 1965 §A7%s series A deposit 97% *— 119% 74 45% 101 Vm 99% 40 *95 2%s series A 1981—Jan-July 1978 mortgage Central Western May-Nov first 5s gold 104% — Crucible Steel Co of Am 1st mtge 3'/8s 1966 May-Nov jACuba Northern Ry first 5»/2s 1942 June-Dec § A Deposit receipts i._— June-Dec A Cuba 102% 1 April-Oct X 1962 Baking 3s 98% .. April-Oct (Bait) Consumers Power first mtge Continental 13 *102% 104% > 100% 73% 5%s-3%s series B 1979_May-Nou Cohsol mortgage 3%s series C 1974 May-Nov Extended first gold 3%s 1961— April-Oct Collateral trust gold 4s 1952—— April-Oct 99% City— 1981 Gas 103% 96 Illinois Refunding 1963—. ser 2 96 103 1982_Mar-Sept B 1977_ApriZ-Oct 98% 98% 42 43 100 129 125 126 100 Consol mortgage *11 June-Dec 1976.— f 2%s Natural Co.isol 104 % 23 A ser ser General mortgage 4'/2s 1954 Consolidated Gas El Lt & Power ser 105% 103% 101% 100% convertible debentures 27%s 106% April-Oct 1957— 99% 100 *97 107 % 101 Feb 125 102% 103% mtge 102% 98% 4 101 refunding 3s series D 1972 May -Nov First and refund mtge 3s series E 1979^._Jan-July M 98% 15 5s Illinois Bell Telephone 101 96% ft 1st ref 21 98% York— mtge 2%s Co 99% April-Oct 1961 income 98% 1955—Feb-Aup 1965 refund refund mtge Gas 97'% 98% April-Oct mtge 2%s ser Consolidated 89% 65 ' first Water 103% 103% 99 Feb-Aug 1972—June-Dee 3s 97'% H 2%s 1976—Mar-Sept Hocking Valley Ry first 4%s 1999 Jan-July Household Finance Corp 2%s 1970—: Jan-July Hudson Coal first sink fund 5s ser A 1962-June-Dec Hudson & Manhattan first 5s A 1957 Feb-Aug Hackensack AAdjusted First and ; ft First refund First and 105% ♦101 1970—.May-Sept 1999 Consolidated Cigar Corp Consolidated Edison 105'/a 104 ft Co— debentures Conn River 104 VI June-Dec 3'/4s 104J5 — ' First mortgage 3s series L 1977.. First mortgage 3s series N 1978— 3s sinking fund debentures 1999 23/4s • 96'% 96'/a 1964—April-Oct : 1975——— Elec first external Edison i 1975—! B Ohio / t 105% . May-Nov . First mortgages and coil trush:4s Gas 104IJ 1045 10411 *__ 105 1 6 104 io April-Oct 1977—L_—April-Oct 4'/2s Columbia April-Oct 1973 C *98% 100 • 97 99% 105% 57 88% 99 88% 99 97 100 27 The Commercial find (1396) Financial Chronicle Monday, April 2, 1951 . . . NEW YORK BOND RECORD RANGE FOR WEEK ENDED MARCH 30 Week's Range Friday Interest bonds or Sale Price Period Exchange New York Stock Last low Range Slnet Low No. High 87% 87'/. 97 AFirst 4%s of ACertificates April-Oct June-Dee June-Dec —J.u f.'Rjt A 1975—April-Oct 1st mtge 4s 1990 Kanawha k Mich First mortgage 27As 1978 1st Stamped Plain D 97% Lake — *— % 100% 103% % % % Lakefront Dock k RR Terminal— *95 First mtge sink fund 3%s ser A 1968—June-Dec Lake Shore k Mich South gold 3'As 1997—June-Dec 3 Vis registered Lautaro Nitrate Co » (P) Co debentures 5s 1951— 3s debenture 1903— Louisville ft Nashville RR— <>■ Y N 100 101 93 93 5 N 4 88 93% 81 83% *79% .; River 85 K 66% 9 72'A 17 71 81 80 65 59% 71% 7f 76% 80 84 57% 80 65'A % 66 (A 21 63% ■' 70. 65% ' • —' // 68% 88% 120% waft ■ 683/» 88'A »»•». 79% 76 87% 83 'A 84% 18 83 % 94% : gold 3%s 81% 88 *78'A Jan-July 1998 Feb-Aug 67% 121 100 A 1007V 100% 9 68'% 63 ■> 90 121 101% ; *103'A Y & Putnam 101% 100% 103 11 "99% 103%; *=#«%' --101% -V 101% 102 *96 93 105% 101 */» r:Vjv^« i- [,* * : 96 v*. 98 1 • 104% 107% 100%-100%V i debentureet972_—May-Nov y\ "%98 %: ..*82 *99 . Manati Sugar 4s sinking- fund Feh 1 1957—May-No® Manila RR (Southern Lines) As' 1959^ -Mdy-NoV'1 -100% - Michigan Central— • Jack Lans 3%s Jan-July k • 1951—: B 1971—May 1991—May June-Dec Electric & Y State 1962 4 77% 8 7'A 87'A 1 86 72% 71'A 74% 159 71% 81% 62 60% 63'A 307 60% 6 8'A 102% 102 7A Jan-July Jan-July Jan-July 1962 4%s series D 1978 ACum adjustment 5s ser A Jan 1967 April-Oct 4 102% 8% 8% 8% 191 "8% 4'A 5 119 4% ♦ Essex & Co first 3s • 78% %> 57 100 V* 102V2 B 3%s 78'A •— 104 Jan-July 3%s 1963 ■23,is- debentures 1984- 102% 104% T"* .** ^V ■, ' , 99% 101 ;. 100 2047^1.Jan-Jufy " Mar-Sept-.• * ?'!' __ 104%- --104 'A-104'% 103'A 78%?' 70 ■V '%■ 101% 16 90% 92% 3s series 31 62% 96 88% 99 .. 88'A 98% 98 99'A 87 87 87 101 101 90'A 105 15 . \:>V'v-':2 90% 9 103 86 105% 97% 87 'First & 90% 101 62 % 'First & B 97% First 97 First 104 99% 106% 128 104 110 106'/a 106'A •61 'A 64 7 104'A 110% £68 61% First 109% 89 69% 105 105 1 Pacific 1961 101% 68'A 47 61'A 99%' 45 95 99% 97% 32 93 97% 96 97 < ACertificates of see April-Oct deposit - 96 99% 15 99 101% 101% 1 101% 18 101% 11 102% "•*— 29. J, 97% 98% 102 ■'} 102% 3 ^ ,110% 128 57 ,126% 132 116 128- : 26 403% 114% - • • ' 'J65'i^.v70%>.: 93%- 99 ; lOOVaiiOS J -49 .i-1 .' 53 : ;.24. 57 . •-108»/a ,v406- 5 ,23!": 103%-106 7s v. - 76 105 IOO- u; 46 f ,, -ft .. i . 96% ' . 101% iio2 %-102% 102 97% *— y- 'ioi - - - "99% . f J ,yii":V,.-- — *97'A-100% "2 --■;f'i'i01V% '101%"' 102 *— 103 103 102 99 3A *85 - - • * 4s ioi% :Sd AIncome 4s General 5s series B 107 Vb 1<$5 102% 103 Ye 1 .. 101 % *100%; 101 102% 104 106% 106% 101 105% 101 1974 6 104% 99% 105 16 99 105% 18 99% 105 y8 9 99% 100% 99 101 99'A 100% 102 99 3A *__ 99% 101% 99'4 103'A 103 'A *— 98 99(4 104(8 105% 99% . 95% ;95%')100% 99 ad'JD3% 95% *- S87A 102 102 'A 102 • 101% 103 l60% 104% 105' Y/107% *101 % 103 103% 105 103% 103% 103 *— 103 — 93 93 8 81(4 93 101% 102 102 102% f '101 97% 100% 86 97% 104% 113'A 4 112% 114% 99% 102% 160 113 100% 105 98'A 107 98'A 45 99 % 105 . 109% 114 64 98% 107% 16 99'A 96 107% 98 98 99% 90 90 90'A 22 89 % 78% 79 20 77 84 *32'A Jan-July Jan-July April-Oct .——April Mar-Sept 38 —' 38 48 ■■ — 94% 13 116% 101% 104% 118% 101% 103% *112 -Feb-Aug General gold 4'As series C 1977 —Jan-July Philadelphia Electric Co—? First k refunding 2%s 1971 June-Dec First & refunding 2%S 1967 x May-Nov First & refunding 2%s 1974 May-Nop " First k refunding 2%s 1981 : June-Dec First & refunding 2%s '1978——Feb-Aug fAPhilippine Ry 1st sink fund 4s 1937—Jan-July tACertificates of depeosit— Phillips Petroleum "2%s debentures 1964—_Feb-Aug 2%s conv debs 197g — May-Nov Pittsbfh Bessemer * Lake Erie 2%s 1996_June-Deo 101% >100 97% 123 110% 114% 113% 113% "2 98 98'A 3 98 102% 98'A 99 42 98 102 y« 98 98 1 98 102 98 98 2 98 102% *9 103% 99% *97 . 8% 111 . 39 9 8 8% 99% 100 % , . 105% *102% 104 Ya Mar-Sept June-Dec April-Oct 1984 99f.ai 104% U. 103% 99 99 'A. 95% Feb-Aug June-Dec 1960 105% 98 98 . 102% -,7 :;-";;.25 104% 160%. 101 ('2 ioi3A *— ioI% April 1990--— Pere Marquette Ry 3%s series D 1980 Philadelphia Baltimore & Wash RR Co- 104% 104% 101% 101 % 103% 86 102% • 103 96% *— 99% April-Oct 1981 General mortgage 4'As series E 95 101 101% 101% ' i ; / " 103(4 103'A 101 % 101 • ' ) . series E" trust General mortgage 3yaS series F 1985 Peoria & Eastern first 4s external 1960 103'A 105 106% *— - 104r —June-Dec 113% 103 Co— General 4'As series D 102 111 103 •.96 9ft " : , 104% 101% 101% page 107 y. 105 ya rioav't 1 ■, 1952__May-Nov '» *111% 111% — 1983 Pennsylvania Power & Light Co— First mortgage 3s 1975 Pennsylvania RR— Consolidated sinking fund 4'As General 4'As series A 1965—. General 5s series B 1968 ""98 *101 102 1978 debentures Pennsylvania Glass Sand 3'As 1960 104 7/a 102 debentures ctfs 105'/a 101% 101% 1987 Guaranteed 102 % 102 debentures Pennsylvania 99 101% Jan -July Ry— 1954. 97 99% Mar-Sept 1983— • For footnotes V -*99%' Mar-Sept Pacific Western Oil 3'As debentures 1964—June-Dec Paducah & Illinois 1st s f gold 4'As 1955—Jan-July Pennsylvania-Central Airlines— A 3'As convertible incdebs Sept 1 I960—April-Oct 103 101% 99 *— May-Nov April-Oct New Orleans k Northeastern RR— Refunding & Impt 4%s series A 1952__^Jan-July New Orleans Term first'gtd 4s 1953 Jan-July *New Orleans Texas k Mexico AFirst 5s series B 105 2 3 96% .96%;. *100 *101 June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec April-Oct April-Oct 1986 3'As 74'A 103 9 debentures 3'As 104% 105 May-Nor B 1974 A 101% 96% , 1 4 1 - 1979 & refunding 3s series N 1977— & refunding 23As series P 1981 & refunding 2%s series Q 1980 & refunding 3'As series R 1982 & refunding 3s series S 1983 & refunding 2%s series T 1976 Tel & Tsl 23As debentures 1985 3'As ' 101'A 101% ..61'A 63 94 debs 5s ' - June-Dec June-Dea refunding 3s series K 1971——June-Dec refunding 3s series L 1974 June-Dec 2%s 110 66 Vb First •« 111% 104'A 4 67 104'/e 145 106% . First 97 99 1986 Mar-Sept Jersey Bell Telephone 3%s 1988 Jan-July New Jersey Junction RR gtd first 4s 1986_Feb-Aug New Jersey Power k Light 3s 1974, Great Nor MOO * i y refunding 3%s series I 1966 3s series J 1970 First & refunding 3s series M N New New Orleans First & 106 14 *103 101% 1982_w__ debentures . - First & refunding 102% 138 93 67 June-Dec A 106% 106% 106% 1958—May-Nov New 3s ' 103'A >03% ; /*'' .. V Mar-Sept;: April-Oct:■ May-Novv first-mortgage 3s'1974-— Pacific Gas & Electric Co— 69 90% Feb-Aug 2000 2%s England Tel & Tel Co— First, guaranteed 4%s series 3s debentures 75 > St Louis— Products 75 11 36 28 78% 101% — 65% 62% Feb-Aug 1970—June-Dec 3s- debentures 1970 June-Deo Nat'l Distillers Products 3Vss debs 1974—April-Oct National Steel Corp first mtge 3s 1965 April-Oct National Supply 2%s debentures 1967 June-Dec Naugatuck RR first gold 4s 1954— Dairy 31V2 22% 105 V* 89% May-Nov April-Oct • mortgage 69% 59 10 23 -.♦^l-.'-lOl ■--- • 106 105% 91% 91 : First 105% 16 " > vOklahonra Gas & Electric 2%s 1975—^—Feb-Aug • First mortgage 3s 1979_. June-Dec ? 1st' mortgage 2%s 1980 2— i-2^ ^.Mdy-Nov" Oregon-Washington RR 3s series A i960—April-Ocf: 108% 105 *. Edlsbn 1975,22--—,Mst mortgage 2%s 19802—2-^—^— . National 104 105% 104 . -.-June-Dec l_2 First mbrtgage 2%s i 101 % 92 '"101% 105; • " Ohio % * Chattanooga & 76% v 106% ; -1007 ' ■ 100 105 1955—May-No® 1955 May-No® Mountain States Tel & Tel 2%s 1986 May-Nov 3%s debentures 1978 April-Oct Nashville 70 103% 91% 91'A 651";'-. 4, 64% 1991—Mar-Sept 1966——Feb-Aug Construction mortgage 5s series Construction mtge 4%s series B ■ 7% 101'/a ,*>*>,.'■ .. • • 105'/« *„ 92 debentures gtd 99% 4! *105'A 106% 105 AFirst and refund gold 5s ser H 1980 AFirst and refunding 5s series I 1981 Mohawk Si Malone first gtd 4s Monongahela Ry 3%s series 13 97 71 71 first mortgage 2%s 1974—-Feb-Aug 2%9 1975J-^._^i ..April-OCt '''.* •: «v' ^First <mortgag© *-3si,J1978^-( ,2—Jan-Jufg- V FirSt mortgage '2%^ 1979—l._.——;—Feb, A up ^; ■ (Wisconsin) ilrst mortgage 2%s l977_i_Aprli-Oct • First mortgage 3s J979_L_-—— 1—J4ar-Sepf-VNorthwestbrh Bell Telephone-^-, y t.vl ■ : • ; : v 't 99 103% , *103'A 104 Mar-Sept refunding 5s sries F 1977—Mar-Sept and refunding 5s series G 1978—May-No® ^Convertible gold 5%s series A 1949 (John) 99% 105 1965—Feb-Aug ; AFirst Morris & 103 97'A , 'first mortgage .7 First AFirst and Morrell 89 4% 5 A Second • — 100 84% 79'A 87% gtd 4s 1993—April-Oct 2%s 1977 Jan-July Gas Y Steam Corp first ■ Prior lien 1975 99% 100% 2047,r:Jani-Juiy 83 y» 100 . series A Jan ^Missouri Pacific RR Co— A First and refunding 5s series A 4s 102% • ; *100% 101%/. RR— Prior lien 5s series A 50 -- ' * .W 96 .,-y4-9 'UT 102%_» 97% • 104%;;' *97% Mar-Sept Mar-Sept / ,—•; AGeneral mortgage 4s inc ser A Jan Missouri Kansas & Texas first 4s 1990 40-year 4s series .98'A . *—'- Saulte St Marie— Missouri-Kansas-Texas 100 79 -r^ M—• 99 .% ' \. 101 4:,. —Mar-Sept 1969— inc 100/a 101% , May-Not First mortgage '4%s AGeneral *— . Feb-AUg V 3%s 1969.— 3%s sinking fund debentures 1967 Jan-July g|AMidland of N J first ext 5s 1940-.—-April-Oct Minnesota Mining k Mtg 2%s 1967 April-Oct Paul 97% 100 • First mortgage Minn St " *101% Refunding & impt 4%s series C 1979 Jan-July Michigan Cons Gas first mtge 3%s 1969—Mar-Sept ' mortgage 2%s 'v ■■ 84 .*— April-Oc» First gold 3%s 1952 First 91 3 A 79 y« ;y."J (Minnesota) .j.'» 100% y - /•' k Sag 100% 99% 14 91'A 100 A *100 first consol ^; !-b Refunding k- improve 5s series D' 102% *"'• T .*55.„,i>2A4; ,-June-Dec 1980— Michigan Bell Telephone Co— 3%s debentures 1988——— ■'« 100 98% 1974—M®y-No®"> First mortgage 2%s 104 ' 99%y"'" 91 ' • 88% „ -V 'it- r 697/a 63 *100 Light first mtge 2%s 1975_Mar-Sept & Power 69% 72 102% *103 May-Nov 1954 JColiateral- trust 4%8 1975—J May Dept Stores 2%s debentures 1972 Mead Corp first mortgage 3s1966—: Metropolitan Edison first mtge 27/«s 64 99'A 91 100 Northern States Power Co—.'. ;-iri-.--." -f Maine Central RR 4 %s series ALdGO1—-—June-DecFirst mortgage k con 4s seriesB l$54i-i-Jiine-Dec '63 -. 1001s 100% 100% : 1*5.5——May-Hot' Elec 1st mtge 2%s 197«-.-May-No® - k Oo 27As 14 102% *95% 91 73 67% 68 • 74 87% io^IOS-V: :;" "3 —Feb-Aug April-Ocl Atl Knox &Cincinnati Div 4s Mady (R H) __ 67% 69 69 J an-July 36 36 gold 4%s 1937 Feb-Aug 24 *22'A 5AGeneral gold 5s 1940 : Feb-Aup *75 85 lATerminal first gold 5s 1943__— May-Nov 97 96% N Y Telephone 2%s series D 1982_ Jan-July ; *101 104% v Refunding mortgage 3Vis series E 1978—Feb-Aug ■v 100'A 100'A •Refunding mortgage 3s series F 1981:;—Jan-July Niagara Mohawk Power Corp— v.v 97% 97% 97% General mortgage 2%s 1980——. Jan-July 98'/. '•98% General- mortgage 2%s 1980— -April-Oct .i<? Norfolk Southern T*j Co—• : . . ^ 123 124 AGeneral mtge 5s convertible inc 2014_April-Oct -« Called bonds April l-l———-i : 126% 127 Norfolk' Si Western By first gold 4s 1996—April-Oct ' : *117' ' •, Northern Central generaFfe. ref 5st 1974t'iiMajr-Sej>lr / General k refunding 4%s ser A>1974—iMar-Sept ,»i02%_r.:y.: Northern-pacific Ry— "1 i'.' wk.'/v 103'% 106 ;"iV Prior lien 4s 1997— —-Quar-Jam y;.. 103% 100 100 ioo y: -4s ■ registered "1977--——iQuarrJan G^eneral Uen' 3s Jan 1 120471,2— —Quar-Feb <; 69 • :69 ..-70 : 7 v .yy 1 65 65 V"; 7 » 3s registered .i-Quar-Feb-J y •Refundinf it ;'improvet4%s. ser.: A 2047—Jan-Julp ; :- ■95 .: , , 95' ' • 96% ?■ 104%,;. r H)4 »A^104% :', : Refunding fcr improve 53 series C 88 65 5 " 58 68 % 110 Jan-July < JN Y Susquehanna & Western RR— § A First refunding 5s 1937— " — 170 78'A Port Chester— & N • 65 1997 & N — 70% 76 88 93% 82 69 & Hartford RR— New Haven N Y 95 11 98'/. 81 82 75 69'% JAN Y Ontario & West ref 4s June 1992—Mar-Sept AGeneral 4s 1955 June-Dec 101% 90 65% 76% refunding mtge 4s ser A 2007—Jan-July AGeneral mtge conv inc 4%s series A 2022—May 97 *100 First k refund mtge 3%s ser F 2003—Aprfl-Oct First b refund mtge 2%s ser G 2003—-April-Oct "First & refund mtge 3%s ser H 20OT——April-Oct 4Bt Louis Div second gold- 3s-1960-— -Mar-8ept Louisville Gas & 96 126 RR—. 1998 First mortgage 4s Lorfllard ■ 96'A 67% 5 99% 96 River collateral registered Harlem 96% Hudson 65% 63 First 98% 102% 66 Feb-Aug 9 96% 98% 104% 100% —— Co— 63 102% 96 Sinking fund mortgage 3'As ser A 1970_April-Oct Lehigh Valley Coal Co— First k ref 5s stamped 1954 Feb-Aug First & ref 5s stamped 19M— Feb-Aug First & ref 5s stamped 1974_S»^ Feb-Aug Lehigh Valley Harbor Term Ry— First mortgage 5s extended to 1984^ Feb-?Aug Lehigh Valley Railway— First mortgage"* %s extended to 1974—Jan-July Lehigh Valley RR— General consolidated mortgage bonds—■ Series A 4s fixed interest 2003— May-Nov Series B 4%s fixed interest 2003 May-Nov Series C 5s fixed interest 2003 ——May-Nov Series D 4s contingent interest 2003 May Series E 4%s contingent interest 2003 May Series F 5s contingent interest 2003 May Lehigh Valley Terminal Ry— First mortgage 5s extended to 1979 April-Ocf Lexington k Eastern Ry first 5s 1965April-Oct Liggett k Myers Tobacco 5s 1951— -Feb-Aug Little Miami general 4s series (1962) May-No® ALofnbard Electric 7s series A 1952—.—June-Dec v "deposit RR 64 94 98% June-Dec mortgage income reg 1975 Lehigh Coal & Navigation Co— 101% 100% 64 Ltd— AFirst 101% 99 104% 63 92 18 104 Feb-Aug 92% 94 92 92'A June-Dec 1997 103% 24 Michigan Cent collateral gold 3%s 1998-Feb-Aug 3%s registered 1998 Feb-Aug New York Chicago & St Louis— Refunding mortgage 3%s series E 1980—June-Dec First mortgage 3s series F 1986 April-Oct N Y Connecting RR 27/eS series B 1975 April-Oof N Y Dock first gold 4s 1951 Feb-Auy N Y & Harlem gold 3%s 2000 i—May-Nov Mortgage 4s series A 2043 Jan-July Mortgage 4s series B 2043 Jan-July N Y Lack & West 4s series A 1973 May-Nov 4 %s series B 1973. May-Nov 100% 108 *100% 101% & Shore 3%s ♦100% Jan-July April-Oct April-Oct Mar-Sept unguaranteed 1961 Kings County Elec Lt & Power 6s 1997 Koppers Co lsi mortgage 3s 1964 JAKreuger & Toll 5s certificates 1959 100% 2 *40 100% 100 April-Oct 1954 mortgage 3%s 3%s registered 1977 116% 98 Central High 100% 26 Feb-Auy 1956 General Jan-July 1961 4'As Y N 104 % 97% 116% >97% Jan-July 1961 98% 104% *102 *114 1987———Jan-July Kentucky & Indiana Terminal 4'As 1961—Jan-July 1st mtge 4s Kentucky Central of Central 102% Refunding & impt 4%s series A 2013—_April-Oct Refunding & impt 5s series C 2013 April-Ocf 105% 104 26 104% 105% York 102 deposit Consolidated 4s series A 1998 102 98% 2%s 1980 Kansas City Southern Ry 4s ser First mortgage 3%s series B 1968—— 35As _series B 1968 June-Dec Kansas City Terminal Ry 2%s 1974, April-Oct mortgage New 90 100 *97% 100 1976 City Power k Light 2%s ansas 85% Feb-Aup deposit of AFirst 5%s series A *91 Jan. 1 Low No. High Ry—(Cont)— 1956 series ACertificates Range Since Sold 100 Orleans Texas k Mexico ACertificates 102 Bonds Friday's Low 94% 99% 6 or Bid k Asked High 85 19 87% 96% Jk Clear first 4s 1959-June-Deo 2y«s 1976—Mar-Sept Last Sale Price Period New York Stock Exchange AFirst 5s series C Jersey Central Power k Light Interest BONDS Jan. 1 Sold New Jamestown Franklin Week's Range Friday Bonds Friday's Bid & Asked 113% 111 „.»98 . — 8% 10 ? V 15 7% 9 99% 102% -247 ,109% 118'A - 9 100% 101'A Volume 173 Number 4999 . . 'h The Commercial and Financial Chronicle . J .1 t (1397) 2» NEW YORK BOND RECORD RANGE FOR WEEK ENDED MARCH 30 Friday BONDS Interest New York Stock Exchange Week's Range Last Period or Sale Price Low Pittsburgh Cincinnati Chic & Bonds Range Sine* Sold High Consolidated guaranteed 4s ser F 1953 June-Dec Consolidated guaranteed 4s ser G 1957 May-Nov Consolidated guaranteed 4s ser H 1960 Feb-Aug Consolidated guaranteed 4Vis ser I 1963_Feb-Aup Consolidated guaranteed 4Vis ser J 1964_May-Nov *103 — BONDS Jan. 1 No. Low New York Stock Pittsb Coke Chem & II 107% 107% Terminal II 1057/8 *113 *__ 113 113 Refund and impt M 4s series C 2019 Refund and impt 2%s series D 1985 Texas Corp 3s debentures 1965 113 Va 1st mtge Pittsburgh Consolidation 3 Vis debentures 3'As Texas June-Dec 108 V4 108 108 '/* April-Oct 107 107 107 92 Vi 92 % 11 *__ 114% 7 92% 108 107 115 102Vi 102 Pittsburgh Steel 1st mortgage 4Vis 1958 Pittsburgh & West Virginia Ry— April-Oct 10114 101'A 103 101 3 St Orleans and refund M refund RR New of fThird Ave Ry 5s 2000 ser mortgage 1958 June-Dec 97% 97% 5 95% 99 Tol mortgage 4Vis series B 1959 April-Oct 97% 97% 1 94% 99 97% 97% 5 94% 11 110% 101 101% First 100% 101 3s 4Vis series A mortgage 4Vis general -5s First general Co Plantation 4Vis 3s First mortgage 27/8s Providence Public 3s E Electric Mar-Sept 99% 1970 Vis 1977 Feb-Aug *105 Jan-July May-Nov 1956 & 5s and 98% 98% 99 99 . Union 3%s 1974 4s 1960 101% 99 103% 4 134 138'/a 103 35 102 106 102% 102% *102% __ 58% 58 % 61 28 30 66% 58% 50 28.% 119 Oats 2%s debentures 2%s debs 1961 34% 28 Mar-Sept A 1964 1971 Oil of 1971. tr 2%s California 2%s debs , 1970—June-Dec 1976 Southern Bell Telephone & 3s debentures -1979;_-J 2%s debentures 1985 1 152 % 152% U 2 218% 219 104 % 104% 100 99% 92% 101% debentures 1976 debs RR 1965 consol April-Oct gtd 4s series A 102% 102% '84 V* 98% '83 ' . W Gold ^ 85%' 104 104 127 A 197t—. 95 "* .95 ' 93%. *— 100 - 1 "WW 96 V*.' * •' . 97% .94,A :97.%..,.'..V, 98% 42 % - A •"2 97% 2' 99 - 88% *85% 106'/a 100 97% 101 99 ■ ; • ■. - 96'A 103% 85 V. ■: 90 120 73 100% 105'A 97% - 99% 119 97 V. 103 % 96 99'/* 72 96 102'/* 118 122 179- 118 137% 102 102 8 102 103 *— *__ Jan-July 116 ApriZ-Oct 98 116 Vz —— 109 Vz debentures 1972—lili RR Co— " . , , 89% mtge income 4%s ;stries B Jan 1991—April tmJi mortgage 3'As-series B 1971 .Feb-Nov 1976__May-Nov Warren RR first ref gtd gold 3y2S 2000—Feb-Aug Washington -Terminal 2%s series A .1970—Feb-Aug Westchester Lighting gen mtge 3%.s 1967—Jan-July General mortgage 3s< guaranteed 1979__May-Nov •West Penn Electric 3V2S-1974-May-Nov West Penn Power 3'As series I 1966——Jan-July West Shore first 4s guaranteed 2361 Jan-July :- As registered 2361 Jau-Juiy Western Maryland first, mortgage 4s 1952_April-Oct Gen mtge 4Vas-4s series A 1969 __Apr-Oei Western Pacific A'As income A Jan 2014— May Western Union-'Telegraph Co-r30-year 5s 1960 1—Mar-Sept WestinghouseJElectric Corp— j > .' 2%s debentures 1971-1 —Mar-Sept Wheeling & Lake Erie RR 2%s A 1992_L__Mar-Sepf —Mar-Sepf Wheeling Steel 3 %s series C 1970 First mortgage 3'/4S series D 1967 Jan-July Wilson & Co first mortgage 3s 1958——ApriZ-Oct Winston-Salem S B first As I960———Jan-July tWisconsin Central Ry—r .4;.: */:- fiAFirst- general As ,1949^— ——Jan-July A Certificates v of; deposit-— Jan-July §ASu & Du div and term first As 1936__May-Nov ACertificacts of deposit Wisconsin Electric Power 2%s 1976 June-Dec First mortgage 27As 1979 Mar-Sept Wisconsin Public Service 3%s 1971 Jem-July -debentures conv 101 94 94 96% 60 57 60% V ■ t*51 l-i 104% 105 104% I: 105'% 106% 105% 105 V* 107 16 66'A 41 65 65 • ■ r ' 104'% f 102'A V i ' ™ ••/i : • 101% f 63 37 102 103% 104 104 106% 114 i 102% 104% I 101 v 4 - 101 "4... ; 103% 102'% 103 ; "2 -"'■'J- ' 104% 101% 11. 101 .r'-'""'' 101%': 98 2 , .100 110 ■■ 113'/a 84 V, 2 92Va ; '§2% /■ * ■£ . . ; 64 *11 ; ' 63% 34 ' 65% - 71 .V,y' 99% :-lh 98 .'II *11 105% 105% 105% *■ Light & Power 2%s 1976_Jan-July 98 98 97% 100'/* 105% 106% 11 105% 108'/a 18 107 111 108 110'/* included 97 101% not included in 106 106'A 64 72'/* the receivership, or reorganized under Section 77 Of.*, Bankruptcy Act, or securities assumed by such companies. '' »'• -ji jOA •Friday's bid and asked prices; no sales being transacted during current week. ^ ; ?.<, • A 109 % 109% l!'-' *__ 93% 98% 106'/* *62 66'A 93'A 98% *— .—— , 94 10 99 Va 153 101% Jan-July *96'A *99 93'A 96% 98% 99'/* 99% __ in delivery sale year's range, the the not n included in the year's range, d Ex-interest, Under-thc-rule sale not included in the year s year's range, y Ex-coupon. e Odd-lot sale not range, r Cash MM •, . gNegotiability impaired by maturity. 102 /IThese 100% 103 103., Deferred ^Companies reported as being in bankruptcy, 102'A 100% 100'/a a here is a issues were previously listed on the Curb Exchange. 1951 years range-SfaQwjIk 3 The combination of all sales on both Exchanges. * > >< u ■ i 1'• NEW YORK CURB EXCHANGE WEEKLY AND RECORD YEARLY In the and following extended list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning Saturday, March-24, ending the current Friday, March 30. It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, wbetner or bond, in which any dealings have occurred during the current year. stock RANGE FOR WEEK ENDED MARCH 30 Friday Week's Sales Last Range for Week Sale Price STOCKS of Prices ■ New York Curb Exchange Par A EC Vending Corp 1 ACF-Brill Motors warrants Acme 7% -IIH —10 7% Adam Hat Stores Inc Low 8 3,000 l'A 6 39% 200 Ainsworth Manufacturing Air Associates Inc For footnotes* page 2% "rw Jan 29% Jan 2% Jan 7% Jan 14% 15% 14% 15 16 • Air-Way Electric Appliance 40'A Mar ' 8,000 700 for Week Shares —1 Alaska 11 Feb 10% Jan 15% Feb International Investing Corp. -_1 Allied Products ZMich) common--. —S .—1 Altes Brewing Co — 13% 19 Jan Altofer Bros common_ Jan & Fisher Inc i Feb Feb Airlines .100 common ',4 6% 9% 500 100 5% 10% 9,600 24'A 250 > Jan Feb 98 3% 4 8% .-,.8%. 800 4% Jan Jan 3% 24 / Feb 21 Va Jan 3% Mar , . , 6% Jan t 107 Feb 102 V* Mar 7 9'% —1 10'/a Ma* Jan 97 20 09 % Allied • 8% 1,300 202 98 High Low 10% 6 98 Range Since Jan. 1 High 10 102 ._50 preferred— Jan Alles ~ Power 4.20% 5% Jan 2% Mar 10% —1 Airfleets Inc Alabama Great Southern Alabama .—3 4 4'/. ■ '900 9% —1 33. Jan s. common. —5 (N J); see 5 500 ; 2% 9% 1 % Mar 1,400 40% Sales Range ' Low Par ' 6 39 Last Sale Price High x7% Mar .1 Aero- Supply Manufacturing Agnew Surpass Shoe Stores— STOCKS New York Curb Exchange Range Since Jan. 1 High IV Alloys common Aluminum Acme. Wire Co Low Week's of Prices Friday Shares 1, ' •'/-ir ; *' — Yonkers Electric " ... ■»■' 96'A 125% ' . 100 ^ 1192i/a: ■ : 98* 98 101% 102% *110 , / • „ 51 97 104 *__ 697/a 58 104- -104'A ;* rl03- -rl06 VA " - 71% ■V 65 .5 63% 63 . '102'/*v ;!02%~102%. >a©4 . >y 103% 101 12, 104 ...- 101 101 104.-''• *10-1—----—;— •104 90 103'/*,; 100 94 ^ 104 ... 105'% 90% . 84% 24 *100 • 3%s . 85 * 71 90 85'% 84% ■ 76 May-iVoJ 2%^Qdebentures 1973 104% 98% *96'A ' 97'A —. Jan-July Jan-July 1966 100 100% 103 V* 92 93'A 116 4 104% 97 27".. 99 107'A 108 ..„ April-Oct *>' 101% 93 7: 96 - 97 90'A "5 95 116 97% ? -April-Oct ApriZ-Oct Jan-July 95% 90% 93 % • Jan-July May-Nov gold 4%s 2013 April debentures 2%s 1971—May-Nov debenttu^ 94% .1: 98 423-M* 123'/* 93 97 *102% . A-, —--— 101% 93% ; - 45% 101% 1-48 :,*■ 100% 102 101 98% 1974 - -94% ; 10 , 94 100 99 . J —May-Nov ^ v 101 /.Vv, " / debentures 1983 ASpokane Internatl first 2%s / 125 100 1996—____jan-July debentures 91V*. t 101%.■■■■»• • 93% Mar-Sept mortgage 2%s series G 1961 Ry first consol gold 5s 1994_ fc'iCo .7-.-' i - - Memphis Div first gold 5s 1996 Southwestern Bell Tel 2%s debs 1985 2%s 145 V-: *45" *--47% - __ i-Fth-Aug Devel and general 4s series A 1956 Devel and general 6s series A 1956 Devel and general 6'As series A 1956 Swift 92% -94 /:.A: :,'5 102%-r ., *100 ™ __May-Nov Sunray Oil Corp. 2%s 96'%-, 126 „ mtge As income series A Jan 1981——^Aprll Walworth Co 106 £-94 Jan-July Southern J) 7 105 % / 5s 1981__^_ (N v, 104 83 • Gen %n *104 . , Oil . • May-Nov C 1973_April-Ocf 1 W 99% 3s convertible debentures 1960 Apr-Oct San Fran Term 1st mtge 3%s ser A 1975.June-Dec. Pacific-RR Co— First mortgage 27/«s series E 1986 Jan-July First mortgage 2%s series F Standard 272 *104% 94 • • _ ser 101 104 97 % *95 __ Jan-July —Gen 122 91%. June-Dec 1969_—. 3%s ''98% v 101% 96% 97% 96% Mar-Sept .• Wabash 116% Southern First 66 • 104% 110% *100 , -April-Oct Virginian Ry 3s series B 1995 First lien and ref .mtge 3%s ' *126% 128% 1963——^April-Oct Telegraph Co— __jan-July <Oregon-Lines) 4-V2S 102 *105%."™';"' ; —Van^July Pacific'Co— 99%. '116% 116% >—" '106 "" — 2%aS debentures 1987_____i____C™___^_jan-juiy Southern Indiana Ry 2%s 1994 First 4V2s Gold 4%s 101% 1, 58 V __ 1978—Mar-Sept 1st & ref mtge 2%s ser H 1980— Virginia & Southwest first gtd 5s 2003 78 79 ' 98 97% 104% 105 % 105 May-Nov 1975—Mar-Sept First —> vt Southern 104% 77 79 ' 97% 95 % First and refund mtge 27/as ser G 1979—June-Dec 105% 100% *71" * " 86 98% 97 97 1955—Feb-Aug First and refund mtge 3s series F 104% 105% — 98% 97% 97 *__ 97 101% 101 Corp of America— conv Vandalia 96% 102 *„ . 101% 91% " 104'/a '78 *99 W 90% 103% 104 Vi Rubber 2%s S Afay-Nov 2%s debentures 1967 April-Oct Universal Pictures 3%s debentures 1959—Mar-Sept . ^ 46 102% 104% 96% *96% 101% *75 : ™ —June-Dec " June-Dec fTnloh-Oil .2%s debentures 1971——April-Oct ASileslan-Amer Corp colL trust 7s 1941 _Feb-Auo gtd 92 % *99% 100 United *105% : tc North;-AJa RR 90%' 90'% United Biscuit Co First consolidated 5s. 1958 Sons-2'As, 19C6 3s debentures -l^M'™,.™—^ & 3 103% *__' Shell South 98% 98% 99 98 % 98% First and refund mtge 2%s ser E General mtge 4 %-s series A Jan 20lfi —May mtge 3s eeries B 1980l_^I__-_, ______~Mfiy-Nov Bkelly Oil 2%s debentures 1965 Socony-Vacuum Oil 2'As 1976 98% 98% Feb-Aug 106% *87% -1st Seagram. &os 104 RR— debentures 3%s 1989—May-Noo Go— 104 100% -98 6t Louis--"Southwestern Ry— First ds^Bond certificates 19^9 —May-Noo ,8econd es'inc Iwnd certificates Nov 1989_Jan-July Faul.dt.fhduth first;cons gpid 4s 1968_Ju»e-Dec St Paul"ffnicto -Depot 3%s B 1971 _~April-Oct Scioto: V #5-New England 1st gtd 4s A 103'/a 102% *98 ___Jan-July 2022 May - 101 % 102 June-Dec 1980 100 % 3 *— _Mar-sepf 109% 108% 39 Jan-July 11st mortgage es series. A-1997— ASecond mtge. inc 4%s series A. Jan Seaboard- Air. Line RR 100 Afay-Nov 1968 218% 218% 218% ,6t. Lawrence &^Adirond'k 1st gold 5s 1996—Jan-July Second gold: >6s 1996™; **_i. :™April-Oct St .Louis Rocky. Mt is P 5s stamped 1935—Jan-July 6t Louis-San- Francisco Ry Co— ' " * 100 99% *98'A 100 152% 152% Rochester Gas & Electric Corp— General mortgage 4%s -series D 1977—Mar-Sep< -'General mortgage 3%s series J 1969 Mar-Sepl series 99% 99% 100% 101% >•'. ^Saguenay-Power 3s *99 102% 102% R ;• 5 102 Refunding mortgage 2%s series C 1991—Mar-Sept of America 2%s 1966—April-Oct Gas Corp 2%s 1970 ; Jan-July Co— Reading Co first & ref 3%s series D 1995__May-Nov Reynolds (R J) Tobacco 3s debs 1973 April-Oc« v 103 99 138 impt 3%s I960—June-Dec sinking fund series B 1957 Virginia Electric & Power Co— " 105 99% 102% 99 Jan-July April-Oct Consol V 102% 134 134 June-Dec 1960 Jan of Missouri 3%s & coll Pacific 2%s Vanadium Quaker - 128 Ml 104 101 May-Nov mortgage and coll trust 2%s 1915-April-Oct mtge Union refunding mortgage 3s 1972 May-Nov refunding mortgage 27/#s 1979_June-Deo First and 98 Vi II *99 debentures First and ref Corp debentures 1st 98% Mar-Sept^. Gas Cent Ohio & Union Electric Co 101% 101% 1963 May-Noo refunding mortgage 3'/*s l968__Jan-July First and refunding mortgage 5s 2037__Jan-July First and refunding mortgage 8s 2037—June-Dec '■[: : ^ 128 10 54 U June-Dec 1964__Jan-july 1984 4s 110 Vi First and * *— 1985—Jan-July June-Dec 1977 1983 Terminal Service D 1st mtge -3 mortgage April-Oct Feb-Aug debentures Pipe Line 2%s First 5- High Ry— 1974 series Potomac Elec Power I960- 1962 B income 5Vis C Ashtabula & series series C 5s First general Pittston series Youngstown First '. 1 Low 12% 101 102% 103% 10\ June-Dec 110% First ' Ian. No. 99% HOVi 110% income Tri-Continental Pittsburgh 'V Range Since Sold Pacific— Orleans first refunding AAdjustment 101 series B 3%s M Pacific-Missouri Term 102% and First 1 Bonds High *12 May-Nov 1970_Apn!-Oct 3%s series C 1990_ApriI-Oct Pacific first gold General Jan-July April-Oct RR— M 3%s First ' Friday's Louis— refund Texas & 102% 102% *102 Vi 102% New of and Texas Jan-July Assn First 96% 92 Vi 6 & RR First Coal— 1965 or Bid & Asked 108 *__ *105 April-Oct 1964__May Nov Last Sale Price Period Low Pittsburgh Cine Chicago & St Louis RR— General mortgage 5s series A 1970 General mortgage 5s series B 1975 General mortgage 3%s series E 1975 Interest Exchange High Louis Ry— St Week's Range Friday Friday's Bid & Asked Jan 10% Mar 7% 4% Feb Jan 26 Ma* 5 Jan . 200 8 V2 Ma* The Commercial 30 . . . Monday, April 2, 1951 RANGE FOR WEEK Week's •' 'A1 Aluminum Co of America $3.75 Par Goods Industries Amer Air Filter 5% pfd {American Eantam Car Co class A American Beverage common American Book American Cities Co Power & Hard Rubber American Laundry American 100 200 100 Mar 104% 25% 26 300 25% Mar 27% Feb Castle 11 11% 400 9% Jan 13 Feb Catalin 16% 16% 100 14% Jan 16% Mar 1% 1% 7,300 1% Jan 1% 1% 100 1% Jan 40 78% Feb 80% 82 Maracaibo American Meter Co American Natural American Potash 31% 33% 1,000 26% Jan 35 25% 26% 1,000 22% Jan 27% Mar 20% 21 22 6% Co Jan 6% Jan 7% Feb 20% Jan 24% Feb Jan 34% Mar 24 25 • 19% 500 6% 23% class A Chem 35% 35% Co common. Chamberlin Co of America Jan Charts Jan 40 Jan Cherry-Burrell common Chesebrough Manufacturing com Chicago Rivet & Machine Chicago & Southern Air Lines 35 36% 2,200 32% 10 2 10c 49 11 ¥2 48% 49% Jan 50% Mar 12 6,100 500 44% 11% 10% Jan 13% • 113 ¥2 5 5 Republics Seal-Kap common Amer Superpower Corp common $6 series preferred American Thread 4% American Writing Paper common preferred Anchor Post Products 200 4% 200 4% 1,500 8% Jan 9% 9% 6% 300 9 8% Anglo-Iranian Oil Co Ltd— American dep rets ord reg ,430 6% 6% 12% • Light $7 pfd Armstrong Rubber Co class A 4% % convertible preferred 14 Vi 10% 13% 13% 14% 10% 10 18% Feb 50 44% 44% 2.50 10% 11 23% Jan 7V8 Jan 14% Feb Colon Jan 21 21% 15'/a Feb Colonial 15% Jan 21% Jan 40 Jan 48 Feb 10% Mar 12% Jan 13% 23% Mar American Atlantic Coast Fisheries l Atlantic Coast Line Co Atlas 5% 5% 23% 24% 4% Jan 82% Feb 7% Feb 2,700 Jan 25% Feb Jan 20 Atlas Plywood Corp 1 Automatic Steel Products Inc 1 5% 5% 1Q0 5% Mar • 5 25 3 7% 8 500 7% Jan 9% Jan Automatic Avery Voting Machine (B F) 6% & Sons common preferred Ayrshire Collieries Corp common 19 17% 7% Jan Feb Feb Coro 21% Feb Corroon Baldwin Rubber Co 12% 1 Baldwin Securities Banco de los common Pwr Ltd (L) common Ties common & Hedges Inc Blue Co 15% 500 15 2,200 'rnJm'' 4 American 550 17 ¥4 Jan 14 550 13 ¥2 Mar 16 Co 600 11 ¥4 Jan 13 ¥a 67/a Jan . 600 11 50 10 ¥8 Jan 4 21,900 3 ¥4 Jan 4 ¥4 Feb ll7/8 Mar 14 ¥2 Jan 70 ¥4 89 ¥2 Mar 1,600 950 Jan 100 20 140 83% Jan 87 ¥2 25 ¥4 Jan 37 ¥ Mar 5% 22% 800 4 ¥4 Jan 6,000 20¥4 Jan 25% Feb 17% 2,000 ll¥a Jan 207/b Feb J:/ 8 ¥4 87/a 600 25% 200 33 ¥» 33% 28 ¥2 — Mar 20 7 ¥4 8 ¥4 Mar Feb 87/s Mar 23 29 ¥4 500 25 ¥4 Mar 24 33 10 Jan Jan Feb 33 ¥2 Jan 32¥a Feb 275/a Jan Mar dep rets ord bearer £1 11% Feb dep £1 10% Feb 2% Jan ord reg 11% Feb 10% Mar Celanese Ltd— Amer dep rets ord reg ; nJJritish Columbia Power class A Rubber Bruck Co preferred Piston Burma Ring Jan 6% Jan 2,600 6% 700 12% 13% 3,000 10% Jan 14 Feb 25% 1,000 20% Jan 29 Mar 8 Jan II—III* II 13% 14% 400 13 21 20% 21% 1,600 20 11% 11% 12% 2,500 ft % 7,300 3% 3% 2,900 13 Jan 2.50 Co 1 II_ Hl2%c Corp Amer dep rets Burry Biscuit Corp ' 3% . .. Sugar common Feb 15% Mar Feb 23% 8% Jan Ltd™ Calgary & Edmonton Corp California Camden Electric % Jan 4% Fire 4 4%' 400 4 4% 300 3 ¥4 Jan Mar 5 ¥4 Jan 4 ¥2 Mar II IIII" Insurance 10% 10% 11% 12,100 67/a Jan 12% Feb 7% 7% 7% 1,600 7 ¥4 Jan x8% Feb 22 % 150 207/8 58 200 56 Mar 26 22 Va 22 Va 56 —5 26% 26 Mar Jan 22 ¥e * + Feb 70 Feb 27 ¥4 Jan ' 200 - Canadian 1% Industries t apital Capital 100 "I Marconi City Products Transit & Carnation common 5 —— pfd_~ ' 35 __ HT " common Carolina Power & Light $5 Amer - l 2.50 Carr-Consolidated Biscuit Co Carreras 3% joo inc—™ Co Co 161 Vz Mar 1 Co Carey Baxter & Kennedy Carman —-r. - Ltd— preferred Canadian 4% • 90% • __L 1 3 ¥4 2s~6d 1 ¥4 3 ¥4 4 7,200 3% Jan 161% Mar 4Va Jan 22 ¥4 23% 150 22 Jan 33% 35% 950 33 Mar 37 Jan 8% 8 ¥2 500 8% Jan 9 Mar 4% 4¥a 600 4 ¥4 Jan 4% Mar 100 Vz Jan 113% For footnotes 5% page 33. f 5 Jan Jan Jan 5 ¥4, 2,900 4% 4¥a 11,000 200 7% Mar 36% 700 300 5% _7% Feb Jan 40% Jan Jan 6 Jan Jan 29% Feb 900 8 5% Jan 10% Feb 6% Jan 10% Feb Jan 4% Jan Mar 73% Jatt % Feb 97a 5,800 4% 1,800 65 67 ¥2 9% . Jan 9% 34 % Mar 5% 6% 5% 4 % Mar 8 5% 3% 61 225 Jan 8 Jan 14 ll7/a Mar 7% 1,500 7% ' 12 Feb 13 7: 100 10% 11 ¥4 800 9% Jan 28% 26 28 ¥4 j 1,000 21% Jan 33% Jan 12% 11 ¥4 12% 1,700 11% Jan 12% Jan 2% Mar 2% • Jan 144% Jan 118 1,450 126% 130% 127% Feb 3% Jan 4% Jan 3% 1 3% 600 1% 1% 300 1% Jan 1% Jan 2,100 Jan 21% Jan 25% 1 50 31 Jan 41 Feb 500 10 Jan 16% Feb 11% 400 10 Vz 21% 21% 23 39 39 39 12 12% ■ in : Feb .16 Jan i96 % Mar Jan % 2,700 10% 500 9% Jan 12% Jan 900 6% Mar 6% Feb Feb % 10 6% 6% 6% 16% 16% 16% N 200 15% Jan 16% 16 15% 16% 5,400 14% Jan 18% Mar 4% 4% 100 64 62¥» 64% 6,300 1 3% 3¥a ''-4 4¥a • Feb 2,800 VA Jan 3% Jan 5 ¥4 Feb 9 ¥8 Mar 12% Feb 9% 9% 9% 14 ¥4 5,400 12% 12 ¥4 250 3% 3 ¥2 1,600 2 ¥4 27a Jan 52% 2,200 12 ¥a 300 * Jan 15 ¥1 Mar Jan 9 10% 13% Mar ¥2 Jan 2% 4 ¥4 7:;. Feb ' 69 ¥2 Mar Jan 29 29 5,100 287a 11 11% 300 10% 6 ¥4 100 16% 16 ¥2 200 12% 38 38 100 33 Jan :<• Jan Jan 14 Jan 317/a Jan ¥2 Feb 3% Jan 2 60 65/a Feb 71 ¥4 Jan 12% 29% 7 Feb 4 1 1,700 ;Y:'h: 1 1 6% 400 -_10o 3% 3ft 2,200 Mines Inc 35 Dayton Rubber Co class j -_50c Dejay Stores common. .5 Dennison Mfg class A common— Day Feb 7 ¥2 Mar ¥» Mar 6 Feb 18 American 7% Jan 1,800 12% Jan 15 ¥8 Mar 2% 800 2%. class A & Chemical Co Ltd Dominion Textile Co Ltd common Dunlop Co 100 12 Jan 14 ¥a Jan 2 Jan Test Corp Duval Sulphur 600 2% 2% Feb Feb 16% 200 15% Jan 4% 1,500 4% Jan 5¥8 Jan 607/a Jan 32% Feb 2,800 29% 25'% 12% common & Potash Co 20 , Jan Jan 28% 28% 28% 200 33 ¥$1 Jan 35^ 37 650 32% 92 92 25 89 Feb 38 Jan Feb 34 Va Jan 92 15% v 28 % Mar 35 Feb 94 Jan "19 Mar ' 16% ' 18% 17% "' 7,500 , Co class B common : Jan 33 10c Ltd— Durham Hosiery Duro Feb 13% Laboratories— dep rets ord reg (The) Duraloy 30% * Rubber American Jan 10 Co Co (Allen B) Feb Jan 24 28 % • Draper Corp common Harris ,14 3% 900 4% * 25 • • Power 142% Mar 54% Mar 1 Duke Jan Jan 2% Mar 28 2 2% ~4% Bridge Co Ltd Dominion Steel & Coal class B DuMont , 16% Dominion Driver * 13% 1 Dobeckmun Co common. Domestic Finance Corp Jan 300 15% 27 27 rets ord reg 4s— dep Feb 8 ¥4 ~7% Ltd— Co Distillers 29% . 12% —10 Raynolds class B & Devoe 7%, Jan 4ft Feb ' Mar 136 Vz 1 Foundry Products 38% Mar 14% ..100 debenture 1 & Manufacturing.. Detroit Steel v ~7% Detroit Gasket Detroit Gray Iron 6 % Mar 3% Mar 28 £1 1 • 1 • 14% Jan 6% '4% 50 18 3% •iiTHtl..} i a7tf% Feb '7 j8%" Jan Feb Jan 1,000 6% Jan 25% 3.400 20% >*; •j- Jan 16 6% 6% 23% 24 2,Bud 4% 4% 18 6% ; Feb iCziX: "Jan' Jan prior preferred States Eastern common—10 100 25 25¥8 Mar 13% 13% 8,700 11% Jan 14 Va Mar 77 78% 450 67% Jan 81 32 Vz Jan 36 ¥2 Mar 3¥a Feb 4% Jan 101 % Jan 3% Corp preferred series $6 preferred series B. Eastern Sugar Associates— Common shares of beneficial lnt 13% 77 96% $7 shares of beneficial lnt Easy Washing Machine class B Electric Bond & Share common 50 94 Jan 83% Jan 28% Jan 92 ¥4 Mar 89./ 83 89 31% 31%. 33 1,000 1 • 14 13% 14% 1,500 11% Jan 16¥a Feb 20% 20 % 21 30,500 19% Jan 22 ¥8 Jan 12 12 12 300 11 Jan 13 Jan 30 104 Mar 5 10c 1% 1 1 32% - 105 105 1 105 18% Jan 1,600 14 ¥4 106¥4 Jan 1% 5% 5% 6% 7,300 1% Jan 32% 1% 32 Feb Feb Feb ' 1.600 18% 17% 84 % Jan 8% 8 8% 5 ; 36% * 82 Equity Corp Esquire Inc >" 1 1 100 common convertible preferred 99- Feb 175 Electrographic Corp common... Empire District Electric 5% pfd Empire Millwork Corp Emsco Derrick & Equipment $2 300 3% 3% 450 1,600 6 Jan 3% 90 ¥4 112 3%, 81 400 25 3,100 11% see Mar 6% 111% - 3% Eureka Corp Ltd Eureka Pipe Line common. , 18% Mar 12% Jan 32% Mar 30¥4 Mar 47/s 9 Va Mar 6 Jan Mar 11% 100 1% 1¥4 100 11% Mar 1% Mar 8,600 % Jan 15 % 7/a 1 10 Feb 22% Jan .. 1 ft Jan 18% Jan Jan Feb Fairchlld Camera & Instrument dep rets A ord 23 Feb 10% 27 Jan 8 100 7 Feb Jan 81 112 24% Mar Ltd— .'Amer dep rets B ord Feb 20% 1,300 10% 23 Davidson Brothers Inc— $5 pfd commoni" •6%% preference ~~ -20 Canadian Canners Ltd common " Canadian Dredge & Dock Co Ltd™ • Canada Cement Co Ltd Jan 94% Jan Jan 1 Canada Bread Co Ltd 2% Jan 17% U Mar 3% Mar * Power 1,000 D Eastern Gas & Fuel Assn 4% 19% Jan V 1 19% Feb Mar 12 % Mar 4 Va —50o I Estate 1% Mar 1 Eastern Malleable Iron Cable Electric Products 12% Mar 9% 6,100 .2.50 4% % Calamba Jan 1,200 2.50 5 Class A common.. 5% 22% 20% • Pipe Line Bunker Hill & Sullivan Jan Jan Feb 6'/a Mar 19% 24% 13% 1 Buckeye Feb 3% 2.50 Mills Ltd class B 30% 6% 19% 10 common Co common. ?Vb Mar Jan 19% . cumulative junior (E L) 2,100 3 27 **» IIIl B Brown Forman Distillers Brown 2% • *}<-'<! Class Bruce 2% 10s 13 Davenport Hosiery Mills— Dominion Tar Tobacco— rets common Lighting Inc common Curtis Manufacturing Co (Mo) 8% Feb 20 ¥4 —~ I_.HI* Mar Amer Burd 13 ¥4 Mar 170 20 Amer British - 86 • Co • 37 25 ¥4 8% • Jan 11 5 • Sugar common Jan 5 ¥4 Mar 6 16 ¥a • common 30% Mar 9% 24 24% Mar 5¥a 21¥a ,7 22 Jan 1,900 l¥a Feb 12% 20 • Oil 21 ¥4 85 ¥4 v 50 13 Feb 35 • A British-American Feb 9 ¥2 12% 1 Light 38 ¥a Jan 82 1 Gas Jan 8¥4 ll7/a \ Manufacturing Co 36¥4 80 ¥4 20 29 13 * 10 Curtis 400 37/a 86 New common Jan 2,000 11 25 Light & Power Tobacco 9% 37 5 ¥4 . common— Atlantic Cuban 4 Feb 3 Cuban Jan 17 12 : preferred-100 common 6 ¥2 Mar Jan Jan 13 ¥2 12 * Traction Bridgeport British Feb • common Corp Class 15 ¥» • common Bourjois Inc Brillo Jan 20 ¥2 — 1 common prior cumulative Scrymser Co Breeze 13 87/a 37 13'% 1 5%% Brazilian 25 3% 3 9% 3 (S) & Co (H C) New Drug Co 5 ¥2 72% 7% 5 ♦ 25c Crystal Oil Refining common $6 preferred , 37 a common common common Blumenthal Borne Crown Jan " 3% 1 Ridge Corp common Bohack Jan Jan 13% 15 ¥4 Blrdsboro Steel Fdry & Mach Co com.* Black Starr & Gorham class A • Eilauner's Crowley Milner & Co Crown Cent Petroleum 8 ¥2 „ —— 1 Inc Motors Inc__ Crosley 14 ¥1 6 ¥. Mar 15,900 2,500 13% 1 Telephone of Canada common__25 Benson 5% Mar 6 Jan 7¥a 13% Jan 4 1 6 1 Co 11% 6% 1 common. Benrus Watch Co Bickford's Jan Feb Brewing (Md) Cork Internat'l "A" partic 12 ¥4 % 1 Shoe Corp Aircraft 13 66 y2 * Crown "7 1 Inc & Co Beau-Brummel Bell 4% 6,100 Croft • 1 Basic Refractories Bellanca 4% 4% *4% 75c 425 9% Petroleum.:— Creole Mar 5% Corp Barium Steel Corp (A S) 13 Jan Jan Andes— Barcelona Tr Lt & Beck 11% 700 shares American Baumann 13 43% 34% Mar 6,500 71 ¥2 12 ¥4 65 receipts (ord reg)—£1 5 American dep 38% Feb Jan 22 1 common Ltd— Courtauids 37 38% • 10% 13% 5% 1 • Reynolds common $1 preferred class A B Babcock & Wilcox Co Jan 10 % Mar 35 1 25 1 10 & Petroleum 7 V* 500 Inc Cosden Feb Jan 3 Engineering Corp 28 Jan Jan 6% l¥a , Jan 8 15% 17% Mar 100 17% Jan 75 Mar 2% 6,100 24% Mar 73 50 74 73 5% Corp warrants 7 1 '/a Mar 5% Mar 2.800 3% 3% 3% ;: 50 64 25 64 64 • class A 8% Mar Jan % Jan 8,100 1% % 1 • Associated Laundries of America Associated Tel & Tel 8% £1 6¥a 300 11% Consolidated Gas Utilities dep rets reg Jan 7% 12 ¥4 1956 to 38 Vz 28% 1 1 1 Consolidated Liquidating * Consolidated Mining & Smelting Ltd— Consolidated Royalty Oil 10 Continental Car-Na-Var Corp -1 Continental Foundry & Machine Co—1 Cook Paint & Varnish Co i • Corby (H) Distillery Ltd— Class A voting • Class B non-voting. • .—5c Cornucopia Gold Mines ext Jan Jan Mar 6 105/a 7% Manufacturing Co Commodore Hotel Inc Community Public Service Compo Shoe Machinery— Vtc 5% 69% 10% • * Colt's Consol Jan 10% 4% Colonial Sand & Stone Co Jan Jan 8% 1 Feb Feb 10 % Mar 9% 3,700 6% 5% Airlines 10% 3,200 Jan Jan 35% ordinary 113% Industries— Electric Jan 11% r6¥a "e • Cockshutt Plow Co common Jan : Associated Jan 12 Jan _ Jan 700 176 Jan 8% 4% 9% Jan Jan 8% 200 9 ¥2 91/2 > 94% Mar 12% 82% 10% 25 , Jan Jan 155 290 9 ¥4 23 10% Feb 16% Jan 8% 1% 5% Development Jan 450 10 9% 9 9% 5 10 4 Products Co Aluminum Jan 85 400 175 170 - 9% • 10% 500 175 t 9% Inc— Neon 8% 6% Mar 11% Feb 91% Clayton & Lambert Manufacturing—4 Clinchfield Coal Corp common 20 Mar 113 Jan 950 Co. Clarostat Manufacturing Claude Jan , 80% Mar 400 10 ¥2 Jan 19% 111% 18 1 3% Mar 13 ¥a "9% Stamping Auto Club 1,300 • (The) Corp 6% 12 ¥4 common City & Suburban Homes. Clark Controller Co 13...» Mar Jan 108 27,100 10% • Equipment Corp ' 3,000 6,700 6% 13 ¥2 10 Power & Aspinook 110 108 • preferred Arkansas 8% 9¥a 108 3% 1,500 2,500 1 common class A non-voting Common 3% 9% 3% __ City Feb 7 10% Mar £1 X 1 Appalachian Elec Power 4 ¥2 % pfd__100 Angostura-Wupperman Apex-Elec Manufacturing Co Argus Cameras Inc Cities Service 9% Mar Jan 13% Consolidated Minln Chief 10% Mar 5% Jan .... common. trust certificates Voting - 110 80% Jan V 1 Arkansas Natural Gas Jan 5 Jan 4% Jan 118 112% Mar 113% 113% 2 Angerman Co Inc common % Jan Vz 12,900 % ft ft Feb 15 % __10 40 35 ¥2 900 .2.50 Jan Corp 7 81 ¥2 1 Steel Product* 33 125 Jan 200 400 6 ¥4 Aircraft Cessna • American Aro Mar 700 8,800 31 237/a pfd Mar Jan 17 Va 5 100 preferred. Ohio 6% 6% 80 ¥a Central Power & Light J% Jan 33 ¥2 • 5% 3.50% Mar 4% Mar 16 7 -1 4% pfd 100 {Central States Elec 6% preferred—100 7% preferred 100 Conv preferred opt div series 100 Conv pfd opt div series 1929 100 Century Electric Co common 10 Century Investors Inc 2 Convertible preference- Jan 6% Corp 6 ¥4 4 High 100 15 ¥2 5 & Co— of America- (A M) Range Since Jan. 1 Low 6 15-% .10 , High 6 common- Central % 6% Shares Low Central Maine Power Co— Feb 1,500 1 Co Products Jan % „ for Week —1 Mar % B American 6% 1% 1% 84 ft 20 25 Manufacturing Co com American Class 100 25 Machine <fc Casco Mar 1 Co Gas Jan v** (J W) Co common. Carter 68 Light— Class B ex-distribution American Jan 77 3,200 11 Sales Range of Prices Par High Low 71 __ • • 15 1 —1 100 common conv Range Since Jan. 1 High 68 100 Manufacturing Aluminum Aluminum •:'/ • common preferred cumulative Low STOCKS New York Curb Exchange V'., : Shares of Prices Sale Price Curb Exchange New York • Week's Last Sale Price Friday for Week L»st STOCKS 1 ENDED MARCH 30 Sales Range Friday EXCHANGE CURB YORK NEW ♦■■4 s and Financial Chronicle (1398) 11% Mar 1% Mar Fairchlld Engine <fc Airplane Fansteel Metallurgical 1 29% 29% 1 7% • 17% - '.7% 17 - 31 1.600 33% Mar 7% 20,000 7 % Mar 9 Jan 18% 4200 16% Mar 20 Jan > Number 4999 Volume 173 . . . The Commercial and Financial Chronicle J * YORK NEW (1399) CURB EXCHANGE RANGE FOR WEEK ENDED MARCH 30 Week's Range for Week New York Curb Sale Price Exchange of Prices Shares Par (Phila). York First Corp Fishman Ford Class of A Class B 58% 10c 3% 3% /o 3% of 2,500 573/8 800 45% Jan 66% Feb 61 125 54 Jan 75 Feb Franklin Simon 1 5% 5 ;V u Feb 31 Jan Jeanette Jan 9% 10% Feb Jefferson 900 4% Jan 5% li Jan 1% 133/4 Feb Jan 11 Feb Jan 9 Co 9 11% 500 600 11 — —50 preferred— 39 — —* 11% 5 A) vCe 11% 5% 5% 5% common common Preference Julian & Kokenge Co 7% Feb 26 Feb 32% Jan 2% 1,200 100 2 Jan 23/4 Feb 2% 200 3% Jan 30 28 29% Sulphur Co (N J). Stores 3,300 2% 2% Lake 5% Mar v 2% Mar 203/4 —1 Jan Jan 8/4 Glass Brown 22 3/a Mar Jan Jan 182,000 1 93/8 11% '* , common. ___1 & Co Inc convertible (Geo 29 Range Since Jan. 1 Low High High Jan 300 France— deposit receipts bearer 1 Fort Pitt Brewing Co 1.25 Fox (Peter) Brewing i— 4%% 3% Jan 150 103/4 American Fuller 3V4 31 83/4 5 £1 Shares Jan 60 — for Week Low Par 62% 55% .56% Sales Range Last Sale Prloe\ Exchange High 58% Mar Jim » deposit rets ord reg. Motor Low , 90 New York Curb * non-voting voting American ' ■ Ford Motor Co Ltd— Ford Range Since Jan. 1 10% ' — Canada— High Week's of Prices Friday STOCKS 303/4 Co Inc (M H) Motor Low ■; > cumulative preferred —1 dividend $2 . -10 common Association Fire " Sales Last Friday STOCKS 11% Jan 10Vi 1,000 * Jan Jan 45 12 3/a Mar Jan K Kaiser-Frazer Kansas Kawneer Corp Electric 4Va% & Gas pfd 6% 7% 35,200 19 3/4 203/8 1,100 105% • 8% 6% Mar 10o Co Kennedy's 6 3% .1 Jan 107. Jan 15 Va Jan Jan Jan 22 Va .8 Key Co common Kidde (Waiter) & Co 14% 14% 14% 300 13%, Jan 153/4 Mar * B Inc 10% 10% 10% 250 10% Mar 13% 16% Jan 18% Mar Jan 108 % Mar _— mmm Feb Kimberly-Clark Corp— 4 Va % preferred 100 Gatineau Co Power Electric General Amer dep Co ord rets Finance General Outdoor 5% 5 common 6% Adv Plywood Corp common preferred Service Yellowknife (A C) Jan 7 5% Jan 63/b Feb 27/B 1,200 2% Feb 4 Jan Kirkland 3,4 23,4 23/4 400 23/4 Jan 33/0 Feb Klein 20% Jan Jan Kleinert Gold 8% .20% 8'/a 20% 20% 2,700 & 4% Globe Union Gobel (Adolf) 9ya Jan 8% Mar Jan ,22 Mar Jan 105 2,000 33/4 100 4% 14 y4 15 99 5y8 Jan 19 •*: Jan "4 Feb Feb 108 y2 Mar ~4% 5,000 6% 6% 200 5% 7% Feb 18% 18% 100 18 % Jan 20% Jan 17 % Jan 193/4 Feb 2ii'* oan 33 Feb Va 6% 4% Mar 4 25 Jan Feb 13 Va 13% 6,500 13% Mar 173/4 Feb 16 % 16 16 Va 2,200 16 20 Jan 28 % 27% 28% 900 23% Feb 3% B 13% —1 5 class 3% 2,300 3% Jan Inc Co Godchaux Class common Mar 53 28% Mar Kobacker Kropp Graham-Paige Motors 5% Gray Lakes Great Northern 31% 19 % 20% Lake Lefcourt Le Realty '• Mar Feb Jan 32 14 Jan 20 y2 Mar 8 3/a 8% 900 an 9V2 2,500 10 % Mar 123/a 100 133 % '1 y/8 o Paper — .25 . 3 133 , Ltd 48% Lionel Corp Hearn . i Heller Co ~5% Lynch Mfg Hlgble Hoe < . s Feb Maine 46 700 50 54 Jan Public Service 25% 100 26 3/4 Mar Mangel 10 200 10 Mar 11% Jan Manischewitz 125 22 Mar 233/4 Feb Mapes 22% Jan. Stores Hormel Horn 5% 6 Feb 15 100 113/b Jan 183/4 35% 400 32 FeD 37% 49 4 44% 80 49 Va Jan Jan Feb, Jari: Jan 6 3/a Mar 53/8 7,400 4 Jan 13/4 100 1% Jan 7 1,100 5% Jan Jan 113/4 Mar 500 23% Jan 27% Feb 600 6% dan 83/4 Jan 24% 6 3/4 7 21/4 Jan 7% / Jan 123/8 3,100 Mar 14 Va Jan 16 3, 8 475 153/4 Mar 19 3/8 Feb 12% 150 123/4 Mar 14 Feb 14% 14% 100 11V4 Jan 15 V* Mar 88 Jan 96% Jan 703/4 Mar; 12 — 12 «-4 70 ~9 9 Va 3% 1,000 7% 7% - 8% 500 3% 33/4 67 10 70 100 •'/r 9 Feb Feb Co B) Horn .. 5% Feb '•/■■ 53/4 9% Jan 11% 5 Mines— 8% f n% 12 3/4 13 : 1 11% xl0% 1,900 13% 200 93/4 6,200 33/8 50 Va 300 Jan 33/8 —— * ' 49 —15 A) & Co Baking Hardart ' 49 44% 44% CoL— .14 31 common 4. K 166 Menasco 20 313/4 31 Oil Huyler's 1st Manufacturing Co. 32 118 115 118 .1 400 v Bumper Corp Michigan Steel Tube Michigan Sugar Co common Michigan 6% 15 3/a Feb 4% Jan Feb Jan Jan 53% Mar Jan 15 14 -;'f * Feb Co common 32% Mar Canada 5 111 Feb 25 Indianapolis Pwr & Light 4% Co North of w 10 5 Cigar International $3.50 International Machinery— Mlcromatic Middle X131 Feb 3,400 102 y4 Jan 100 33/4 Jan 53/b Mar 2% Feb 3"% Mar 13 % Feb 13% 16 23% 1,825 500 Hone Midland Oil 3% Jan Mar 19 43/4 ■ 27 20 y4 Mar Feb Jan Petroleum coupon shares Registered Safety A 1,750 27% 183/4 Mar 25% Feb". 5 .. Jan Feb 37-% Mar Jan 353/4 22,400 11% 400 11 y4 Mar 12 3/« Feb 10 — 10 100 10 11 Investors 10 10 100 Jan 3.90% Feb 139 V2 100 Va 100 Va 133 129 133 1,050 65 67 1,350 64% Mar 67 14% 14 3/a 1,200 13 Va 14% 66% Air 84% 86 86% 1,300 78% dividend Jan 14% 15 15 • 13% ■ Oil Co 13% 3,300 , 17% Jan 22% Mar 2,300 12 Va Jan 14% 29% Jan 30 Va Mar Feb 253/4 24 3/a Jan 28% Feb 1,500 26 223/4 Mar 5,200 10 y8 Jan 12 % Feb 32% Mar 373/8 Jan 24% 25 Va 11% 500 12 34% 36% 19,300 Feb 10 111% Jan 112% Jan 1,000 143/4 Jan 17 3/a Feb 12 Jan 14% Jan 112 16% t c 33. 123/4 123/4 100 143/a 151/4 3,100 18 40% Wohl 123/a Jan 15% Mar 18% 300. 16% Jan 21 vfeb 30% Mar 15 32 Jan 41 200 40% Mar 42 3/4 Jan Feb 2% Feb Feb 16% Feb 2% 13 133/4 13% 1,500 10 11% 11% 11% 1,300 10% Mar 123/a Mar Jan 45 Va Mar 11% n% 100 81/2 Jan 13% 133/4 14% 5,400 13% Jan 14% 2% 3% 5,800 37 3 2% Mar * 100 13 7% 7 1 Jan 13 9 7 6,100 „ 7% 7% Co common • 80c 10 • 1 BOo Jan 56 Jan 5 Mar 300 6% Jan 8% Feb 9 Jan 12% Jan 700 ■ * ■ • 1,200 8% 1,700 8% Mar 9% Feb 700 13 Mar 16% Jan 4,700 13 Jan 14% Feb Jan 11% Feb 13 13% 13 133/a 10 - 25% 25% 300 25 Jan 27 Feb is y2 18% 193/8 900 18% Mar 24 Jan 5% 400 43/b Jan *•'223/4 Jan 26%' Feb 32 Feb 35 5 , 1 —1 common Jan 2 l3/8 Mar y 1% 13 26 26 26 800 33 33 33 50 4 6% 1,600 333/4 50 3% 6% 3% 4,900 6V4 333/4 4 5% 31 14% Mar 3,800 16 14% 16 4l3/a 41 413/a 19 17% 20 Jan 102y2 2% 200 Feb 7%; 'Jan 35%/Feb 19 y4 Jan 103% Feb Jan 41% Mar 13% Jan 20% Mar 2y8 Jan 40 • 7,100 3,500 2 3/a Jan Feb Jan 5 Va Jan 6V4 Mar • 4%% Corp Pictures Jan Jan 13% 1% 8 3/fl 8% W 11 Va ; Feb 9% 7% Mar Jan 200 "5 C'V v; 103/8 7% Feb 43A Mar 56 • ~43/4 5 Feb Jan 4 6% 1 Monongahela Power Co— 4.40% cumulative preferred 100 4.80% cumulative pfd series B—100 4.50% preferred series C 100 Monroe Loan Society com class A 1 Montgomery Ward & Co class A pfd • • 10c 10 common—7.25 Tel & Tel —100 Power States Rights — Vernon-Woodbury — Mills Mfg Co Muskegon Piston Ring common Mt Murray Ohio Mar 95 95 95 50 107 107 50 103% 100 100 25 100 23/4 Feb Jan Mar 98 Jan 107 Mar 1013/4 Jan Jan Jan 2% 173 174 60 173 Mar 185% 36 36 100 34 Jan 36% Feb x4% Jan 43/4 Jan 16% Jan x2% 173 ~4% 4% 4% 2,000 18% H 18% 100 11% 2,900 ««--:■ < 250 100% 102 Va .4 Feb 191/4 Mar Feb 13 Jan 103% Mar Va Mar i/8 Mar 100 ' 56 Feb Jan 21 Mar 200 93/a Jan 11% Mar 21 100 173/4 Jan 22% Mar 9 1,700 73/4 Jan 9% Mar 100 40 44 19% 20% 10% 10% 21 B —• 2.50 10 -BOo xl0% Mar 60 % % Va 100 2% 600 2% xl0% Producers Muskogee Co common Muter Company common 8% 83/4 '■» 40 700 19 Mar N Jan Jan Nachman Mar 89 Jan 15% 3,200 ~12 llp/a Jan Feb Corp Inc — 7% i— common— —1 Hess Breweries • common preferred • 15 300 Jan 163/8 Mar National Fuel Gas 13% 500 12% Jan 15% Jan National Mallinson Fabrics 2% 4% ;44,500 U Jan 4% Mar National Mfg 12 Va 4 1% 1% 1% 1,900 1% 17% 17% 17% 700 16% Jan 1 2% Jan National & Stores common Pressure • 1 Cooker _11 common- —2 • 7% 3/4 8% • 3/4 1,800 800 % National Rubber National Starch 10% Jan National Steel Jan National Transit common Jan 4 Feb Mar 22 Jan 18 100 34% Mar 133/a Xl3% 13% 5,300 5% y% 4 200 Feb 5ya Jan '<50 10 » 16 4% Mar 3y8 18V2 113/4 Jan 9% Mar Feb 34 Va Mar 13% Mar 13% Feb 13 Jan 16 Va 13 13 13% Feb 600 12% Jan 16% Feb 8y4 Jan 123/s Mar 12% 1,100 12% 13% 600 18 18% 300 3% 3% 33/4 1,900 Jan 16 153/4 Jan 20 Jan 26 Va • —1 14 34% 1 % 3,900 18 :iio Feb Jan 500 33/8 11% Feb 18 7% Mar 4Va 34% 18 Radiator Co 93 Jan Machinery Products Car Ltd 15% 3% —1 Mar 91 "3% --28 14 Va 600 15% 4% ^ ~ —1 common National Bellas -10 National v Italian Superpower Corp com cl A page Supply common Refineries Mid-West 12% 100 Manufacturing Chute see 23% 13% Mar Service Co— For footnotes 20 3/4 • shares common Midwest Piping & Miller National * B preferred Iron Fireman Irving 11% Mar 102 Va Mar 124% 100% 1 Razor Royalty Iowa Public 23% Mar Feb Mar • shs —• • Products International Feb 103A Mar Products— non-cum Co common Moody Investors participation Morris Plan Corp of America 11% ,34 35 Va ■ • 50 Industries International 18 3/4 1,900 $1 conv preferred—* Corp Midland Steel Midvale Mountain 22% Corp Petroleum States Namm's series Metal 2,400 11 32% Mar Hydro-Electric— Preferred Feb 19 . pfd—100 America i International International Jan Feb 193/4 112 Molybdenum 12,600 4% £1 Ireland common Jan 12 Jan Jan Jan ,169 2% 20 20% • Imperial Tobacco of Great Britain & New Jan 5% 36% Jan 453A Jan '31 ; £1 Oil (Canada) capital stock—*, Insurance Jan 17% 13% convertible preferred 60 Mining Corp of Canada * Minnesota Pwr & Light 5% pfd—100 Missouri Public Service common • Mar 4% Imperial. Chemical Industries— American dep receipts registered of 18aA Jan 8 23% 2.50 • 10 1 preferred Jan 44 y2 300 — Tobacco 10% 193/4 10% 25c IB 1 1 Corp common Participating preferred Midwest 3 163 Textile Metal Michaels Brothers, Inc Mid-West Abrasive ? ;i 1 imperial Jan 13 . Mountain States Imperiad % Mar 8 300 19 19% 1 1 Co Iron Feb 2 y4 21% preferred Securities Food Products..— Zinc 6 1,800 Scott Corp— Merritt Chapman & Mesabl Mountain Illinois 2,400 9% 133A • • * Co Jan 4% ~2% 1 convertible Hygrade 31 -1—5 common Hydro-Electric ' 31 ♦ Inc common.. Refining & Hard Lock & 6% 9% 10 Co & 93/4 107% Mar 5 (Harvey) Humble Feb £1 Dredging Mfg Monogram . Jan 11% Marine & Co class B (A G) Johnson Mead 12% 39 . 50 44% 166 ..100 preferred Hubbell 5% Jan 6% • Co common Feb 133/8 Hardart & .5% — Harris McWilliams Co Mfg Co Ltd; 93A Mar 3% Mar Inc (Geo & Jan 8ya 5 Va Mar B 10 1 * Shovel Power McKee 200 53/4 63/4 "5% .2.50 Stores Inc Holophane Co common • 4% 1,200 18% 26 common (The Consolidated Massey —10 Holly Horder's Feb 300 9% • A 17% 5 9% 63% 9% 1 5 B B 1 1 1 • Mackintosh-Hemphill Co 12 common Gold 16% ; 5' M Feb 93/4 1 Consol Hollinger 153/4 Mar 15 3/t 16 ~9% 153/4 22 24% 100 1 preferred & Co class A (R) 500 Feb Jan 5 6% 100 convertible 5% Feb Jan 1% 10c Co 10% Corp 33/4 $2 < 9 % Mar Longlnes-Wittnauer Watch Co Land & Exploration Louisiana Power & Light $6 pfd— 136% 15% Products Steel Hercules 300 Louisiana 136% 2 common preferred w w Holt & Co common 4% 10%' 223/4 Jan 2% • common 6% % preferred Henry 9% (Texas) Co 132'A Mar 12% , 10% Steel Chain Star Gas 127y2 Mar 35% 35% 5 25c Co Rubinstein Feb Jan • 150 15 • 1 • Dept Stores common— Helena 13 4% B 1 class 340 48% —— 1 2 Corp Mining 14% Jan common 11,300 5% 1 " Hecla 16 % Mar Jan Jan common Groceterias Loblaw 10 253/s 5 25 common Rayon common Harvard Brewing Co.. Hastings Mfg Co Hathaway Bakeries Inc Hazeltine Jan 12 3/a 4% Inc 3% 2% • '••••' -50' 5 * Hartford / 13% 300 x9"% Liberty Fabrics of N Y„ 22 Light— Electric Hartford 300 13 1,400 -1 134-,, 127% 129% 1 Co— H , 15% 13 Feb Co Hammermill Feb 15% ! —— Feb 11% Alabastine Bridge Co l^a Jan 10% 2,100 Ltd G) Communication Hamilton 83/4 Mar 4% common (R Tourneau Marion Lamp u Mar 400 9 1 Marconi International Hall Feb U 8% 8% 17% Tea— Paper. & Lime Jan 68 10% -2 Western Brewery. Stores Products common— 25c Gypsum Jan 28 3,400 21,600 12% Foundry & Machine Corp of Delaware Lanston Monotype Machine La Salle Extension University Lone 29% 900 5 Jan 2,600 Va 4% Inc Mines Shores Locke 8 3/8 Griesedieck Grocery - Mar 4%; 27% 11% Lamson Feb /. J an 55 1,000 ••• 4 4 4% Lakey Feb 11% stock Chemical Oil & Great •30% 20- • 283/4 Mar 11% Company Apparel L'Aiglon 40 3/4 1 __ & Pacific Non-voting common 7% 1st preferred ,■ Jan —5 Rapids Varnish Manufacturing Co Great Atlantic .25 60 36% Mar Jan —7.50 _ Co Forge Laclede-Chrlsty 87 1*6 Mar 5,900 < 66 31; —4 pfd. conv \\ ft' 66 .50 Jan 24 Jan : dan _11 Manufacturing Co— Gorham Manufacturing common Goodman 35 33 %c Stores <The) Krueger Brewing Co 60 Jan » — " 125 200 25% x : prior preferred Goldfield Consolidated Mines Grand 4% Jan 35 Sugars class A B $4.50 * 4V4; Jan 36% 28 3/a 4 25% B Corp Lit Brothers Inc Rubber Co (IB) Hotels 87/a Jan 28 ' • 10 Co 7% 35% im. , 1 M G 4,500 Jan 1143/a Jan 108% Mar 4 Ltd Co common Lake (D Emil) — 1 1 1 107 — 8% Jan 100 Mar H2% 25 113% 113% preferred — 73/8 7% Mar Feb * Distilleries Glenmore 41/8 15 - * * Co Jan 18% 300 8% 101 1 Mines Co McBean Alden C.oal 23 7'/2 8% $6 common Gladding Glen 5% 2,500 2% 2 50c 20 Gilchrist ... 100 6% 2*8 preferred—* Georgia Power $6 preferred • $5 preferred • Gerity-Mich Corp 1 Gilbert 53/4 6 % 10 conv Giant Jan cumulative 4% King Seeley Corp Kingston Products Kirby Petroleum 5% 100 Public Feb Jan % 6 £1 pfd A 5% Corp pfd General 18% 1003/4 Knott reg Fireprooflng General General Jan -Feb 16% Ltd— General . 100 97 100 Gellman Mfg Co common 1 General Acceptance Corp 1 General Alloys Co * General Builders Supply Corp com—1 5% convertible preferred 25 ' 18 18 • common preferred 5% — — * 50 Kings County Lighting common Jan 29% Feb 3y2 Jan 4% Feb 10 Feb 31 62 The Commercial and Financial Chronicle (1400) NEW YORK CURB RANGE FOR WEEK Friday Week'i Range Shares Exchange New York Curb Low Par Neptune Meter Nestle Le New common Co common Mur 4%% Zinc New Mexico New Park New Process Co Jan 19 '/a 1,200 17 Jan 5%: 5% 100 100% 103"" 43A 610 2% .'.2% Feb Jau 5% Jan Jan 93%. Jan 6% 6 "A 350 1,600 68% Mar O'/st 9% 2u 2% 10 83A 11,700 2% 5,600 Ave Ryan 11% 3 common • 8% 8% 300 8 Jan 9 34% 33 % 34 % 300 31 Jan 37% Jan York 10 11% 11'A 11% *50 10% Jan 12 Jan Merchandise Niagara Share Corp Corp— 1 Ryerson 6c Haynes common 15 • 16% Nipissing Mines 3 North American Rayon $3 preferred—50 49% North American North Central Securities Utility Northeast Airlines North Penn Ind Northrop Aircraft 16% 7,200 2% Jan 2,200 1% Mar 2,400 48% Mar 100 4% Mar 18'A 18'A 100 *5% 5'A 49% Jan Jan 6 17% Jan 22% Feb 5% 2,600 x88% Feb 50 96 Mar 102% Mar 13% 96% 14% 6,800 13 Jan 15% Mar 163/8 17 15% Jan 18% 1 14 • ✓ Feb 1% 96 Novadel-Agene Corp 17% Feb 4% 96 Inc Jan 49% 1% 49 pfd—100 4%% 16% Mar 15% 4% 50 Pub Serv Jan 15 300 20 % 47e 1% 1 U~» Co RR Northern 15%. 47/a • 5 Texas Oil 15 600 8t Lawrence Jan 6% Feb Jan 90 Jan United Oil Savoy Schulte (D 2,000 5% 5% 1,700 5% 6 8% Jan-. 8% Mar; 10% - Jan, Jan 800 4% ■ Jani 6% Feb 5% Jan , 7% Jan Shoe Corp Brass class B • common— Ohio Power 4%% preferred Oklahoma Natural Gas Oliver United Filters % 300 % Jan 51% 450 48% Jan % 50o common Co 50 50% 110 100 110 111% 230 110 IS Mar & Can Co common Pacific Gas & Electric 6% 5%% 1st preferred 75 18% Jan 21 Feb 35% 34% 35% 600 34% Mar 41% Jan Sherwin-Williams 16 15% 16 700 15 16% Jan Shoe Sherwin-Williams 5% 1st 6% 29% 30% 700 29% Mar 33 Feb 29% 400 28% 31 Mar — 26% 27 600 26% Mar 29 Jan 26 Vs 26% 29% 1,700 26% Mar 28% 26 26% 300 26 28% div cum Pacific Power 6c Public Service 1st Light 5% Oil A) 101% 102% 8i« Parker Motors Pen Mar 525 102% Mar 80 101% Mar 9% 39,600 7 Vj Jan t v 98% 98% 25 96% Jan of America Jan 24 4% 5 5% 6 1 5% 53,600 6'A 20,700 16% 17 4 Jan 7% Jan 17 39 100 29% Jan 16% 500 12 Jan Patican Co Ltd 2 Penn 60 41 24 24 % 27% 13% Philadelphia Co common Phillips Packing Co Phillips Screw Co 4y<% of cumulative 5% original Jan 67% 900 112 Jan 3% 5 % Mar 16% 3,100 4% 1,100 "2% 900 2% 2% 35% convertible 4.32% cumulative cumulative Royalty Convertible 6 Standard Feb Mar Si.60 • v „ 9% 20% 4% 4% 9% t 23% 102 !-.!,/ 10% 24 % Power & class 18% 2% 33% ; — 10 3% Feb 4% Feb 12% - Jan Jau. Feb ; Mar;;.; 34 Jan 40 f.: (A) & Co. 2% Mar 175. 3% 9 102 29% 16 230 12% 11% 12% Feb 33% Feb Jan 17 Jan 12% Mar Jan 2,200 , 19 26 28 27% •& ""10 8 - 59 " . 22% Jan 80 55% Feb 10% 17.400 5% 2,200 6% 6% 700 4% : 26% 1% 4% 2 2% 25% Mar 200 5% 2 25 Jan 425 9% 2% .100 9 —10 41- Mar 1,500 2.700 9% Mar 26% , Feb Jau 1,100 24% Mar 28% 100 24% Mar 26% Mar Stro.ock (S) & Co — 6% Mar Jan Mar 49% 4% Mar 5% Jan Feb 5% Jan \l Jan 1% Feb 9% Mar 000 1% 11% Jan 10% 2% 2,360 2.400 21% 9% * 250 Feb 38% / Jan 17% Jan 37 Jan 41% Feb 6 Mar 8% Feb 5% Mar 7% 39% 1,400 6% 16,200 5% 300 ; * !'■ . - ' •."* < 160 168% Feb 10% Jan 7% Jan 9 6% 6% 6% 2,500 6% Jan 438 4% 4% 2.500 4% Jan 478 4% 5% 1,600 4% Jan 100 28% x22 % Jan 23 23 _10c 8- 734 15V4 3 1 2% • 2% 2% 4% 4% • ■ '; ■' v'iv-' ^ nil j; ,v :V —15,; 600 4. 4% loO ■■ Jan 59 Feb 12% Jan 5% Jan 6 Jan 7% Jan 4% - 22% . .--.'"34% , ;/■ Jan ;! Jans 33A Jan. : c.4% Jan 6 Jan 15 . bakki,';' vH — Electric Co 36 " * 35% common Technicolor Inc common Texas Power Vnste f it-it ! zi Shovel 6c Co common .„1 — ~7% 7% 40 Jan 22% Feb 17% True 3,500 1,400 88% 88'/a 690 Royalty Corp_ !— 70c preferred—— 100 warrants , 42% 42% 3% 650 3% 1,700 50 1% 1% 3% 3Va <2% 2% 2% 18 18 20% 20%: 21% 20% 21 99 —1 3% i 20%- 21% 1— common .—ul 6Va 112% Jan 12 % Y 22 Jan 15% ■a: r* Jan 8% Mar 18% 85 Jan 91 Feb Jan Mar 6 - Feb 1 Jan: ' 42% Mar 3 Vo Feb 16% Mar Jan 99 Feb 17% Mar , 7%: Jan % Fet 8% Feb 15 % 200 44% 99'/a __ Jan 17%, Jan, 6 »♦—' ' 7/8 —1 ——■ — Works •• ' w—* Corp Lamp 50 8% 17% .— Inc : 8% 17 % Allied Stocks Temper 17% 8% 17% Security Trust Co Ltd— deposit rets ord registered —£1 Tung-Sol 600 .—1 deposit rets def registered- -5s Shipyard Corp common -20 Trunz 5,300'. .—1 — ' Jan 18'A 16 •15 __5 - 34% 100 7% . 200 19 19 ,25c Roofing Inc— Realty 6c Construction Tishman Trl-Continental 21% 111 .—5 i.. — 6c x20% - ' 4,100 Light $4.56 pfd— Thew 20% Feb Feb Jan 23% Feb-, • • • Y Jan 5% Jan 53% Jan 4% Jan Jan Mar 105 1,900 1% Mar 2 Jan 2,400 3% Mar 4 Jan 24,800 2% Mar 3% Jan 950 25 2,600 19% Feb Feb 23 Jan Mar 18 20 Jan 16% Jan 24% Mar Jan 2% Feb 3% Mar ■•••fyrs.'.f;? Tampa Tonopah Mining of Nevada Trans Lux Corp„ Mar Jan S21% Jan 'AWi, Jan 30 5% 20% :s 11 .1 - 3% Jan. ."*• - Jan" 24% Mar . 4y9-lsiii2,000^ • ■ 20% Mar 900 ... 21% 21% 4. !.•■•• 1% Jan 8% Feb v 4% Mar- 900 5%. 5. •15% 2% Mar /' 18% 100 27 ' v. ■■"*> 375 21 24% ' Inc Co 3% 24% Mar 7% Jan 1.700 Y 5% Mar 33% Jan, 14%. Mar 4,400 1 5% Jan » Jan 300 • 21. 1 / 500 21 2% '. — 1,350 ■ 4% 20% • •• 24% 14%. - , 29 29 900 : Feb Mar 8% Jan ' 8% -. Feb 20 Jan 6 < — 3% Jan 17% Mar 14% 5% • 2% 400 16 6% 21% Mar Jan 000 18 % 14% 39 • 20 700 2% 17% l25c I Toledo Edison 4%% Feb Jan 4% Jan 1% Mar 80c convertible preferred Jan 33% 300 31% Jan 37% 3% 1,700 3 Jan 4% Feb 2% 2% Realization Corp Unexcelled Chemical Corp 2,100 2 Jan 2%- Feb Union Gas — ■> 30% Mar Jlen of 10c 40 97 Jan 103 Feb Union Investment 75 34% Feb 43 Mar Union 14% 15% 3,700 12% Jan 15% Jan United 14% 15% 1,100- -5 7% 7% 16Va 16% Oil Co of California— Co —, $3.75 preferred series A__ (Jnicfe Stock-Yards o| Omaha 39. . .Mar 17%- Feb 51% Jan Aircraft Products United Corp warrants United Elastic Corp.,: 4 *" 17 Jan Ilk -• 97;- 8 23% Mar -•: Jan Jan 7% 1,300 7 98% 300 97 5Va 5% 5% % 3 1 « ' 35 - 35 4,800 16,200 50 1 M18% Jan - Mar Feb 5% Mar 33 33% Jan Jan Feb 8% Mar 16 % Mar 1,500 73% '% — 3A 4% 100 2,800 17% 10o common—50c — n 4^ 13 • Tr Canada. 38% Jan 500 U Feb 99 9% . Feb 4% 4% 4% 14% III5 Oil Corp 23%- 1,800 4% 45 «... .—*'■ ; 2.000 41 300 400 46% 21 —1 common., Ray Drug common Superior Portland Cement, 26% 39, 6 6 Ills Sun Jan 4% • 30% Mar 800 27 24% 9% —1 —— 15% 28 32% Mar 29 45 • com 38 15 Jan -• • —1 ; ! 24% • American dep receipts for ord reg —£1 Rome Cable Corp common —5 Jan 29 Feb 1 : 97. common- 47 Jan 29 24% —1 - 3% Hi Jan 27% 30 ' 1 common- 32 * -1 28, 58 ' 1 —1 26% xl7%- Jan 1% — 26 45 400 200 Amer 18% Feb Mar ' —10 (Hugo). Corp 6top & Shop Inc Todd 13% 23 Jan 28% 46 1 1 Stinnes Toklan 18% Mar 8 45% "Mar 104% 9 Jan 31% Jan Jan 13% 2,100 5 Mar 25%. Jan 800!, 14% 11% Mar 20% ' common-- Swan Finch aS^'-Jan 28% 5% Mar Jan 35% Jan 40 6 1 common B Superior Tool & Die 10 Jan Jan 9 3,100 2.78 Sterling Aluminum Products Sterling Brewers Inc Sterling Engine Co Sterling Inc ; Stetson (J B) Co common..: 12% Mar Jan 16% 4'/a 24% - 21%-Mar 8% 24% —1 ordinary 14 700 103 Feb Co 11% Jan 100 Feb 28 28% -25 — Jan 26% Jan 79% —1 class Stein 40 5% Tube Jan 65% Feb- 25 6,200, 25 - — Corp of Canada 59% Mar Jan Mar 30% — 25 ... _ Co Steel 102 2,100 2% : 8% 103. . —1 Feb 3% Mar Jan ' — Mar "2% Jan 15 " preferred—.L— 33. Jan 27% ' -25 (The) Corp Feb Jan 42% 22% 45 —25 • Starrett 28% Feb 23% . 3 Raytheon Manufacturing common- :::» Reading Tube Corp class A 6.25 page 5% 35% Mar 66% 14% Mar 4,600 42% 20 3A — Products Standard 4% Mar Jan 2% Mar 8 6% 8 42% 45 Light Standard-Thomson 19% .500 29 9% 9% Feb 100 ... see Feb 74 900 —10 B 11% Jan 200 39% 12% i!18 2% 8% ,• .. Railway 6c Light SecuritiesVoting common „10 Railway 6c Utility Investment A— 1 Rath Packing Co Common -10 Raymond Concrete Pile common— • For footnotes Jan 3% 34,a00 —1 -12.50 X. preferred Amer Co 4% 1,300 5% 10% Dredging Corp common- —1 20 preferred Standard 8 150 14% 4% 10 convertible Jan $7 -10 - 14% 5% 10 ' 23 % 4% Mar 4,700 . 102 11% ; — 1,000 14% preferred Jan 18 — —— 43 33% Jan 325 — • Feb !•; .13% Mar 20% . ••••< - — • • U R Rotary Electric Steel Feb 31% Mar \V 55 % Mar — -- —1 — Standard Feb 143 Jan > _• Co Jan 4% Mar Tobacco Inc Jna 35% 400 f > 1,000 preferred preference preference. preferred preferred— Brewing Co Cap & Seal Standard Jan Tobacco Field 5 3% Jan 18% Roosevelt 8% Jan 27% — 4% Tilo Roils Royce Ltd— 17% Mar 19% Feb Feb 5 Ltd— Southern Pipe Line Southland Jan x41 4% Jan 2,310 1,000 10 Rochester Gas 6c Elec 4% pfd F. Roeszr & Pendleton Inc Feb Jan 29% Feb 18 % 350 31% 3% 16 22% 2,900 62% 34 100 Rio Grande Valley Gas Co— (Texas Corp) v t c Jan 15% Mar mi. 3% Co 74% 7% 1,700 26% 59% . com——* Richmond Radiator Jan 600 registered— —£1 Standard Forgings Corp Standard Oil (Ky) -Y, / Engineering 70% 109 23 2,200 •■:/: 6 43A preferred 4.08% Feb Quebec Power Co Reliance Electric 6c Rice-Stix Inc 17% 34 % Jan Jan 225' 27 Jan 61% 106 1,200 66% Mar 400 2% ; — 20 Mar 6% 109% Mar 35% ~2 A — . —1 Regal Shoe Co Reis (Robert) 6c Co 950 Jan 29% 600 67 57% Stahl-Meyer Inc 200 4% 2.50 Reda Pump Co 32% 107 5% 4,700 55% Corp Thor Corporation commonThorofare Markets Inc convertible 6% 1 % Mar Edison— 4.48% Feb Thiokol $3 13% Mar 7% Jan 2934 —1 convertible Standard 200 25% 26% —* Pyrene Manufacturing Jan 55% common cumulative 15% Mar 1,200 ~9% —100 preferred 12 * common 20% Mar 1 Puget Sound Pulp 6c Timber Pyle-National Co common.! 100 5%; nil cbmmon 28'A Mar 5% 11 \,% 2.50 Colorado— Feb 13 16% 17 "5% 24% Mar 3% 35% Gas Service 16% „20 13% lQ B— Jan Jan _ Pipe Line Jan 66% 67 25e * common Corp Jan 39% 60% 1 common 1% 13% 32% * - Oil Jan 5% 5 . Public Jan -50 Pressed Metals of America •producers Corp of Nevada class 6% Penn 44 3% 1 common 7% Mar Jan 300 26% 1 - Jan 38% 1 • Co 3% 175 5% 1 common—; Power Corp of Canada common 6% 1st preferred Pratt & Lambert Co__ Prosperity 500 lOo Polaris Mining '-Providence 4% 4 • Pittsburgh & Lake Erie Pittsburgh Metallurgical common Pleasant Valley Wine Co Inc 13% • Governor common 1 Pinchin Johnson Ltd Amer shares Pioneer Gold Mines Ltd Prentice-Hall 27 7,500 50c . Jan 2,300 Am Paper Mills 4.56% Feb 75 Coast Common Pierce & 500 14% ; 2.50 j Pharis Tire & Rubber common Powdrell 23 27% • Corp—2 Co Alexander 350 4% 100 2.50 Pneumatic Scale 40 13% • com Jan 109% 110% 1 19% 5% Mar 350 25 pfd 55 3,400 41% Water & Power Co Piper Aircraft Corp 30 5% -25 Co Circle 62 5% Pep Boys (The) 1 Pepperell Manufacturing Co (Mass)—20 Perfect 60 —• common Power & Light 4%% Penn Traffic 5% 4'A 3,500 65% « class A—_ 3% Mar Feb Publications— 4.88% Jan 35% Penn Jan 37% Mar 1% ■ Southern California Jan 16% * preferred 24% Mar 7% 107 * Co Corp Southwest Pa Jan 16% Aircraft South Feb 6 5% Mar . 50 35'A Electric class A 32% ; Manufacturing South Jan 16 A & Soss Jan 51 35 A Corp 4% 15% 6 107 • dep rets ord Sonotone Mar Jan 1 cumulative 15% Mar Jan 3% Jan 700 Ltd (Howard) Solar Feb 15' 22 3 $1.32 13 13 •>' 6% » Canada of 3% 6% —25 convertible Smith Feb 49 c Corp Co Penn Gas 9% 99 % 14'A Jan Parkersburg Rig & Reel —' Patchogue Plymouth Mills— Pennroad 1% Mar 4,200 1% Hl5 Co common Amer 106% Mar • Peninsular Telephone common $1 cumulative preferred 21,800 14% " •—» common Singer Manufacturing 106 % Mar • • Panatapec Oil (C A) Amer shares Paramount Jan 8% • common (C 102% 104% 101% 100 common preferred Page-Hersey Tubes Pancoastal pfd 102 A • 1 Ltd— Pacific $1.30 • preferred Petroleum 6% + 1 100 Breweries Feb 100 3% Feb 20 Lighting $4.50 preferred $4.40 Pacific Feb Feb 1% 13% 3% 1 preferred Simplicity Pattern common Simpson's Ltd class B Singer Manufacturing Co Mar 28% 4.80% Pacific 11 25 redeemable 1st preferred 25 redeemable 1st pfd series A—25 red 1st preferred 25. 6% 36% 25 preferred 1 preferred Corp 3% • Mining Denn 20% Jan 2% 1% 3% Jan 99'A Mar 20% 8% Jan Jan Shawinigan Water 6c Power 32% Mar 20% 92 Feb 300 Jan 16% 350 Feb 2,400 100 98 15% 10% Jan 17% 96% 32% 33% 2% 97 1 Inc Jan 9% 39 % Jan 13% 3% 1 common— 11% Jan 32% 2% Jan 2 17% 17% certificates (R B) 13% Mar jj'« Mar 29 100 prior stock Jan 32 A 2 1,300 2% 95% 8% —-J 11,200 35% 2 Jan 350 1st pfd—25 Jan 2% 33%. 88 Simmons-Boardman Pacific Jan 4,550 8,100 $3 11% 10,300 12*;« Silex Jan 1% Inc Corp class B Seton Leather common Sicks 9% 26 % 13% * 7,800 94% 11% Mar 10'A J*n 24% 13% O'okiep Copper Co Ltd Amer shares— Overseas Securities 1 Jan 9% 34% • Serrick 4% 3% 91% 30% ' Jan 24% 12 '^,'w 2% 93'A 13% 1 4,700 Feb —5 30% Omar Inc Feb 3^ 2% « Shattuck 28% 4% —23 • 2,200 3%. Jan stock Convertible $5.50 15 B 1,000 3 • 1 class 2% 4%- 4 2% 1 Co 31 % Olympic Radio & Telev Inc 85 Feb I—1 Sentry Safety Control Jan 55% Feb Jan 113 42% Feb' Jan 1% 9% Inc— Industries Selected Jan 53% 1,800 1%- 3% Segal Lock 6c Hardware Selby 26% 2,100 1% 4 1 Co Corp General Bros Seeraan 9,100 72 1% .-25c Inc common A) 36%: 68% X70 1 Scullin Steel Co common Securities 33%^ 35% —49 Sentinel Radio Coip common— ' Ogden 1 common— common (Del) Inc Allotment Ohio Ltd preferred- Corp Sayre & Fisher Brick Schick Inc Semler O Corp convertible 1st Samson 16 % Mar 5 common Niles-Bement-Pond , 9% „ 10 Mar 10 Co York Shipbuilding Pounders shares • 9% 9 „. . Feb 14% Feb- Feb York Auction York 6c Honduras Rosario New ,, 9% 100 6 1 Co Petroleum— iv, High 9 Jan Mar 78 New • -Low 11% Jan 6,900 . Jan Jan Jan New • 13 8% 200 8% 12% 12% Range Since Jan. 1 High Feb New , Shares 5% common Consolidated 9%. Jan 77% Jan 1% 72 common Fifth Aeronautical 6% Mar 70% Russeks -1.25 Ryan for Week Low 3 Jan 4 , 8% Rowe (The) Corp common Royalite Oil Co Ltd 103% Mar ..»-2%.Mar. ,*1, 68 % 68% 5% Sale# Range East Par 20% ,■> Week'e of Prices Friday Sale Price New York Curb Exchange* High 4 2% 1 1 Land Arizona & Mining Co Low 8,900 18% f 102 % ... 2o 25 preferred convertible Jersey — Range Since Jan. 1 4-% 5% -1 New Haven Clock 6c Watch Co New V < STOCKS High 4% • 100 Tel England Tel & 4% -30o 2.50 --1 Rational Union Radio MARCH 80 for Week of Prices Monday, April 2, 1951] . EXCHANGE ENDED Sales Last Sale Price STOCKS . . Feb 7% Mar - 103% Jan Feb 75 6% Jan % Jan 36% Jan : Volume 173 The Commercial and Financial Chronicle Number 4999 (1401) 35 _4J NEW YORK CURB EXCHANGE RANGE FOR WEEK ENDED MARCH 30 Week's Friday STOCKS— New York Curb Last of Prices Low Par United • Products Milk 75c participating United preferred Co Ltd— Molasses • common—; Sales BONDS Shares 9% Low 300 10'A 8'A Amer , RA United NJ United 11'A Feb Feb 23 10% . & Sharing preferred J. 100 Foil and $5 U S class % Feb x43'A 44% 3,500 25 w— B , ADeoenture Mar 248 ' A7s with Mar A Italian II Feb Jan 5% Jan Jan r 39% Jan 41'A Mar New England Power 13% Feb 15 Jan 17A 1% Jan 34% 2% 37% 2 1% Jan 1,300 4,000 1,200 250 8'A 8% 3,700 3'A 3'A 200 2% 600 34% -8%. 1 ._ S 1 • ■ . 50c Insurance 28 3A Jan 4% Jan Oil 2% 10 9»A 3'A Mar 5% 1st Jan Jan Sugar 31 100 37% 250 3% 6,800 37 5 • 3'A 3% , Jan 3'A Jan 62 80 30 lo common 1% 100 80 10 31 Mar 38 1 Mar 28% 3'As Mar Jan 3% Feb 3% mortgage 3s 1968 —5 7% 7% 7% 1,700 93 93 44% 44% 7% 8% 3% 4'A 2,800 14% 200 8 4% — 130 :V Jan 9»A 1 A6'/as 1947 Oct ex Co • 96% Feb Jan 40 50 50 7% Mar 3'As 1 1940 IWaltham Ward Inc— Mar California series Wentworth West Co t v 1st and w ' Southern Jan Southern Counties 15 Feb 1st California mortgage Stationery 1% 2'/« 7% 7% (Wm) & Wickes (The) Williams Willson Co preferred w w x w Wisconsin Pwr & Lt 4% % Inc pfd 37 38% 23% 23% Woodley Petroleum common Woolworth Jan 8'A Feb 113 Jan 21 22 Jan 41% Feb — 22% Mar 25% W) 25% Jan 23'A Jan 16'A 4% 9'A 93/8 100 13 5% 8% American, deposit :■'> 6% receipts 10% 155 158 155 165 102 102% 102 103% 1981. ..May-No® $100 102'A -Mar-Sept $100 103 103% 104 102 % April-Oct 3s 3rd 1965 Mar-Sept 1973 3%s w 1970 (Calif) 37 101'A 104% Jan-July Feb-Aup 100'A 100'A $100 104 2 100'A 105 103'A 104 103% 105 -April-Oct $102% 105 — 3'As 1970 1989 trust Feb-Aug 1946 14% Jan 17% 125 15'A Mar 18 33'A Jan 43 $43% 45% 32% 47'A Feb-Aug 46 65 Aug ex 2%s 1946 $60 1947 coupon 1953 1 1969 revenue. A 7s with $24 ex 1 Dec 1947 Map-Nov $102 June-Dec $55 98 10 98 Mar 105 coupon 1956— 400 14 Jan 15'A 200 14% Mar 4% 100 Last 1 Aug 1998 Boston Edison 2%s series A ACentral •••■ States L5%s • Elec debentures 1970 18% A 5s Income debentures 1954 ; series revenue • > 1% "ill Jan Bid & Asked Sold $110 118 116 116% Feb-Aug 103 103 102 104 Western 6s Traction 5s 1960 104% 104% 1947—1978 debentures f s 1959 Foreign Governments and Municipalities ... . r4 • _ ■; 98'A 103% 107% 6 158'A 166 -:v 29 98% 114% 115 120'A 85 \ 115 121 * —Jan-July 100% 100 3 i.--^103 100% 99 103% 1st mortgage 1st A Elmira 4s series A 4s mortgage Eastern Gas Fuel & Water Lt Division— series 3%s & RR 1993 B May-Nov 1993 May 1965 5s Jan-July 1956 ' 66 % 64 % 64 . 3 14 101% May-No® 112% 112% 1 112% 112% $55 ; — 64 53 57 Guantanamo & : A 6s series A r:r Western (coupon on) International 1963 June-Dec 1958 70 100 Vz 100% Jan-July 71'A 64 $7 6'As stamped 1958—Mar-Sepf $25 27 100 4 104% 60 53 53 50 •.'■■■ . '.• . 72% 5% 39 8% , 9 21% 25 37 3A 37% 54 : 56 (Plan Al $56 May-Nov April-Oct $55 June-Dec June-Dec 7s 2'As to stamped 2008 1951 56 77% $39% 42 83 39 78 51% 77'A $51 56 ' 51% $55 77'A Parana 40% 26 29% (Plan A) stamped Interest Peru reduced to 2%s 2008 of)— , ■ l'As to 2%s (ser ABODE) Rio 1,1 Mar-Sepf (Republic de Janeiro stamped 5'As 29'A 1997—L—Jan-July 28% 2012 $35 Jan-July 36 6'As 1919 1921 Jan-July 2% <'/ 2% r- 2% I 2% June-Dec Government 189 29% (Plan A) 2% 70 $55 50 "2 44 50 80 83 5 61 2 10 \ • ■ ' r> . ■' ' V ''' (not Included in year's range), d Ex-interest, f Ex-distribution, g Ex-stock dividend. hExprincipal. n Under-the-rule transaction (not included in year's range), r Tr&nsaction for cash (not, included in year's range). x Ex-dividend, y Ex-rights, z Ex-liquidating dividend. ♦No par value, a Deferred delivery transaction Odd-lot transaction (not included in year's range), 87 : . 71'A Jan-July $37'A e ■ ,.v • 72 RR— .AEx-coupon market t ■jf^\ 82% .Feb-Aug (Peru) reduced 1, 33/4S 71 ! $68 Mar-.Sept Power 54% 81" A 57% May-No® A 1961 Mountain 54%. 81 June-Dec AMedellin ARussian stamped 1953 5s Interest reduced to at 5s $56 May-No® 1955— Mortgage Bank, of Bogota— A7s (issue of May 1927) 1947 A7s (issue of Oct 1927) 1947 Finland Residential Mtge Bank— Green 5%s City Interest $24 May-No® $76 — Valley 7s 1948 Municipal Loan— Maranhao stamped k' A6%s with Nov 1 1940 coupon 1953 Vis ex Nov 1 1947 coupon 1953 High $76 June-Dec — AExternal 6%s stamped 1952 103% 58 4 A 6 High 73% 60% 102 Mar-Sepf ETcole Marelli Elec Mfg Co— 14 67 102 % 60% — 102 Jan. 1 Low No. .April-Oct -Jan-July A Mortgage Bank of Chile 6s 1931 Mortgage Bank of Denmark 5s 1972 . Range Sine* Sold Danzig Port & Waterways— ALima 103% 98% 111 116% 11 119% 121% Bonds Friday's Bid & Asked Cons External High 8 - or Sale Price (Col) — Mortgage Bank of) (see External Jan. 1 Low ' Liat Interest Period Exchange Low Range Since No. 158% 158% V— Week's Range Friday New York Stock Jan Delaware Lack & Western RR— Lackawanna of N J 104% 106% Newspaper Union— conv Danish High 103% 103% • Jan-July __Mar-Sept of 99 June-Deo Feb Chicago Transit Authority— 3%s 96% 99 97 Mar-Sept June-Dec Penn Jan 4% Bonds __June-Dec Corp 5s debs 19481954 50 West 15% Mar Jan Week's Range or Friday's ■ Sale Price —Quar-Feb 6s 103 50 $24 1956 coupon BONDS 4% 3,700 ' Low Steel 102% Washington Water Power 3'As 1964 Jan 15% __ Friday Bethlehem 103 Co— 1940 1 ; , Service Dec Waldorf-Astoria Hotel— Feb Interest —June-Dec 95 April-Oct stamped A20-year 7s Jan 1947 Appalachian Elec Power 3'As 1970 84% : 2nd Jan 300 "4% Period 9 5'A 94 Hydro-Electric Co— 6'As with Aug 1 1940 coupon 1953 ACauca New York Stock Exchange 99'A (Hugo).Industries—, Bogota ,■ 99% 98'A 94 < 47'A Agricultural Mortgage Bank A 20-year 7s April 1946 * 105'/a Feb 15% 40 •'si— " "l% "1% BONDS 100 % Jan 15 "1% ' — 94 April-Oct 103 99 $100'A 102'A —May-No® 1966— 99 99 —Jan-July & Electric stamped 101% 101% Jan 7% 15% — • 55 34 £1 Wright Hargreaves Ltd 55 Feb 14% Jan 98 15% r..' 105% 10% Mar • Jan 39% 39% *- 104% 104% $55 98% 101% " 103 Jan Mar 4% 1,700 19'A 15'A — 5s preference 106% 104% 98% $101% 104 $101 103 102 102 101 .Jan-July 1971— & Bros 5s United Electric 5'A Jan Jan 6% 13 100 . 5% : Jan 600 8% 8% Jan 16% m 13 Jan 100 -- 8 ' 15 103% $99 $98 Ltd— (P 103 45% A6'As Jan 23% Mar 600 4% 4% 37 Gas Gas 3s (A G) A 7s 50 125 . — 2 103% Triborough Bridge & Tunnel Authority— Jan __100 Industries Jan 27 ■ • common 7% Jan 25 Winnipeg Elec -. Terni A 26 25 preferred 70 1 / Feb 150 1 5% Jan 9 27 X26% 1 5% 44% 65% $43% Stinnes Feb • common 100 : ,2% • Jan 191 5 Co 1% Mar 63A Feb Jan 1 Inc Brothers Woodall 7,/2 ■ — 10 Corp C), & (R Products Wilson ' 17% Jan 177 23% .—5 Corp 12 Feb 50 37 1 65% 105 —Jan-July A7-4s 2'A 183'A 185 —10 River Oil 1% Mar 111% —20 Inc Shoe Mfg Whirlpool Corp Jan ' ^' Weyenberg Feb 12,100 ■ Westmoreland 8 110 8,900 7% 7% com. Coal Jan 108% Jan 300 15'A A7-4s Jan 7y» ' Edison Starrett Corp Inc 5s coll Stinnes (Hugo) Corp— 3% 300 1% —1.25 Westmoreland Wichita 14 v . preferred. Western Maryland Ry 7% 1st pfd. -100 & 'i-—' % t' 1 Utilities $6 Western .Tablet 79 102% $24 1998 ref M 3s series B 5'A Jan 2sa Mar 200 ' 73A c warrants Manufacturing Texas Whitman 7% 1% __ 1 i 7'A —_'1 102% 102% 19b0_, 1973 A Jan 3% Mar 13% COO ' 30 Watch Co Baking 3 1 * —— 1 preferred $2 cum 73 April-Oct 1960 coupon coupon debentures 10'A '*• 2% —- 100 $.*—--- :-'- __ Wagner Baking voting trust ctfs ext—* Bond 10 -June-Dec Joaquin Lt & Pow 6s B 1952 Southern Spalding & 78% ._Jan-July A6'As with Oct - Feb W Waitt 78% ,_Jan-July 1970 Southwestern Gas .preferred 78% Public Service Electric & Gas Co— ' -20c Manufacturing 7 r/o 43 »A Piedmont Hydro-Electric Co— Jan Jan 82 5,400 14% . .IZIi Inc— 11 -April-Oct Safe Harbor Water Power Corp 3s „ • Petroleum 47 .April-Oct 1971 1st mortgage 3s 1964— Pennsylvania Water & Power 3'As 1964 San Aircraft 47'A 46 ^Jan-July Park Lexington Feb 86 25% Jan V Waco 49, $24 • 7% 1 Valspar Corp common $4 convertible preferred Vanadium-Alloys Steel Co Syndicate 88% 49 47 _May-Now Ohio Power 1st mortgage 3'As Feb 92 Mar 8 1961 mortgage 6'As 1953—___ 50-year 6% Vogt High 83 Feb 5% Feb 86'A Mar , A 1st 3'As Queens Borough Gas & Electric— 5yas series A 1952 Venezuela 24 Nippon Electric Power Co Ltd— 4% Venezuelan 86 .April-Oct'' 1 Rubber Reclaiming Co United Stores Corp common -Mar- Nov 1963 to 600 88 7A Products Co 86 Valley RR— Extended at 4% 3,200 35% Universal Low _Jan-July 14% 4% Universal Jan. 1 No. $55 1963 41'A '< 87% Utah-Idaho Jan-July 1952—. coupon 13% ' • Consolidated 1947 x40% , Universal 1 Nov 10c common 1952 1952 147A ' U 1940 coupon Superpower 6s Midland 49'A 4'A 1 1 • Radiator certificates escrow A7s with Nov Feb x43'A Mar ' Securities International 6% Jan „ preferred with warrants 1st Jan 400 43% 'A 242 30 11 lo + Co 248 246 25 United Specialties common U S Air Conditioning Corp.. U S 5 % „ United Shoe Machinery common U S Range SInet Sold •' ' , —— 25 common Preferred Bonds High Isarco Hydro-Electric Co— .. Canal Profit Range Friday's or Bid &, Asked Interstate Power Co— • , registered deposit rets ord Last Sale Price Low ' r Period High : . Jan 23 * , Interest New York Stock Exchange Range Since Jan. 1 High , Week's Friday for Week Range Sale Price Exchange ^Friday's Power Sec— week. bid and asked prices; no sales being transacted during current '* issues All - 4 . ' A6V2S ' A /V-' redeemed C 1955 June-Dec 8%s (Dec 1 1941 coupon) A 7s series A7s *- 11% series E (Aug 80 (July 1941 coupon) 1957 Jan-July 1952 80 1 ; 88 90 11 63 90 83 85% 12 58% 87 88 88% 90 10 65 90 tive: "conv," convertible; 85% "w 88 'A 84 84 ' 85% listed on are me a any closing averages 01 :i- representative • 84 60 61% 12 Stock and Bond Averages jjciuw being traded flat. 84 % Feb-Aug coupon) 'A7s series F 1952— A7s 1955 1957 1941 A Bonds f * slocks ' above—"cod." certificates of deposit; D( (35 Stocks) the New York Stock Exchange as compiled by Dow, Jones & Co. -Stocks- Bonds10 30 Indus¬ Date- trials 20 15 Rail¬ Util¬ 10 65 Indus¬ ities roads Total Stocks trials Second ' Compiled by National Quotation Bureau, Inc. 10 First "cum," cumula¬ voting-trust certificates! "cons," consolidated; "M," mortgage; "n-v," non-voting stock; "v t c," i," when Issued; "w w," with warrants; "x w," without warrants. Over-the-Gounter Industrial Stock Average J* " ana §Reported in receivership. Abbreviations used Total 10 Date- Range for 1951 Closing Grade Util¬ 40 Rails Ralls ities Bonds Mar. 24. 46.84 High 48.65 Feb 26 Low 43.37 Jan Grade * March 24 248.14 80.26 42.91 91.24 99.63 105.10 97.06 101.01 100.70 Mar. 26 46.64 March 28 249.13 80.61 42.94 91.57 99.60 105.04 97.29 100.95 100.72 Mar. 27_ 27 248.74 80.48 42.78 91.39 99.57 104.95 97.44 100.82 100.69 March 28 90.32 96.60 104.38 97.09 100.58 Mar. 28 ;; 46.28 90.63 99.56 104.34 96.90 100.49 Mar. 29 46.04 91.23 99.54 104.40 96.94 100.49 2 46.72 March March 29—_ March 1_— 246.19 30 246.90 79.04 - ' 42.58 ' 79.73 42.39_ 80.61 42.33' „ - 100.41 ' 100.32 100.34 Range for 1950 Low / 43.24 Dec 30 High — 34.25 July 18 34 The Commercial and Financial Chronicle (1402) Transactions at the New York Stock and Miscel. Foreign Shares Bonds Bonds 899,420 1,232,300 - — $1,033,000 — — ———. M —— (Number Bonds Sales $77,000 213,000 2,216,000 2,305,000 244.000 2,549,000 3,171,500 2,853.000 318,500 2,568,000 360.000 $10,000 2,938,000 1,763,000 252,000 1,000 2,016,000 Saturday Monday 7,597,757 $12,525,000 $1,464,500 r ■:-" ■ .V: V A./-:/.. \'A : 10,951,110 !■'':. Government S. 146,559,009 $128,000 $7,u00 56,000 29,000 260,575 93.000 13.000 $2,000 108,000 : 58.045 73,000 84,000 160,000 39,000 3,000 5,000 243,385 71,000 56,000 5,000 132,000 $228,COO $15,000 $712,000 . Total 116,393,392 'X. $4,000 70,000 175,000 2,019,180 26,944,700 31,801,060 12,525,000 19,635,800 255,908,800 254,783,500 $14,000,500 Total shares of $135,000 85,000 92,000 $21,658,980 $282,933,500 Jan. 1 to March 20 1950 1,557,710 1951 v. 1950 2,708,540 33,488,141 25,353,673 $577,000 $98,200 $10,000 $11,000 1,464,500 Railroad & Industrial 1551 Stocks—No. — Bank Foreign Total 181,985 1950 1951 1950 7,597,757 Bonds International Corporate Week Ended March 20 Stocks—No. of shares U. 1951 . Foreign Government Jan. 1 to March 20 Week Ended March 20 ' Domestic 247,000 : — Tuesday Wednesday Thursday— $14,000,500 $11,000 (Par Value) Foreign Shares) Friday Total. Bonds of Week Ended March 20,1951 $1,110,000 2.003,000 1,249,990 1,772,130 1,296,350 1,147,567 >1 —I—— Stocks Bond Bonds Number of Saturday Monday Tuesday Wednesday Thursday— Friday Total Government Bank Week Ended March 20,1951 Exchange Daily, Weekly and Yearly United States Int'l Railroad Monday, April 2, 1951 . Transactions at the New York Curb Exchange Daily, Weekly and Yearly Stocks . . Bonds Domestic $9,813,000 3,494,000 5,162,000 89,000 564,000 791,000 $712,000 Foreign corporate __ _ $939,000 $9,783,000 $15,766,000 _ __ __ Total $286,517,760 $5,725,000 273,000 15.000 __ Foreign government OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED MARCH Exchange Week's Sales East Range for Week of Prices Shares . iv■ 4"-'•: I;'A:'/III;;;,.:' III? American Woolen Anaconda Copper Blue —100 153% * 38% —...... ~ —50 —-i Boston <fc Albany RR Boston Edison 100 3% Feb Anaconda 46% Jan Armco Steel 44% Feb Avco 3% Mar ;! 50 4'/a 122% 60 117% Jan 130 Feb 43% 2,817 x40% Jan 44 Jan 6% 6% 404 ' Preferred 6% Jan 6% Jan a Trust— —1 & Gas Common Eastern Fuel new Chrysler 6% Jan Jan 55 % Jan 26 Jan 78% Jan 84 Jan Federated 220 8% Jan 10% Jan 11 38.01 Jan 39.15 Jan General 209 83% Jan 94% Feb 8"% 38.58 84% • w:- 9% 38.58 88 Day Power & Motors Mergenthaler Linotype >:62% 13% 11% 215 Narragansett Racing Assn Jan 14% Mar Cash Cos New England Electric System New England Tel & Tel 100 53 Jan 60 58 Jan 62% Mar 37% Jan 49 Jan Pure 18% Jan 21% Jan Schenley Indus Sears, Roebuck Socony Vacuum 62% 46 47 19% 21% , 2% 125 2,071 76"% 54% 28 % 77% 200 53% — RR 54% 2,038 28% Jan 4% 67 Feb Feb Ohio Edison (N H) 76% Mar 83% 49% 56% Mar 28 83% Jan 94 Ve 30 31% 120 29% Jan 32 Va Mar 13% 13% 367 12% Jan 14 32% 32% 175 Jan 32% Mar 50% 50% 100 49 Va Jan 54% 53% 54% 79 49% Jan 56 V2 Mar 51% 52% 239 13% 5 53% 51% ♦ Ohio Oil Jan Feb 32% _ Southern Jan Standard 81% 149 75% 82% Jan Standard Oil (Ky) Oil (N 16% 200 15 455 99 Mar 32% 29% 127 32 16c 7% Jan 10 Jan 22% 900 10c Feb 25c 1,026 11% Jan Association Webster • Inc.. __ 580 20 1 93% Jan 18 35 Mar 1 1 2,505 109 104 25% Feb 1% 109 Feb • Stop & Shop lnc— 1 Torrlngton J) _ 48% Drill 5 1,060 20 % Mar 26% Machinery common 9% 700 7% 52 8% Jan 9% S Rubber Co__t ;. Jan 8% Steel System Inc— 200 16% 22% 15% 552 19% 21 500 21 37% 275 34% ? Jan 17% 16% 20% Mar 34% Mar 41 Va Feb 51% Jan 57 y8 Feb 25 '/a «Jan 28% Feb 12% Feb 26 y2 Feb ' , 54% ".V 55% 25 26 Va ; 26% 150 • Jan 11%. 11% 11% 20 11% Jan 23 % 23 % 23% 130 23 Va Jan 39% 39% 10 37% Jan 197 90% Jan ioi%- 103 10 34% •' 32% 35% 54% 206 54% 41% 42% 376 38 Va 38% 10 .. v.. 54% 41% Jan 24% 21% Jan Jan 50% Feb 41% Mar 47% Feb 34% 38% Feb Jan Members New York Stock New York Exchange Curb Exchange Midwest Stock Exchange Exchange Jan Jan Ford Building 40 % 41 69% 1,695 43% 44% 500 53% 55 130 51% Jan 59 DETROIT Telephone: 38'A Mar WOodward 2-5525 Feb Feb \ , 115 , 33 Jan 59% Jan 73% 43% Mar 49% 41 Mar Feb Jan 12% 12% 12%. 45 11% Jan 13% 12.50 38% 37% 39% 1,890 34% Jan 39% Mar Detroit Stock Exchange Week's Friday Sales Last Ran?e for Week Sale Price of Prices Shares :arar^ix;vi.« STOCKS : '■ 3. A 1 :• ; ' . > ' -Mrur, ■ •. ■ 15 H i Iff • ; Cincinnati Stock Exchange Friday Week's ;i American Laundry Cincinnati Mill Cincinnati Street Cincinnati Mach 27% Mar 6% 50 3% Jan 175 16"% Jan y Tel < jg * 105 17% Mar 18% Jan i8% 18% 307 16% Jan 19% 48% 45% Jan 56% Feb 32 Jan 48% 50%. 120 34% 351/4 465 32% 32% 32% 15 55/g 427 733/4 741/2 708 69% Jan 133/3 133/3 14 13% Jan 14 y4 8% Jan __ * Av * 9 II •'* loi * * 20% Magnavox 173 41i/2 30 471/3 10 II __ 1 common 5 21% 41 • * poger new Lunkenheimer 101 40 20% • ; g 24% 48 ——: For footnotes see page Detroit 7»A Jan 76% Feb Detroit Gasket Feb Detroit Steel 9 Mar 101% Feb Edison ; Friars Gabriel 51 Jan Gar Ale & Mfg 11% 725 110 8% Jan 27% Mar 2% 1,100 1% Jan 2% Jan 340 16% Jan 18% Jan 14 Jan 18 Feb 13 A. Mar 9Vb Jan 27% Mar 17 Va 17 25% 500 22 y« Jan .25% Mar 34 449 31 Jan 34% Mar 3,143 6% 620 ■ 8% 8% 22% : 22'/b 21c - 22% > 1,075 11,193 6% 7% Jan 7% Jan Feb 9% Mar 22 Va Mar Wood 1 _r— 23% Feb 26% Feb Gemmer Feb 38% Jan General Motors 20% 150 19% Mar 23 y2 16% 1 14y8 17 ■ ' Oil & Mar 13 Mar 30% 3Va 150 2% 1,525 24c :• ■; Mar 13 Mar Jan 36% Jan 3 Jan 3% Jan 2% Jan 2% Mar 22c 300 7 7 100 5V2 Jan 7% Mar 6% 6% 155 6y8 Jan 8 23% 5 — 21% 23% 1,520 15 y8 Jan 23% Mar 51% 52 VB 1,906 46% Jan 52 y2 Mar 4Va 4 Va 2% 3 1,322 6% 7 * • Lakes 19c 210 235 \ 22c __ __ 1 —— Jan Great 46,668 13 2% ■ __ 5 - Manufacturing — 24c 31% 52 Va Industries 36% • 1 — - 24% Mar 19c 't— 1 Brewing 150 ' V 13 31% 3Va 1 1 Brewing 250 Chemical 1 3 *r , 22c Jan 30C Feb Feb 4Va Mar 4% 2% Jan 3% Feb 460 6 Jan 7% Feb 200 19 Jan 20% Mar 100 15 Jan 16% Feb 6% Feb 200 Feb *' 72% 13 400 12 12 447/3 43 50 125 8% 6% —— — Steel 25 13 , 12% , <■ 20 — 37% 71% 50 Feb Jan 19% Mar 33% \ t 12 3% 4% ; 22 V8 " <:• ' 5 Navigation— Corp Frankenmuth 24 y8 Mar Mar Jan Jan 27% 2Va " " V-—— Economy Baler 42 Jan Jan 3 16% 16% ..<# I_10 — Rights 39y2 Feb Jan 16% ' 20% Mar Feb 3% 200 17 ' —i common Cleveland & 16% __ • 43. Detroit Jan 371/3 13 ,__50 Mar 35y4 Mar 515 8% • 1 37% 100 3% ' » Davidson Bros 20 72% • common — 101 47 Va Mar 5 Printing 5% Mar 50 ♦ B 32% Mar 3% 18 hi *) High 27% —*. ; 1 ~ Paper Power Low * Budd Company Burroughs Adding Machine Consolidated • 12% 1 —5 Roller Consumers 13% 100 1 of Michigan. Bearing Brown-McLaren Mfg Market Bear Bower 3% 18 Range Since Jan. 1 High 3% —— 1 Feb 51/4 V * Daniel Preferred Feb 18% Mar 35% 50 Art new 7y8 Feb - 25 Hobart 8 Jan 18% Ins & Formica Rapid 23% 6% 10 Railway Preferred U 89 18% common_8% common Randall 26% jj% ♦ Electric Cincinnati Union Stock Yard P & G 12% Low 2 Products Metal Rubber Baldwin Big Jan 171/3 Champion Paper— & High 9% 18% 10 Gas ' 45 26% _. — Gibson Low 11% 1 Cincinnati Early High 11% „ . Brewing American Range Since Jan.l —8 Baldwin Burger Brewing Dow H%, 20 „; Balcrank Carey Low * v.- ' Electric Altes for Week Shares • 1 Allen Range of Prices Par ' ■. Par Sales Last Sale Price Aluminum Feb 38 WATLING, LERCHEN & CO. Feb Mar 68% — STOCKS Feb 1057/8 Mar 33% Mar 25 41% — ../„. '. • .12.50 6% Mar Jan 39% _ Elec 20 34% 4% Feb # Westinghouse Electric Corp 70 85 19 24% _ (new) Feb 43% 10 19% • Jan 7 —a 25 54% 43% Mar Jan 68% United Fruit Co 46% Mar Feb 21% 21 . Feb 79 „_2o _ _ Jan 39% Mar 37% 4 49 Va 60 Jan 96 22% — • Co Jan 135 * Mar 41% 16% • 33 Jan 102% Mar 150 . l'A 9'A ;; 30% 12% Mar 7% 9% __ 110 Jan Jan 16c 12% 20% 20% Jan 32% Mar 39% — 26 !A Feb 109 50 Westinghouse 17% 18 ———50 25 U 105 19% Mar 5% 10 - Carbide Feb Feb S. 266 47% 5 _ (Ohio) 37% 220 100% 102% , Standard Oil 36% 10 4; 15c 1% __ Brands Jan 20%; 12 102% • Union Co Mar 9% __ .12% • 125 33 Feb 20'A 9% 4, 33% Jan 110 20% 17% Mar 44% Feb 22 Jan 29'A Jan 5% 15 _ 11% Mar 15 49 Va Mar Jan 34% 43% a _„_i— 79% Jan Jan 26% 46% -140 _ 70% Mar 30 % 42% 65 47% ... Com 699 Jan 42 44% a _ 501 J»n 48 27% 19% ' 16% 47% * Oil .4-5: 9% Feb 52% Ivlar a Packard Motor Car 11% 24% Jan 32 Va —'v. 8 _ 46 27 . _ 29% 16 »/s a a 75% 32 20 Feb Mar 47% * Detroit Stock Waldorf 84% __ _ 29 % 104% 106% — 106 —100 Pennsylvania RR Quincy Mining Co Rexall Drug Co U 84% « .. 77% 100 ; Shoe 80% Mar a 11V* , — 2.50 Mills Twist Jan ^ 73'A —' — 100 N Y New Haven & Hartford North Butte Mining—.t United 69% York Central 220 20% 1 New Union 70 Register 4 61% 1 5 Service Stone & Feb 78% 7 Distillers 60 47 * new Nash-Kelvinator Shawmut Jan 76% - _ International Tel & Tel— 4 60 100 * Mathieson Chemical Corp Pacific Jan 59% 38% new 58 — 100 preferred Northern 15% Jan 32% Mar • National "■//: 13% ♦ Maine Central RR common National 12% Mar 50 V8 Light Dept Stores Standard Lone Star Cement Corp 5% 80 General Electric 1 V 1 .— 12% Jan 24% • Copper 8% Mar Jan 20 !,%•.; 46% -v>4 Safety Razor Co newtHathaway Bakeries ; Jan 7% 76 • 20 ' Kennecott Feb 51 595 54% Products 120 • Gillette 44'A 8% ' 282 • Electric General 158 y8 Mar 42% Mar 33% 10 82 * Stores Jan 38% Mar 581 54% Columbia Gas Radio National 149% 190 43% 32% Service 47% 100 Eastern SS Lines Inc First 77 40% 25 25 9% preferred B i—100 preferred adjustment——100 5% preferred series A 16 y4 Mar 8% » _ Corp 81% 100 1st Jan 42% 12% 47% 10 ; 13% 38% 8% . Street Ry— Mass High 80 _25 • Ohio & National 6% : 18% 15% Mar Associates- Common ■ 65 —-3; Steel 24% >4.-'4 Eastern 16 -153% 154% 1 43 __ * 10 %vv 15% Low m Baldwin -24% • —5 Trust Century Shares Cities Service 15% - 100 Calumet & Hecla. \/ 100 — Prop Boston & Providence RR !. Bethlehem City t ■ , i w Personal Boston . issued when New RR— 15% V — 10 Chesapeake • Range Since Jan. 1 High Jan _ Mfg Cities Maine Boston & 153% 158 % 43 43% Telephone & Telegraph. —ion _50 Mining American 15% Jan i ,i, —————100 $50 paid 397 High Low 1 38% Mar 310 40 American Airlines 120 - 25 Boston Elevated Railway— 39% 3% __ Shares Stocks- 37% Mar 149% 3,267 37% 38>/2 1 Ridge Corp__ Stamped Range Since Jan. 1 Low 153% 1547/8 . for Week Par Unlisted £1':^Wgh American Tel & Tel i Friday STOCKS - Sales Range of Prices STOCKS Sale Price ;•' . Week's Last Sale Price Friday Boston Stock v' 30 50% 1,454 70% Mar 79% Jan Hastings 11% Jan 14% Jan Hoover 40 11'A Jan 12% Feb Hoskins 50 37% Jan 46 Feb Howell 49 Jan 51 Mar 18 Hudson Manufacturing Ball & Bearing 10 Motor Motors Car .. 19 19 2% : Manufacturing Electric ; 2 —___. 15% 15'A 15% .1 % 5% .12% ■ —... 18% 6 18% 400 167 5% M"r 16 Jan 20 Feb f'?r v., 'Number 4999 Volume 173 .'.The Commercial and Financial Chronicle. . (1403) 35 OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED MARCH 30 " n, , Week's Friday Friday Last Range for Week Sale Price of Prices Shares STOCKS Week's Sales Last Range for Week Sale Price of Prices ShareB Sales STOCKS if Range Since Jan. 1 Range Since Jan. 1 ' ''-1 ' ' V Kaiser-Frazer 1 • ; - — — ——-— Lansing iS Si Stamping LaSalle Co Michigan —— Packard Motor Parke Car 2% Jan 3 3 300 3 3% 800 8% 100 .3 8% 8% . 3% Mar Oil — Raisin Kennecott Jan 3% Jan Kern 8% Mar , Feb 8% Feb Copper Scotten-Dillon Standard McNeil 25% Jan 28 Mar Lincoln Mar Lockheed 320 3% Jan 4 rf? 4Va 4Va 400 3% Jan 4% 5% 6 2,385 * • 49 766 41% Jan 6% Mar Jan 4% 47% 5% —— Mar 49 Jan- 3% 3% 400 3 Jan _• B "9% 1% 450 1% Jan 1% 9% Mar Petroleum 10 — Loew's Los 12% 620 11% Jan 12% Jan Merchants 4% 4% 200 4% Jan 5% Jan Middle 4 100 3% Feb 4% Jan Minnesota 22% 195 19% Jan 25 1 10% 10% 555 10% Feb 10% 1 14% 765 9% 9% 100 9 Va Feb 8% 9% 8% 700 8% Feb 9% Power & 2Va 550 1% Jan 2% v- 2 13 15% Mar Jan . Week's ''V''"'.. . " 8ale Price Shares Low Pacific Dye Radiator American Smelting American Tel 3 Viscose Co 3 y8 300 Steel Armca 2% Edison Oil Armour (111) Co & / • c.—; Feb Pacific 3% Feb Pacific Elec & Gas 1 16 % 845 13% Jan 16 '/a Mar 5%% preferred 5% redeemable preferred 15 858 12% Jan 15% Mar 5% 71 250 1,056 Mar 71 150 % Jan Rights Feb 71 Mar : 38% redeemable a preferred 1st preferred 4.80% Jan 63% Feb 38 % Jan 46% Jan Pacific Petroleums Ltd— Jan 44 y4 Feb Pacific 51 Jan Pacific Western Oil Corp common 11% ' 39 42 y2 Mar 805 i 32 ;;i: 66% Feb 12 y2 Mar 10% 159 176% 68 66% Mar 186 7% Pan 12% 13 350 12% Mar 15% Jan 19% 19 y2 410 19% Mar 24% Jan 3% 3% 3% 7% 1% 17% 7% 1,330 7% a50% a52% 200 1% 325 1*%' a52% a537/a 50% 11%. Mammoth Cons Mining Co—10c 3%c 3%c! 8% 8% 8% ,—2 Corporation-- Diamond Pictures Inc 6% kU Co Jackson Byron a68 Pacific >:*n8difin Products Corp Certain-teed Chrysler Corp * Feb Feb 9 Feb Pure 1% Jan Jan. Oil Gould Savage & Consolidated Edison Co of n y Radio rko Pictures Theatres Feb Jan 9% Feb 53% Jan ' 7% Jan 50 Feb 50 65% 69 Jan Feb Rexall Feb Rheem Mfg .own Zeilerbach Curtis Publishing Wright Class iUn)..x Corp 29 Va 213 24% Jan 31 Corp Jan 61 Mar Jan 29 Va * 250 58 1,365 22 -61 : 25 y2 7 a 17% 51% Jan Seaboard 17% Feb Seaboard Oil 71 Jan 80 y4 Mar 154 84 Jan 90 y2 Mar .436 . 19% Industries Dresser Inc class a Co— Labratories DuMont de auPont Nemours Kodak Eastman & 1 Co Sears Roebuck & Shell Oil 4 (Un)——5 —3 Exeter Oil Co Ltd cliass a_— —1 Farmers & Merchants Natl Bank—100 Fitzsimmons Stores Ltd class a——1 Florida Power & Light Co (Un) • & Share Feb Jan 32% Feb 13 Feb 13% 24% Mar 27% Feb 194 28 29 j/2 Jan Jan Signal Petroleum Co of Calif lnclair Oil Corp 2 Corporation Electric Co (Un) General Foods Corp (Un) 25c Jan Feb Jan 31% Feb 4.32 % Jan 33v2 Jan 4.48% a2% 20 2% Feb 2% Feb 9% 12% 40c Co f) <b (Un)— Goodyear Tire & Rubber Co Hancock Oil Co of California Hotels Hilton Hudson Hunt Motor Foods Corp class a_* —" Corp Oil Honolulu Central rr Co (Un). 100 25c 390 i 49% Jan 8% Jan 75 10% 626 10 54 Feb Railway . Brands Oil Co of Calif sfnewK— 25'/a Standard Oil Co (Ind) (n j) Jan Stone Jan 93% Mar 108 * For footnotes see page 43. 19 Feb Feb - 90% Mar 48 y2 Swift Jan 210 • 12 . 44 y2 Mar Jan & 11% Jan 12% Jan 22 % Jan Texas 137/a Jan 15% Jan 50c Jan 90c Feb 13% Jan 15% Mar 1.70 Jan 2.10 Jan 31v4 31% 19v4 ' 32 Ve 212 65c 316 35 10 311 23 '23 187 .. 295 a20% a20% Jan 9% 325 Jan Feb 10 Feb Jan 315 23 Mar 54% 1,151 . a44% a46 259 51% 52% 1,913 20% Mar, 23 Vo 49% Jan 44 % Mar 46% 46% Jan 52% Mar Jan 19 Jan 130 .. . .. ... 48% Feb Jan 74 Feb 80 517 201 15% Jan 66% 437 * 11. 200 44 110 a3%- 15% 17 126 a44% a44% a48% a48% Mar 175 18% a71% a73% - . it - 185 Jan 4% Feb Jan 2% 49 56% Feb Mar Jan 12 '/a 239 Jan Feb 14% Jan 17 Feb 50 v, a55% a55% 56 Jan 66% 18 Va 18% 478 16 Jan 20 Feb 25 650 18 % Jan 28 Mar a60% a62% . 230 3%c ■ . . a50 3%c 1,000 -9% 9% 800 2.25 ■ Jan 19% Mar 32 Va Jan 34% Mar Va Mar 40 31% Mar 32% 100 26% Mar 28 100 26 Va Mar 28% 61 Va 53%, 9 23 23 a48% a49y8 8% 8% 300 55 61% Mar - 40 61 % 53 v4 8% 5% 27 % Mar Mar Feb Mar 28% Jan „ Feb 53 % Mar 9% Jan (Mar 8% Mar 51% Jan 4v4 100 1,414 Feb 23 45 % Mar 68 Jan Jan 8% Mar 7 Mar 28% a42j/4 10% Mar 12% Feb 23 935 21% 25 Feb 667 20 Mar 26% Jan Jan <12% Jan 145 61 % Mar 68 v4 Jan a23% a24»/a 28% 29Va a23y2 765' 20 21% al0% al0% a6iy4 a6iy2 . aloy4 189 23% Jan 24% 300 26% Jan 30 3% Jan 9% 160 50 43 Va Mar 270 a42y4 a43 46% 46% 19 20 3% 3Va a4 a4 y ;; Jan 7% 23 200 11% Mar 50 288 1,900 6 11v4 22 Va __ — 46% Mar 16% 1,693 Feb % Mar 46% Feb 54% * Jan 3% Mar 1,520 — 87 %c 5iy8 — 50% 9% 3% 40 Feb 21 ; -«Mar 4% Feb 5% Feb 48% Feb 37% > Jan 41% Mar 494 42 42 33% 35 7 v4. 7 v4 32% 32% 80c87%c — (Un) Sulphur Co (Un) Incorporated common Tidewater Assoc Oil Co (Un) Transamerica Corporation Trans — — 18%; , 20% 1,373 Jan 620 7 100 28 Jan 55c • Jan Jan 1,900 5iy8 871 Feb 1,230 9 vb mar 8% Feb 32% Mar 1.00 Feb 57 Va Feb 10% 50% Mar 9% 35% 11% Jan 35% Mar 195 696 — a54'/2 — 68 17% 150 79Va 54 Va a54% a55y8 5c 6c 67 68 ,• Jan 150 220 a37% a38y2 12% 12% a34% a34% 18% 18% 79Va 54% — Jan 13% Mar 79 Va Mar 387 ■ 38% Mar 40% 73 2,000 • a 52% 54 % 4c 1,597 63 1,700 .16c - Jan Jan ; 19% Jan Feb 79% Mar v 57% 56% Feb Feb Feb 8c Feb 82% Jan Jan 30c Jan Feb Feb Mar - 20c 20c 37% 37 Va 827 34 % Jan 38% 26 Va 33% 45 Va 678 25% Jan 28% 1,973 33% Jan — — — 26'/4 33 Va 45 Va 33 Va 45 mz 32 24 — 52 — 62% Mar Jan 25 28% Feb 509 28% Mar 29% Feb 200 32% Mar 33 % 590 31% Jan 15 Jan 24 270 11v4 Jan 12 Va 922 63% Mar 73% Feb 240 51% 60 Va Feb 112 23% 1,883 24 11%,'11% 64% 65 — 46 552 20 lA — — ! 52 a23%a23% — .1- Mar Jan t — — 1 25 Coal Co — Twentieth Century-Fox Film (Un) — 27Va Carbide Union — Mar 11% Jan 2.30 302 2.20 Mar 2.75 Feb 221 34% Mar 39% Jan 280 527/8 Jan 53% Mar 475 13% Jan 18% Mar Feb Mar 48 Mar 63% Jan 65 Jan 92 Jan 44 104% Feb 15 19% Jan 24% 29% Jan 35 Va Mar 2,969 17% Jan 21% Feb 225 30% Jan 36 Va Feb 37% Feb Feb 119 16% 21% -- 24% Jan 29% Mar 103 28 % 36% Mar 512 84 Jan 93 Va 41 250 20% 21% 32% 32/a 16% 16% _24 25-,4 al5 /4 al6 /« 21v4 21 % „ Oil & Carbon Corp Feb 91% Mar 95 Va Mar 18% 23 Va Mar Jan 37% Jan 3,127 16 Va Jan 20% Jan 362 23% Jan 27% Jan 275 v 32 Mar a— 13 a__ 320 21 Jan 24 Va 316, - 54% Mar 58% 54% 54% 35 35% al00% al01% — 35% 35% — 28 29% 20% 20% — 20 20 a53% a53% a55 — 41 42% 80 78 80 >— 10 10 A — 1,542 35 Co of Calif common Railroad Co (Un) Aircraft Corp (Un) Air Lines Inc (Un) Union Pacific Van de Warner Kamp's Bros Hoi-Dutch Pictures 164 — 265 Lines Tel (Un) Inc Feb : Co (Un) 34% 14 11% - a25% a257« 14 14 a41% a41% 38% 1 1 38 38 /8 — a9% a9% r 45Va 45Va . Feb Jan 29 % Mar Jan 22 Va 18% Jan 21% 171 ., 52% Jan 58% Feb 47 Va Jan Feb Feb 2,027 63 Jan 215 10 Mar 12 Feb 240 , Mar 369 . 41 14 Mar 14 % Jan 86% Mar ... 150 11% Mar 13 % Feb 50 - 25% Mar 28 Feb 100 12 1,092 34% 30 10 132 44 97,500 205 Jan 14% Mar Jan 30 — 17c 67% Feb 40 23% — 12c 67% Jan 20 — 17c 67% Feb >.— 345 . 14 11% 39% a— 114 a25% 4 Elec Corp (Un) 12.50 Willys-Overland Motors Inc (Un) 1 Woolworth (f w) Co (Un) 10 Zenda Gold Mining Co 10c Zenith Radio Corp (Un) • Westinghouse 14 — Jan 562 — r 0 1 —• 34% a__ , Bake—* Inc.(Un) Kentucky Coal Co Union 5c Jan Jan 494 a89%a91% a947/a a95% a91% — (Un)_* 25 50 United 5 United 10 United Gas Corp (Un) —10 United Param't Theatres com (Un)_l United States Rubber Co (Un) 10 United States Steel Corp * Universal Consolidated Oil Co 10 Universal Pictures Co Inc (Un) 1 Union Western Jan 9% Feb ~f Air 2c 25% Jan Mar . — ? 34% 350 18% 19% 31% 31% a34%a34,8 — 25 * 50c 10 2 Jan . 253 2,753 44% 45% a59% a60% 100% 103% a23 a23 33 33 — a60% 103% Feb 35 % Mar 45% Mar 20 25 26'/4 28% , 29 32% 32%. 32 32% 25 5 5 Inc Airlines World Western a34 a34% 16% a38y8 * (Un) Company 68% Mar a49 % a51 % 15% Jan 16% 1,189-. Jari' 185 24% a61% Feb 48% - 79,881 56% Mar Jan * 24%. 32% 46 V4 Mar 100 V Jan 124 - % 3*2 a30% a30% 26% 26% a26V4 a26j/4 26Vb 26Vb — 25 Textron 316 , Feb 595 3,200 19 y4 — 1 common Texas Gulf 500 9% -♦ Jan 1.80 Feb 19% 10 200 8c 14 v2 32 32 a43V2 a44V4 34 • (Un) Electric Prod 50 316 :il 19 Va Mar 1.70 8% 25 (Un) Company 328 170 , 14%-65c a3% - 2,180* 14 Vb — (Un) (Un) Webster Inc Studebaker Corporation 83% 273 a90 a 3% Mar 37% — l.—25 Sunray Oil Corporation 4%% preferred b 19 18% 26c 19% — (Un) Jan Jan 44% & Inc Mar 23% 14% 54 Feb Jan Jan * Standard Standard 140 a20% a20% "(Un) _* 7.50 (Un)_j\ Jan Feb 20% Mar - Jan 29 26 Va 32 % - Mar Jan 200 44% a20% Jan 18% Mar • Company^ 26% 9% 860 12 27 Jan 15% Mar 2b 25 12 ; 21 14% 22% 140 „ --—25 preferred preferred 10% Mar 17% a87% 14% Jan 150 % Feb 12% 17% a88% 40 4% 19 -< 550 — Southern 20% 10 Petroleum 340 Jan 15% 31% Jan 2iy8 Jan 51 y4 20% 9% Intercoast 20 v4 2.35 18V2 Southern Calif Gas Co 6v% West Illinois 120 15% • Standard Oil Co 5 6.66% 15 3% Feb 20,500 „ Jan 10% a93 % a97% 96% —12.50 Car Co- Inc 51% Mar a49 Feb Mar 23c a44'/4 11% 100 a23% a23% a * 1 Jan __ 32% 12% '/a9 a 72% Goodrich (Un} 42 1.75 Jan 32 y4 51 tiommon_* Graham-Paige Corp (Un)—. " Great Northern Ry Co (Un) pfd • Greyhound Corp (Un) —3 Utilities Public General 73% 19c preferred_25 6% class a preferredV 25 Southern Calif Petroleum xCorp 2 Southern Co 5 Southern Pacific Companyx • 17% Mar 175 9% a9 a45 % 1 24 Jan a32 a32% 9% Mar 185 18 10% • common Jan 65 21 -1 Original preferred 30 y4 21% a34% a34% • 5 —5 * Corp Motors General 21 Va 18Va Bocony-Vacuum Oil Co Inc (Un) 15 Southern Calif Edison Co Ltd com—25 609 800 25c " Garrett 253 415 Feb Truax-Traer General 24 a27 ♦ Signal Oil & Gas Co class a_ 205 18 Co Radio & Phonograph 1 23% 2 Va Jan ;19'/8 25c Corp 378 Products Corp Bond Electric Emerton — 26 Jan Trading Sylvania Electrical Company Company Sierra 31 - 50c 10c 5 10 2% __ (Un)—_* • 15 Feb 26 % 284 . Co of Delaware 28% a • Feb 23c 1 Co Finance 6 4% Jan 1,394 Industries Jan 713 78% Schenley Mar 24% 25c :—1 — Aircraft Co Inc— Douglas Feb a26% 5 5 1.40 Safeway Stores Inc Regis Paper Co (Un)_ St Feb a2% (Un)—1 common Feb 31% 31 Va Mar Mar Corporation 26% io % 19% 19% 1 Ryan Aeronautical Company 30% 25c (The) * (Un).— Co Jan 30 20 y4 • Richfield a29 a30y2 a30% (Un)——* (un)» —1 Creameries of America ln<j— 1 1.15 a2'/4 3% 1 Oil Co Oil Feb Jan 13% al3% Corp Motors Rice Ranch Feb Co 11% a25% a26y8 Co Power ontinental Jan 18% 70 a49 1 Inc Drug 18% 20% 24% Mg__l (Un)—* Jan 70c 100 „ * 1 jl50 & Gas Company Jan 9% Mar ■A.-- Consumers Oil Reserve — 16 20 % Engineering Corp 1 Consolidated Liquidating Corp * Consol Vultee Aircraft Corp (Un)——1 Feb 4 31 y2 __ • 1 1 Corporation (Un) Steel Republic Feb Corp 355 49. a Feb 2.00 a67)/4 a69% __ *: * ;— 2.645 5% 20% a25% 17% 31'/2 a2y4 23% 50 33Vhc 25 3 —• America (Un) Corp (Un) 17 15 Consolidated ■ of Corp 10% ; 161 78% Gas Chollar Cons 100 Jan 2% Mar Jan 315 i System Inc (Un)—„—* Commercial Solvents' Corp (Un) * Commonwealth Edison Co (Un) _25 75c 75c al8% al8% 23 - (Un) Company Jan 4c 5 , -100 . 59 v2 Jan 15% 42 135 a68% ,••5% 1 20 Preferred 2,210 a84% a86% —10 Mar 349 Jan 1,200 __ 1 Corp Puget Sound Pulp & Timber Co Pullman Incorporated (Un) Mar Feb .16% —25 :— Feb Feb 28% Jan 13% 1,400 3 — Philco 59% Feb 11% Jan a46% a47% 1 — Clary Multiplier Corp Colorado Fuel & Iron Corp common— Columbia 24% »—* — (Un) Cities Service Co ' 61 25 (Un)__ Tractor Co Caterpillar 29% 24 % (Un) Co Rv A 6%. 9% 16% *—* .Corp 1.65 2% ' 9% 167/a * — Packing California -6 a49% a50% Borg-Warner- Corp (Un)—i.——-^-8 Broadway Department Store Inc 10 Budd Co (Un) " * : Mar 9uc 1.55 (Un)—1 (Un) 4% 7% 1,000 1.644 orv.' 150 48% 48% Airplane Co (Un) —,—5 Bolsa Chica Oil Corporation..:—, 1 Borden Co (un)—.—— i 15 Boeing 50 al7>/4 al7y4 — • (Un) Airways Pennsylvania rr Co (Un) Pepsi-Cola Co (Un) Phelps Dodge Corp (Un) 3c 100 y — Car Co World rko Black 344 __ —* 10 10 pfd 23% Jan 51v2 Mar 168 , Jan 3% Mar 3,605 ;®i." 250 a20% a21% 11% — 26 10 __ 1 Co (Un) American Paramount 8% Mar 1,435 Service Motor Packard Feb 8% Public Preferred Jan mar 8 8 Va —2 : 855 349 1.55 10 • 60% 270 52% 27 349 157% Mar 40 1,025 66% a 26 __ —. 920 38% 43% •' 26 —25 ——25 25 —25 Indemnity Company Pacific Lighting Corp common 11 % Benguet Consolidated Mining' (Un) -50c Bethlehem Steel Corp (Un) • Blue 18% -25 common 65% Mar 6 <Un>.:—< Corp Bishop Oil Co Jan 10 Calif 47 al57% al58% 1-10 20c Corporation— Aviation 16 % 8 ♦ (Un) Jan 43 13 100 1 Co of Calif Oil aendi* 251 10 (Un) Corp of Finance 29% Jan Company Jan 5 (Un) Bandini Petroleum Co Basin i6v2 1 59% 10 Corp Ohio rr Co Barker Bros Feb 16'/a „ • 43% a38% a39% a39 iun;__30 (un)_. Baldwin-Lima-Hamilton & 42% (Un)_100 Co 125 • Topeka & Santa Fe Baltimore Mar 1 lUnt 153'/a 153 % „ (Un)_100 Atlantic Refining Co- (Un)—: -25 avco Manufacturing Corp (Un) 3 Atchison 34 1 Inc Company High Jan 24 Inc 14% 25 Mining co (Un)— Corp 440 5 (Un)— Railway 352 a60% a60Va (UnV (Un)_ Co Copper ouai.ouua 34 v4 Co—-1 Limited 71 (Un»_<" 100 (Un)„ Corp Woolen Ameircan Feb 34 __ • Pacific American 1.20 uorp (Un)__♦, (Uni-r.———• a63 .i_ . (Un) Dev 15% (Un)—• Co Refining & Tel & Jan • a43 a44% a43% • —1 (Un) San 337 • Corp (Dn) Inc St & 26 10 Gold Mining Airlines American Amer 97 %c 1 Co Ohio Range Since Jan. 1 Low 25% — rr Aircraft Oil Oceanic High a63 1 2— Allis-Chalmers Mfg Co • 2,420 Co (Un)—» (Un) Aviation Amer Northrop for Week of Prices Last Par & Feb 1.00 97'/ac al8% Prod Central Ohio TV' Juneau Feb 97v2c , ♦ (Un) & Corp Corporation Northern Sales Range Friday Chemical Feb 10% Inc (Un) North American Co Angeles Stock Exchange stocks4 Allied 66 Jan 75c Mining Distillers York North Los Alaska Jan 8% 1 Corp Co Nash-Kelvinator Nordon Corp 58 »/a 862 3 Oil Diablo Mt Feb 10 New Admiral Feb •100 9% 1 Motorola Inc Jan - Products ■: 77% 9 __ 1 Co Light Pictures Power National . Jan Jan 8% Screw 75% 41% Company- South Utilities Montana Feb 14% 14% 1 Wayne Jan 160 Jan 1 Petroleum Monogram Mar (Un) Company Jan 10% 5 States Radiator common- United 16% 34% 20 —100 Investment Co Manufacturing Menasco 7% 22% Distributors——. Shirt Jan Feb 225 • Oil Co Mascot 12% <— —. — Jan 3,470 1 . Corporation Udylite a74 16% a38% a39% 1 Angels Biltmore Hotel Co Los Angeles 9% 4% 1 common. Corp Montgomery Ward & Co inc United a73 Feb 8% a39% 10c (Un) Inc 9% 1 — -. Timken-Detroit Axle Edison 167 29c a59% a61'/a 7 Co Aircraft 4 5 1 < Superior Tool & Die Toledo 16% High Jan Mar a60% 1 (Un) 7 __ 5 Libby 7c 1,867 3% Mar 1% 2 class & 2,000 7% 16% __ • County Land Co 104 4 *> common- Tube (Un) Corp Low 17c 7 __ 8.75 (Un) High 17c 17c x Lane-Wells Company 2% 3% Products Paper : 3% 28 28 t — lHW)&Co River Corp Kansas Power & Light Co Magnavox Rickel ——10c Company Mar 1 t Metal Peninsular 100 Kaiser-Frazer Low ... __i_ Davis 3% Jade Feb 39 Jan 3 10 Welding Stamping 36% 3 Va 5 National 465 Jan 8% 5% !Mar 38% Libby ;; Electric 425 7 Par High 38% 1 Wheel National Low High 5% • ' preferred v Motor 5% __ 2 Sugar Low 1 ———1 Products Screw Masco 1 10 Wines Kresge \' Par A . 8c 54 44 % Jan 38% Mar Mar 12 Feb Jan 45% Jan Jan 17c Mar Jan 67% Jan Feb 66 r The Commercial and Financial Chronicle (1404) . . Monday, April 2, 1951 . ) sfOCK OTHER EXCHANGES RANGE FOR WLEK ENDED MARCH 30 Friday Week'®' Sales Last Rang* for Week Sale Price ' of Prices STOCKS DAYTON & GERNON 'f: ' Par Halllcrafters 105 SO. LA SALLE ST. CHICAGO 3, ILL. Hammond ■ -j Midwest Stock Exchange SECURITIES Illinois MADISON 10 —1 25 1 5 Corp Hupp Corporation ttuttig Sash & Door common Hydraulic Press Brick $6 pfd Chicago Board of Trade MIDWESTERN LISTED AND UNLISTED MINNEAPOLIS —1 Co Heilt-man (G) Brewing Co Hlbbaid Spencer Bartlett Members: < Instrument Harnischfeger Telephone Central 6-0780 LaCROSSE Brick Co Steel Indiana Products Inland — • Midwest Stock Exchange A compilation of Friday STOCKS Acme ] Laboratories Steel Adams 46 10 29 29 Advanced Alurn Castings Affiliated Gas Equipment Akron Brass Allied Rad American Tel Anaconda & Armour & Co Tel 19 550 11% 1,500 9 Jan 4% 4% 100 4 Jan San 4 900 3% Feb 4% 8% Jan 11% Mar Co 35 35% 750 15% 16% 2,300 13 Jan 19% 19% 1,000 18 Jan 19% Mar 14% Mining (Un) 700 5 150 15% Mar Jan 158 % Jan Feb Feb 38% 40 1,100 38% Mar 44% 43% 900 42% Mar 11% 1,200 10% Feb 12% Jan 1% 150 1% Jan 1% Feb 29 Va 300 27% Jan 32% Feb 1% — 29% — .: 7% 8% 7% 200 6% Jan 8% Jan 8 — 8% 2,000 7% Jan 8% Mar Belden Mfg Co Aviation ' Bendix Berghoff * 5 Brewing Corp Corp 48 20 20%, 51 51 v_ • -1 (Un) 47% 20% 10 ;r ————.— Bethlehem Steel 47 % 450 1,000 17% 200 51 50 Jan 6% 6% 7% 2,450 4 % 53% 800 49% Jan 1 —16 16 %-• Booth 5 12% 12'A Corp (George W) Corp— Brach & Sons (E —1 150 1 Budd • Co (Un) Burkhart (F) Manufacturing Burton-Dixie Corp Butler Bros common 8 Pacific (Un). Carr-Consolidated Biscuit 18 20 48 50 Jan 14% Jan 250 17 Jan 12% Mar Jan 20 - Central Brewing & South 15% 48 Mar 12% 12% 100 11% Jan 13% Feb 17 17% 400 16% Jan 18% Jan 36 36 200 28 Jan 39 Feb 20 Corp Corp_: 19% 19% 13% 13% 200 12% Jan 24% 24% 25 700 21% Jan 3% — 50c . West Vir'A.?: ■' 50 18%* Jan Illinois Central 111 Light Secur 3% • 3% Co Corp 3% 1 Chicago Rock Island Chicago Towel Convertible Chrysler Cities Co & Pacific —25 33 Jan Ry—* — * 500 33% 52 116 1 (Un) (Un) ; 1 52 La Salle Lamson - $2.50 Kodak Libby McNeil & Libby Printing Co common.. Lindsay Lt & Chem common Lonergan Mfg Marshall Eddy Paper Corp (The) Electric Controller & Mills of .^'General General Inc Electric Co Finance Corp (Un) Utilities General Motors Gibson 1 Corp Missouri Portland Refrigerator Co Gillette Safety Razor Co (Un) Jan 116 Mar Gossard Co (W H) Greyhound Corp (Un) Brewery see page 43. 32% 1,000 26 14 51 51 Mar 300 12% 100 Muter Company 14% New 55 1,200 13% 18% Mar 26% 1,000 25% Jan Jan 27% & 1,200 21% Mar 23% Jan 1,500 25 Mar 31% Jan 24% 1.400 24 Mar 6% 6% 42% 42% 4% 350 5 400 5 35% 7% (Un) 43% Mar 4% Feb 9 4% Mar 5% Jan 500 15% Mar 17% Feb 7% 1,900 16% 600 16 16% 900 37% 16% 100 16% 7% 37% 9 ■; 7 15 * 9% Jan 14% 43' Jan Jan 7% Mar 17% 1,200 8% 40 Jan 10% 21 250 19 Jan 23 Feb 71 100 63 Jan 80 Mar 3 Feb 4% 3% 4% 2,100 31% 31% 300 31% Mar 38% Feb * 38% 38% 39% 350 38% Mar 43 Jan 6% 6% 100 18% 18% 900 5% 1,900 18% 5 5 6 4% Mar Jan 7% 18% Mar 5 6% Jan 16% Mar 17% Jan 16% 25 27 27 150 23% 37 27 16% 37% 250 36% 2% 30 2% — . 70 68% 70 48% 48% 50% 22 150 22 2 Jan 28% Mar Jan 38% Mar Mar 4 Co 10 64% 200 40% Jan 51 Mar 20 Feb 23 Jan (Un) Car Jan 74% Feb 9% 20% 20% 17 13 36 36'A 6% (Un) Corp 1 ; Mfg 27% Jan 29% Mar 34% Mar 40 Feb 11% 17% Mar *30% 21 700 100 Mar 9 27% Mar Jan 35% Mar 10% Mar 7% 12% Jan Stock Ohio Edison Oil Ohio 1 Coal Co conv prior 50 200 Xl0% 10% 8,800 10 Feb 10% Mar 33'A 33% 500 29 % Jan 34 14% 14% 5,150 13% Jan 16% 14% 1% 2 (Un) Co Potter • 87% 200 79 Va Jan 92% Feb 18% 800 15% Jan 19 82 % Jan 300 43% 300 Steel Process 43% Mar . Mar 91% Mar 48% Jan Mar 20% 21 800 19% Jan 24 % 15% 15% 100 14% Jan 16% Feb 12 12 150 Oil Co 11% Jan 13 43% Mar 49% Feb 300 6 2,700 ■ 11% 500 10% Mar 12% 22% 22% 300 21% Jan 25% 8% 8% 1,100 8% Mar 10% Jan 200 21% Mar 25% Jan 20% Mar 26% Feb Rlchman 20% 21% 2,700 10% 10% 900 14 14 100 14 Mar 13% 13% 50 10 Jan 14% Feb 13% 13% 200 13% Jan 16% (Un) • Corp Sears Roebuck Co Signode Bhellmar 18 18 100 14 Jan 18 53% 54% 800 49% Jan 56% Mar 6% 6% 500 6, Jan 51% 52% 3,400 18% 19 Jan i. ;Ui': 2 %"f.h>'r.600 12% 14 V 4% Mar ■ '27% Cf'fl flf* •• »/- i'1u' 34- 4 2,300 3% ' ' Jan 3% Mar 4% 400 10% 100 10% Mar 16% 17% 400 14% 41 42% 1,700 7% 1,000 7 Jan 42% 500 41 Mar 2,600 3% Feb 30- Feb Feb .• Jan . 16% 600 Jan 5 Jan loo Jan Jan Mar 54% Jan 46% 50C 10% 50c 81 16% 7% • Jan -47: 21 Feb Mar 4% 5% 12 Jan Feb Jan 42 Jan 41 % Mar 500 Feb Feb 52% Mar 8% 8% 42'A 150- 36 Jan 44 Mar 15% 16% 200 12 Jan 17 Mar 54% Jan 57% Feb 7% Ja n 12% 15 55% 800 51% 12% 200 12% Mar 13 15% 50 13% 16% Feb Southern Jan 54 100 35 9,900 19% 20 600 19% Mar Southern Indiana 10Va 700 9% Jan 11% Feb Southern Pacific 100 24% Jan 30% Feb 33% Spiegel 33% 200 28% Jan 36% Feb 72 Standard 71 % 72 200 38% 1,500 34% Jan 6% 600 5% Mar 26% 26 26% 3,400 11% 11% 600 11% Jan 12% Jan 400 74% 20% Jan Standard Oil 21 100 19% Jan 64% Mar 12% 100 12 Jan 14% Feb -1 16 16 15% Jan 16% Feb .25 60% 60% 66 Feb (Un) 0a). 25 (N J) 700 2% Jan Standard Oil Co 11% Jan 4% 13 Feb 300 Feb Standard 17 17% 550 15 Va Jan 19% Feb Sterling Feb Stewart-Warner Corp Corp 1 12% 102% 5 Stone 300 .13% Jan 19% 11% 400 11 Jan 25 Va 250 19. 12% Jan 25 Va Mar Feb 64% 3 Va 18% 28% 20% na% 25 % Jan 12% 11% 17% Jan 6"% 64% 3 "A UYb 25% 39% Feb Indiana.. Indiana Standard Oil of 12% Feb 36% • Forgings Corp 10% Jan Mar x5% ,_2 2 78% Mar Jan 38 21 6% Gas 81 Elec Co Inc 65% Jan 58% Jan 37% 11% 28% Mar 26% Jan 17 II Co 9% 54 Feb .15 :— (Un) 54 32% 20 Society Brand Clothes Inc Feb 12% 34 Corp 10 15% 1 Socony Vacuum Oil Feb 49% Feb 42% • Co Steel Strapping Oil Corp Sinclair Feb 8% 8% com—10 Prod %-Mar 49% 42'A 1 Co of St 7% • Co Louis Co ' • Service A com 28% 33% Mar 20%" 3% • 2% — Shell Oil Co 3% Feb . 9% Jan 9% Jan 250 37 19% 19% 5 class B common Inv Serrick Corp 7% Mar 11% 47% 37 1 — Co Sangamo Electric 2% 11% '5 29 46% 47% 1 Corp St Louis Public 600 Jan 5 29 • • •Schwitzer-Cummins 700 17 Feb 22 5 Bros 8 6% Feb 21% 22 —* f— (Un) (Un) Republic Steel Corp (Un) Rexall Drug (Un) 2% Jan 6% Mar 1 Co Manufacturing 2% 46% Jan 11 '10 7% Jan 4% 1 Car Corp of America 8 ' Jan Jan 45 if/j, — % 3% 32% 50 Quaker Oats Co Securities 25 Jan Jan 5% 2.50 Corp Pure Jan 1% 30% 33%c (The) Pressed Mar Jan Mar "... Feb 5 25 —; Remington Rand 89'A Feb Jan 9% —1 preferred Theatres 5% 152 — 18% 19 1,200 32% 43% 6% Airways (Un)_2% (Un) common Corp Raytheon Jan 145 — Mar 16 17% Jan 8% Mar 7,000 32 8 (Un) Co Circle R-K-O 4% Jan 17%. Feb 1,600 rl% warrants Paramount Pictures 12% Feb 31 700 Jan __ 19 8% 10% Pan American World 35% Mar 10% 100 4% 43% • 15% Mar 17% • — Peabody Jan 850 32% 87% 3% Jan 200 Feb 18% 8: *i. Jan 11 17% 10 6% 26% 17% (Minn) (Un) —* Car Motor Pictures : 28% 36% Mar Jan 19% Mar 18% 8% (Un) Packard R-K-O 87Va • Jan 4% Feb 2,000 Jan 4% — 32 500 Feb Mar 15% 18% Co_ 9% Mar 10% 52 17 16 Va Feb 49 Feb 32% 3 22% Mar Mar 15% Jan 6% 150 6% Jan 17 13 k 15% 10 Pennsylvania RR Mar Jan v 100 9% Mar 21 10 Co purchase Pepsi-Cola < Jan 15% 18% 50 : Jan 19% —* Bancorporation 14 Feb 31 — 7% 600 17 iV'/ 36 Corp 33% Mar 94 25% Feb 32% __ 550 19% Co Illinois 75 13 mm 1 RR American Jan 8% Feb 8,400 8% -*• mm American 5% 10% Feb 19% Mar Mar Jan 8% Feb 31% 1 North 46% .10% - Feb 70% 5 North Jan 11 Feb 19 % Mar 37% Mar 20% 20 % 2 Aviation 42% 600 Jan Jan Jan 4 16% Corp American 200 V Mar 15% 7% mrnrnm North 46 4,190 Feb Jan 18 5% Jan . Jan 13 22% Jan 14% Jan 100 4% 26 9% Mar 20 2,200 • Mfg Feb 29% Jan 21% Cooker York Central 90 Jan 100 17% Jan 49% Mar 16% 26% 50c Corp Jan 700 — Jan 21% * *«,«., Mar 34 __ Feb 28% Mar Jan 25% 25% * 22 82% 114 2 37% 1,000 28% 3 87 119% • i A 300 5 3 Jan 34% 26% 14 Specialties— Motor 3,700 18 • Greif Bros Cooperage class A 33% 26% 1 Inc class 23% 80% Mar 34 " . For footnotes Conv 87% Jan 4 • f •Motorola 200 69% 46 __ Western Feb 135 Great Lakes Dredge Si Dock Jan 1 Montgomery Ward 81 Co Radio 1 Griesedieck 59% 33% 10% * 41 25% » common Northwest 138 Graham-Paige Corp (Un) Gray Drug Stores Inc Co Northern States Power 135 Goodyear Tire & Rubber Co Feb Jan 50 Feb 45 % __ • 61% 39 * 87% 29 1 new 51% Mar 4 Cement Chemical Feb 138 Glidden Co . Mfg Co Monroe Fed ...17% 3 Public Utilities Co Co 16% 115 2,000 ■ 300 « 300 40 1 common c Minneapolis Brewing Perfect __ General /' 38% 12% Jan • common 53% 40 - ' Inc 29% 30% 5 General ; South 78% 1,300 1 Corp General Feb 20 116 9% 10 51% _* Cement Jan 300 5 Box Corporation Candy 3% 25% Feb Mar 35% 1 America Feb * Four-Wheel Drive Auto • Portland Metropolitan Brick Jan 900 • Falstaff Brewing Corp Flour 51% • Co_ & Tile • Mfg Railroad 30% Mar Feb 21% 1 class B_ Field Standard 101 9% • 28% 7 Lincoln National Jan 33% 10 700 Feb 25% * 12% 32% ; (Un) 30% _* •'/' •' y Mar 9% 5 30 10 preferred 22 % 13% ■ Eastman Co Leath & Co common National " 91 34'A 5 30.» —5 Public Service of Indiana common Dow Chemical Co ,_lfl Du Mont Lab Inc (Allen B) class A_10o du Pont (E I) de Nemours Erie Sessions & Jan 34 1 Jan 5 Jan 33% 10 (Un) University (Un) Pressure — 5 Corp class A r - Mar 13% 17% 1 Feb 11% 4 Co Container 52 ,25 (Un) Light & Extension Gas National 100 1 Detroit & Cleveland Nav (Un) Dodge Manufacturing Corp Doehler-Jarvis Corp Finance 33 32% 20 Crane • Laclede-Christy Co Feb 100 100% '/■ 4.' < Container Corp of America Continental Motors Corp 20 10 Laclede Feb 35 Jan 45% 29 • 13 6% 22 313% 50 Consumers Power Jan Mar. -8% Jan -1 10 Nash-Kelvinator 15% Mar Jan — 23 10 18 4P0 33%c 5% ;• ' Jan — • Commonwealth Edison 600 750 10% 18 87% — — Clinton Foods Inc 12%. 19% 10 16% 86% • 11% 18- 10% 16% 77 1 Cleveland Elec Ilium Co„ Domestic 2 22% 1,300 200 100 — 100 common Company Curtiss-Wright Corp 32% 250 800 10 preferred Consolidated Vultee Aircraft Consumers Co preferred 3% 25 14 52 * I Columbia Gas System • 27 23 Iron 400 14 — Jan -Feb 18 com—* Oak preferred Cliffs 34 x22% — • common Service Co 4% % 3% 25 : 1 4% 10 (Un) Switchboard Si Supply Northern Corp Cleveland 3% * Chesapeake & Ohio (Un) Chicago Corp common Chicago Milw St Paul & Pac Ry 35 150 15% Jan 13% 14% 33% common 27% Mar Jan 3% Mar 800 3% Jan 750 800 : 3% 300 ; 3% 3% 14% -5 Convertible preferred Feb 28% 10 29% - .. Central 23% 125 Feb — 13% 1 100 300 Mar 53% Mar i . Centlivre r Mar V — 25 3% 21% National Canadian Feb 34 10 Muskegon . Feb 44% Jan Feb 60 • 17 *——10 27% 27% 24 Middle — 8 —12.50 Feb 25% Mar 3% 21 Miller 81 Hart v t Feb 10% 1,150 1,450 — * Brown & Bigelow 12 18% 10 J) Feb -.-34% Jan 33% 24 Modine Fisheries Feb . 38 V2 ■n 108 21 20% Mar Jan 52% Mar Elec (Un) & Light 59% Jan Mar %53% , * Binks Manufacturing Co Borg 37 Gas & City Power Co Medusa Eastian-Blessing Co 42 8% 20% - . .. xl5% Drug 51% Jan 11 11% Manufacturing Co.—_______ 1 Ashland Oil & Refining Co common—1 Athey Products Corp 4 Avco Mfg Corp— 3 12% 40% Feb Mar 43 — Asbestos 35 2,500 39% 50 10 common 15% 153% 154% 154 1,100 » 27% 7.50 Kropp Forge Co 16% Mar 19% 100 26% High Jan .Mar 3% (Un) Knapp Monarch Co Koppers Co Inc Jan 15% & Laughlin Steel Corp Kellogg Feb 35 (Un)—* 28% • 1 Katz 4 % Mar 3% — 7% 10% 10% — 200 7% 27% .15 (Un) Tel 33% 41 -- 19 25% — 550 33 • Chemical—5 Low 7,550 19% Keiley Island Lime Si Transport—;—• Feb 7 81 Kansas Jan 29 * - (Un) (111) 33% Jan Jan Jan Jan 1 Stand Copper Armco Steel Co 27% 16 23% 15 • (111) Power Mar 46 7% — 1 (Un) & 400 50c Laboratories American Invest Co American 18 26% Mar 42 200 18 26 1 Mfg (Un) American Airlines % 18 26 % 5 Alleghany Corp •''WV 400 • Mfg Co Illinois Iowa High Low Jones 44 Corp Paper Tel Iowa Range Since Jan. 1 High 1 D) (J Admiral Ltd— International Shares Low 5 Co & Packers, International of Prices Sale Price Minerals International Rang* Since Jan. 1 * 8% for Week Last Par Abbott International Sales Week's Range 1 Harvester * High 19 19% ♦ Co International the round-lot transactions only. III*- —: Steamship '■ — —— 1 —I— Steel 7% 10 — Co Indianapolis Power & Light— Interlake 8 —50 - Independent Pneumatic Tool- EAU CLAIRE Low 1 Co Shares (Ohio) 102% 103 1,400 300 59% Mar 400 90% Jan 21% Mar Feb 105% Mar 10 33% 34% 700 33% Mar 38 (Un) 1 22% 22% 200 22 24% Feb Aluminum Products 5 15 Steel Spring Container Studebaker Corp (Un) common —1 15% 350 17% 101 17% 200 10 % 10% 500 31% 32 % 500 * 14 Jan Mar Feb 15% Jan 15% ' Jan 19 Feb 9% Jan 12 Jan Jan 35 % Mar 28% - Volume 173 Number 4999 The Commercial and Financial Chronicle ' t (1405), OTHER STOCK EXCHANGES, RANGE FOR WEEK ENDED Friday Week's Last Range for Week Sale Price of Prices STOCKS Par Sunbeam Sundstrand Machine 1—5 Corp (Un) Tool, (The) Utilities Co Trans 208 So Union U Dorn Iron Bros Wieboldt Mar Corp Jan Jan 8474 94% 27 2,400 25% Mar 2774 Abbott Laboratories 300 3474 Mar 4074 Jan 23 400 19% Jan 25 Mar 32 34 600 26% Jan 35 Mar 2574 300 23 Mar 4% 3,300 4 Jan • 19 (Un) 1 (Un) Inc Corp .12% _ Industries Publishing Yates-American 12% Jan 1,450 10% Mar 200 39 11% 1,300 3474 Jan 39 50 15% Feb 9% 200 9% Mar &; 1,250 13 13 12% Mar 100 1374 14% 15% 10 Max- 15% Stan Tel San 20 & (Un) Co Corp (111) American Stores • 353A American Tel & Tel 100 154 »/a Corporation • Arundel Atlantic City Elec Co & Corp (Un) 12% 4% 12% ' < 2% Jan Light Co Bunker Feb 38 17 " 77% * (Un) Hill 17% California 21% Mar 2% Mar I?3/. Jan 400 16V. Jan 18% 512 68%, Jan 8% Mar 348 20%- Jan 816 52 Va * 103% Ink (Glen L) , 19 Jan 40% Jan 46 Jan 175 19 Mar ' (J I) 22 Jan Chic 23% Mar 9%. Mar 11%. Jan 15% Jan 1 140 10 Va - 708 11% 457/. Milw (Un) ; 318 14 V. '•24% ' 11% Mar 85 17%. Mar 712 27% 26% 27% 20 21%; .10 54% '54% 38 39 Va 28% 27%' 28% ; • 13% '1,730 , .21% Chrysler • 6% 2# ___ 6% 23 $1.40 dtv preference * common Reading Co Scranton-Spring United Corp Gas Brook Water Westmoreland A Class . f Inc Jan Jan 51 51 305 Mar 5874 1% l'A 650 Jan 1 Va 52% 53% 20 273%.Mar 485 52% Mar 185 35% Jan 3,208 1,718 26% - .♦ 5s series A Jan "7 / 4074 Mar - (Un) & Iron Clark (D L) Co Duquesne Brewing Corp Harbison Home . Walker 10 23 708 3 04 21% Mar 104.. Jan 24 ■ Mar Crown Feb Vuitee 12% 1 43% /1 474 27% 290 3% Jan 4% Feb Glass B 243 26 % Jan 293/4 Feb $3 239 21 Va Mar 25 Va Jan 583 -27% 21% 22 41% Jan 473% (Joseph) Co 12% Mar 13% Jan Di 53% Mar 57% 58 12,000 57 Va Mar 61 McKinney Manufacturing National Pittsburgh-Brewing Low 39 15 13'% 10 17 V* 10 39 - 107'4 High . Mar 47 Va Jan Jan 1374 Mar 17% Mar 2074 Jan 974 Feb 1074 Ma r Jan 13% Mar 274 Jan 10 10 • 203« 3 11 1,073 . 21 30% 29 29% 210 121 ' 1"" 32 ■4 3 Jan 974 Jan 11% Mar 20% . 430 29% 1334 Jarv 28 % Feb- Mar 55 Jan"; Jan 55 Feb: 12% Jan 22% Jan 48 552 - 546 45% 38% Feb Mar 33 .482 27 253A Jan Feb 29'A 59'A Feb', ; \ . 47 Va 105 44 % Mar 77 »A- 78 841 70'/. Jan 80 Fetae a85% a88 169 86% Jan 89 Feb- 37% 37Va 190 33 Jan 38 Va Mar: 20 20 Jan 26% i a26 -'••44% - - Feb 20 288 a26 25 267'e Mar 32 Feb a30% a30 Va 10 29% 31 '/a Jan. a30% a30% 100 a__ 50 Vvl a28Ve a28% Jan . a__ — 11 Feb 10 Mar/ 23'/a Mar 170 2774 Jan Feb 30 28 V. Jan 28% 61% 62 268 51 Va Jan 65 Mar a8% a8% 60 7% Jan 9 Mar 3174 Feb 30'% . 31% 17% a48% a50% VV 507 . 30% Mar ■, 100 14 % Jan 1774 Mar 55 17% a503A, 483A Feb 17% Jan •f 48 74 Feb 21 Feb 173/4 17% 125 a9Va a93/a 30 all% al2% r 93% 51 %. 11% Jan 103A Jan 1274 Feb .5 •: 'A Mar 75 93% V51 93 Va Mar 9 1,863 a35% a35 Va 49 Jan 96% 34% 106 Jan- 43 % Jan 9% 10 Feb 5474 Mar ;* 102 Va Mar 119 102% 102 Va Jah Jan., 10% Feb 390 10 'A Mar 12. Feb 457 21 Jj».d 29 Feb 166 20 Jan 29 67 90 Jan 90 ♦ a9 a9 75 —1 10 V* 103A 23% 24% 23% 23% 23 3i 5 5 Mfg Co Co 15 — a86 10 common Jan. 6 Va 4% 200 3% Jan 6% 36'A • Bridge (Un) de Nemours—i Feb 43/4 43A * (Un) I 90 " Kodak 36 JA 815 35 Va Jan 38% 168 a85% a88% 6% 80 6% Feb Feb 8874 Mar Jan 674 Jan 6% 445 88 608 83% Jan 91% Mar Jan 22% * 2874 Mar * / Co a43% a44% 271 35% Jan 9 Bond , Corp (Un)__10 , Jan 4674 Feb • Share & 11% 11% 1,706 Jan 1174 Feb 263/4 26% 230 26% Mar 27% Co Feb 5 20% 20% 101 20 V. Jan 2274 Jan 51% 52% 400 51% Jan 56 % Jan % % 500 a227% a22Va a 22% a35% a35Vs a36% 227 54% 54 V* 976 50 a44% a46 255 44'A Feb 51 Va 52'A 3,499 46% Jan 13% 13'A 200 11% Jan' 1474 a283/4 a28% 10 26 Jan 28% Jan 28 Jan 36 Va Mar: 13% Mar 16 Va Jan (Un) Co 28% 31% Jan Feb 3 2 74 — ,, , % Mar 111 Jan Jan 3474 Feb & Light ' ♦ (Un) El^crtic Co (Un) — General Foods Corp (Un) General Motors Corp common General Paint Corp Gillette Safety Gladding 4<io Co State H5 Co Lta -25 Co * Hawaiian Pineapple Corp Battery Co class A 33/8. 2274 Jan 3974 Feb Jan 5674 Mar 48 Jan 52% Mar Mar 79 Jan Feb 47% 67% Feb 130 2 3/4 Jan 4% 125 11'A 22 22 a 4 2774 Feb 100 174 Feb 174 Jan 200 4 Holly Jan- Holly Development Co— Oil Co (Un) 1 1% 5% Feb Honolulu Oil . 3% Jan % 39% 3 39 a 3 1,630 39% 200 ?34 Feb 39 Jan I Idaho " 49% Jan 5774 Feb 11 Jan 12 % Jan 20 3A Jan 24 Feb I 1.90 1.95 -: 7 v. Feb 15% Mar 16% Feb 26 Va 33 Va Mar /: 794 • 33% 1.90 . 450 ■ ,125 7 %- Jan 1.90 Mar . 2.05 9 7% Mar Jan Jan ' a55'7/a a58Va a55% * 50 20 22% 15% al5% 33% 1 — Corp 40% Jan Maryland Idaho 42 % < 9% 41 Va 8% 11 42% 144 9 V4 11 250 i 100 38 Jan 874 Mar Jan 11 Mines Corp 1 ; 120 56 6674 Jan Jan Independent Exploration 1 . 18c 23 V. Glass eomtnon —33Vac 43% Mar Int'l Nickel of Canada (Un) 1074 Jan International 12% Feb Johns-Manville Tel & Tel com Corp 65c 500 55c Jan 75c 15,800 .16c Jan 25c Jan Kansas & »ian 24% Feb Kennecott 23% $374 165 * 22% '7% • '7% 340 443,4 44% 20 32 y. * / 32 V. 135 32% Mar 35% 37 Va 39 V. 315 34% Jan 39 V. Mar 6% Jan 9 -Feb 40% Jan 48% Mar * » 12.50 38 Va Jan Jan 1174 Jan 643 32% Jan 37% Feb 34% 34% 162 34 % Mar 3974 153/4 16 Va 898 13% Jan 18 % Mar a567/a a57'A a57V* 100 48 Va Jan 55 Jan Jan Mar ' Power Light 1 Corp (Un) Kern County Land Company, Libby • ^5 Copper McNeill 7 Inc & Jan 17 % Mar Jan 407 7274 Mar 76% 245 57% Jan 65 Feb 35 Mar a60Va a6lVa a60Va 34% 34'/a \ 50 Libby ; 16% 16% 32 Jan u 550 34% Mar 451 16% Jan Jan 10%.Feb 4274 Feb 874 Jan 295 - — 8'A Mar 73%- -.73% - (Un), 7 16 Va 60 Lockheed Aircraft Corp-,—1 Loew's 315- 7 al6% al67/a. 83A (Un) Leslie Salt Co : _ 39Va Jan v 34% • 16 Va Corp 20c Jan 9% 2.20 Jan 18c 39% 209 9% 34% 0 (Un) —• (Un) 1.20 105 9% 2.05 9% • Harvester 2.55 Mar 10,150 a35% a36Va 2.20 20 65c / _1 (Un)—1 Co Power International * - 75% Mar Jan 865 3% a477/a a487/a 11 Feb Jan 457/. Mar 37 125- 11% —5 (Un)__. 4% t 70 90 a44% a44% a71 % a73% a7l% Ltd Co Hotels Hobbs 1% Jaxx 71 343A 1,299 71 • (Un) Goodyear Tire & Rubber (Un).—. • Graham-Paige Corp (Un) • Great Nor Ry non-cum pfd (Un>. —3 Greyhound Corp 4% 2474 14 22% 190 13% 13% 34 .100 F) (B 34 common preferred Goodrich 13 V. iii Co & 52 • common Razor McBean a45% 12 Feb 3074 Feb Power 25% 121 ' 1 1% 25% a43% • Ltd-..——— . 88 —3 common Gas Hilton 75 5 Works Oil Natural Kaiser-Frazer San Toy Mining * Standard Steel Spring 6574 Mar Jan a— 360 v 33- 33'A (Uri) 25% * _ Forr footnotesee rpage 43. 60 170 Feb, Mar ; 12c Jan 8c Feb Ma^r 48 Jan 563A - 640 . 5% 75c Mar " Renner Co Westinghouse Electric Corp 483/a 26% _5' Machln^y. & Chemical com_. :io Golden 12% 25 Pittsburgh Plate Glass Pittsburgh. Screw & Bolt Corp., Pittsburgh Steel Foundry common Westing house -Atr:"Brak©> 25% 48% 25 (E I) Paso Florida 145 .2% Steel— 550 1,095 24% Co—— Common Vanadium. Alloys 9c 62% 123/4 al2% a _.l common Dorado General 500 5 , >.,?$2.50 convertible preferred United States 9c 1 common. Co of-Amer Chemical ciu Pont Food Range Since Jan. 1 211 1 , _ Fireproofing Corp 43 •M 10 .10 ; 50c 180 11 preferred Eureka High 13'% 32 Gas 100 45 61 62% 1 Cbrp» common Emporium Capwell 133% 29% 55c 45 Jan 4% Mar Feb 3y Joy Manufacturing Cq Lone Star 55c 45 * Doernbecher Jan 10 * 25 23% Giorgio Fruit Corp A common Dumbarton $12,500 17% * com . 50 4% Feb Feb 55 Low 21 293/4 Mar 29% a Feb Jan 69 Va 9% Mar 4% 15 Publishing Co (Un) Curtiss-Wright Corp (Un) 45 Sales 10% 253/4 a29 11 Aircraft America Zellerbach 44 Va Shares , Jan 23% Preferred- Feb 13% 8.50 Refractories 23 Va 1.33% (Unj Consolidated for Week 5 Equitable Gas Co. 20% Feb a29 a857/. Continental Motors common (Un) Range 10 640 5 Jan 1 — 213/a 5374 51 Va Jan Jan 7% • Corp Jan Jan Mar % 63% v Feb Week's * Commercial 18% * 9% 39 Columbia Gas System Continental Jan _• ; 25% of Prices • Feb 16% 77 Va (Un)_. (Un) Jan Last Co 11 182 _20 __ Jan 104 22% Friday Blaw-Knox 275 _* com— Packers Grocers Crucible Steel 13% 93A 9% 3% , _ Jan 58 common 51 21% 10 1 7% Sale Price Co 42 al6% al7 Va 100 Curtis Steel Feb 25 • (Un) 474 Pittsburgh Stock Exchange Gas Feb 2.95 105 ,25 (Un) com 21V. Electric Ludfum Jan 15% Jan 364 a46% a48% 1,792 Eastman Natural 5974 Mar 2.35 Mar 49% a47 V. 1,668 El Alleghany Jan a503/8 • 8'A . El Arkansas 493/8 a 48% Jan Feb* a68% a63% a48% 10 Co Cons. Natural Gas Co 27% Feb Pari 11 a55% a56Va Coppermines Consolidated >. 28% Mar 54% STOCKS 49% 400 7,936 _25 Consolidated 32 Va -.1975 845 12 2.65 Commonwealth Edison __25 Consolidated Chemical Indus class -A__* 25% Mar 1975 l'A 11 9% 26%. Jan Dow Co 4s 51 2.35 2.45 al7 59% Feb Mar BONDS Transit l'A a56 V. Dommguez Oil Fields Co Baltimore Jan 25 Ry Co River 273/4 Mar 22 133/4 (Un) RR Commercial Solvents ■ 12% lo 30 8% Mar Jan 195 ~4% Jan 4% 2% 565. 27% 7% 15 * B 25% 1 717 ; 2374 _* I 29 13% Feb 8'% 8 8% 10c 3% Mar _25 Fuel 25% Ser___♦ Imnrovement Feb 13c 970 5,25o common Preferred 28% 44% Feb ll7/. 26 10 11c Feb 18 3/4 Mar • I Chemical 25% • common 2674 Jan 2% (Un) 29 50 Scott -Paper United 22% Jan Jan 126 9% 5 .Croclfer First Natl Bank_l_-^— 104 _• Jan Columbia Broadcast System clk.ss--A-.2Va Edison Co— 100 Jan 158% Mar 1474 500 ; Corp Creameries of 4,70%'preferred series B Public Service El & Gas common 1174 Jan * 24% 7% 23% 3 Mar 153% Jan 75c Jan, 366 America Paul Service Clorox Feb 15 V. Mar Jan 243/. Jan < 3,164 56% " Philco 11 253 159% a253/8 a25% Consolidated Edison Co of N Y CUnLJ* • Philadelphia 'Electric common phila Transportation Co common Potomac of ' 20% i-Pennsylvania Water * 2:1 Power Co: Participating preferred Corp common 18 V./ 13% _• — 315 a 35% Mar ll3/e 3% PI (Un) Ohio St •Preferred Feb 52 3% Mar ' 12%. !io . Va 11 157% 32% Mar 70c 5 (Un) common Com Colorado 23% 9% 17% 14: „1 Ry Co Celanese t t 23% -1 156 al2% al23/e * Caterpillar Tractor Co Feb 3,180 19% '.* - i 34,099 14 19 »A _. Columbia Martin 233 70c 8% Corp com (Un)_* Packing Corp common • Dry Ginger Ale (Un) l2/3 Canada Cities Pennroad.CorpPennsylvania-,Power\fc Light— Pennsylvania RR i ^Pennsylvania.Salt Mfg common 32'A 3% Co Canadian Pacific -23% Mar ' ; Feb 80% Mar 660 433% 11% Jan 44 Jan 18 3/4 . Class B 4V. Jan Mar 9%, 51. • Jan 46 Va 39 10c California 17% 41% • 5974 41 % Mar 680 Calif Pacific Trading 23%. 9%. Jan 110 39 11 10 class Feb 78'% 52% Lehigh Valley RR:_ Tile Chesapeake & 10 59% a 38% a ♦ Art Jan -14 / 50 15774 Mar 70c 5 Sullivan 5% 8% 23% __25 Jan 39 13 Byron Jackson Co Feb 17- 42 . & 15% 252 5 'series*® .preferred- 150 Va 100 • 4%. Jan 401 * Pulp A; Papeir—V * V 1,273 15 V. Mar- 14 15 12% Mar 2% 23% __5 Jan 158% Mar ■ 7G% 9 com____l3 % 12 74 9% (Un) 140 : 14% 14 Febp. 550 143/4 al53% al54% a25% (Un) Corp 1,125 4% Motors -Corp,, 5.12% '3. 12% 25 common LehiglHCoal-A?/Navigation , Jan 593 -Storage-TBattery Hudson . 18 Va 20% 100 Gimbel .Brothers ; Jan 20% ~2% * • Power: k, General v; Jan 14% Feb 21% 32'A 3 Co Case Chrysler Corp Curtis Publishing Co -Electric 333/a 149% 567 75c 1st preferred Delaware 285 1,517 17 20 Feb a60% a60% 1 California Budd Company • 36 1674 20% 13 Baltimore Transit Co common 74% 353/8 Jan 21% 2 Budd 155% 154% 16% 10 P10 Borg-Warner Corp (Un) Broadway Dept Store High Jan" 70 17'A' 18% al8% __1 Ohio RR Aviation Borden Low 37% a373A 5 Holdings Corp lUn) Boeing Airplane Co (Un) Range Since Jan. 1 High 16%*: 10 Baldwin-Lima-Hamilton Corp Baldwin Securities Corp 5 Shares to w 16 % Mar Feb 39 __2.50 Blair for Week of Prices Sale Price Par 153% 100 (Un) Baldwin-Lima-Hamilton Baltimore Sales Range Jan 36% 5 (Un) Diesel Engine Wedge Mfg Corp common (Un) Avco Jan 13 % (Un)_* (Un) Feb- 60 46 17'A • Bishop Oil Co Week's a Feb Jan1 Feb 1,070 25 Corp class A Benguet Cons Mining Corp Bethlehem Steel (Un) Last 64 Va 50 Jan 16 14% 50 Imperial Bendix Friday 374 a 25 (Un> Bandini Petroleum STOCKS Jan • Atok-Big Philadelphia-Baltimore Slock Exchange 23A 17% 100 Top & Santa Fe Atlas 143/4 Mar 30 a 2% 15% al8% (Un) Co Corp Nat Gas Atchison Feb Jan 113/4 30% 70c Armour Feb 13 300 29% Jan 43 Jan a30% a31% Rights Jan Jan 13% Jan 27 Va a61% a62 % • _* (Un) Viscose Atlas 15% & Light Woolen Co common Arkansas 13% Mar 13 13 ' Tel Ltd & Copper Mining (Un) Anglo Calif Natl Bank : Max- 24 205 15% * Anaconda 1774 Mar 240 25% a62% 1 (Un) (Un) American Feb 25 Va a27% a27% a2% • (Un) American Feb 16 "a 12% 5 12 13% Mar 15'A *»*» Co 47% 9'A f Co Machine 41% Max- 1174 1674 1—2 Inc 3,700 Radiator American Feb 4274 Factors Power Anxer Jan 22 Va 11% 1 • Bankshares 474 Jan Inc 1 High 43 lo Foundry American Feb Jan 18% 533/4 Mar 37% 38% ~ Willys-Overland Motors (Un) 59% 3% 100 11% 4 common 800 & American Feb 1,400 Airlines Car Low 185 25% a27'A Co Range Since Jan. High a44 Va a 46 Va • Reduction American Mar 52 Jan 11% 5 5 Alaska Juneau Gold Mining Co Allied Chemical & Dye (Un) 4% Max- 4% 41% 11% 4974 2774 1914 19'A 42 * Works 74 20 55% 474. ,1 com, 52 54% (Un), "III (Del) Theatres Electric •: ' ; 52 Low Air Feb 35% 52 Shares Par Feb 3474 4% for Week of Prices Admiral Corporation 400 Sales Range Sale Price Feb 40 253/4 4% _ Wisconsin World 2174 Exchange Week's Last Feb 2274 • Stores Woodall 91 & 25 Carbon Pictures Westinghouse Jan 34 19 3474 1 Street & Van 17 400 89% Inc__ Corp Warner Friday STOCKS Feb 27 5 Corp Paramount Steel 4.000 19 3474 5374 Jan American Salle S 17% Mar 18 5 Corporation United 400 34% 91 Airlines Carbide United High 32% Radio La 18 1874 ♦ common Products World 42'A 34% (The) Trav-Ier 100 1 Timken-Detroit Axle Co Trane Co Low 52 25 £ Thompson San Francisco Stock Range Since Jan. 1 1774 1774 Co Texas Shares High 52 Sunray Oil Texas Low • Corp Swift & Co MARCH 3D Sales , 18% Feb It: V The Commercial and Financial Chronicle 3* ;(i406j' .. Monday, April 2,1951" . OTHER STOCK EXCHANGES RANGE FOR WEEK Friday sak&ce STOCKS Week's JfftC. Par Macy & Co (R H) Magnavox Co J -- Navigation McKesson & Meier Co Robbins al7/• (Un) Inc & Frank Co Inc—- 10 Menasco Mfg Co 100 19'A 33'A Jan 36% 13'/a Jan 28'A Jan 225 20% Feb Jan 21'A Feb 44% Feb 44% Feb 19'A Feb 23% Jan 2.80 Mar 3% 57 19'A 100 100 J Mindanao Mother & J & M M Co_ Oil «fe Gas Rights- Rheem Port Montana Power Roos Co lie 11c 12c 30.300 10c Mar 14c Jan 68c 79c 22,950 37c Jan 83c Jan St 12/»c (Un) 10 Montgomery Ward (Un) Morrison-Knudsen Co 2%c Mar l%c Mar 29,500 Joseph San • Nash-Kelvinator Corp Auto (Un) Jan 11% Mar Sears Roebuck Jan 23% Mar Shell Oil 65 Jan 73% Feb 648 27 Jan 30% • 490 27 Jan 34 Jan v. 635 14 Jan 15 Jan - a38'A a38% 167 37 Feb a43% a43% 20 V8C American * —5 North American North Co Corp (Un) Socony-Vacuum Oil (Un) Feb 37% Jan 22% Jan 20% Mar SoundvieW 27 /4 300 Southern Calif Edison Co com 26'A Jan 29 % Feb 9A 200 8% Jan 10% Feb 2.75 300 1.95 Jan 19% 435. 19'A Mar 474 21% 130 15% Mar 4.32% i—— cumulative So Jan preferred Gas preferred Calif Oceanic Ohio Edison Co Ohio Oil Co Oliver Railway (Un) * Pabco Products Inc Rights 6% 5% 25 preferred Pacific "1st Public Pacific Tel Packard & Tel Motor common 30% 125 20% 11 1,233 19% 32 % 5.056 167 540 28 400 32% 26% 26/4 335 26'A 27 A 507 254 50 28% Jan 26% Jan 23% Feb 28% Jan 29% Feb 32% 32% 32% 30 31% Jan 34% Feb'- 23% 20 J/4 * 24'A 2,205 11% 11% 11% 550 64%- 64'A 836 15% 25 26'A Mar 29 28% Jan -. McKee Jan Company Water — 22% 23 590 22 Jan 23% 6 11 4'A 595 Pig'n Whistle Conv Pioneer Mill Co Ltd ..Puget Sound Pullman Co Oil pfd 7.50 (Un)— (Un) 10% Mar 12% 25 i/'Y 852 23 115 3'A 100 3% Mar 20% 20% 486 20'A Mar 10% 10% 190 a60% a61% 243 64% Mar 607 77% Mar Ltd Rayonler Incorp __ 28% Jan Jan U Air S 100 common 19% 83 1 «. 50 20 81 : - Oil i • •. 135 48% Jan 16% Jan ; 54% of Prices Par Paper Bros class A new 25 * com preferred 52% Feb (Un) Lines 54'A Western Feb. Life Insurance 25 25 (Un) 7'A •- (Un) .401 34% (Un) 19% 19% 425 24% « 19% 7 19% Mar , Algoma Steel Aluminium Aluminum ; Ltd Anglo Co of Canada Argus Corp Can Bathurst Bell Tel Ltd Asbestos Corp 4% pfd Co * "I60 « __. Power & Paper class A series Light & Power • British American British Columbia Elec 4%% pfd—100 Columbia Forest Products • British British Columbia Oil 1. 30% 610* 28 947A 910 91i/4Mar i"il*;107 24% 25 160 25 79 8% 11% 11% 271 , 271 - 67c 7/,;. ' . " 11% 100 r ■ ' 11% common: Power class 43 .. • A __ Mills 15 Jan 13 675 . • 90 ..,' 49 9161 39 Jan 46% 175 40 Jan 47 40 »A 4,520 39% Jan 41 'A Mar 241/a 4,535 22% Jan 27 Feb Jan 34% Feb class 31% 1,548 29% alOO 5 991/2 Jan 100% 7% 3,472 5% Jan 8% Feb Building Products Bulolo Gold 31% 51/4 a21% 5% 100 a22 160 11% 11% 32% 8.50 32% Dredging ~5 Canada Cement common $1.30 preferred Canada 31% 5% Forging class Canada Iron Foundries Canada Northern Power 8.50 57ff Steamship preferred 63 .20 28 Corp common 1,348 common Feb Feb 35 Feb 33% 325 31% Jan 8.50 403 6.80 Jan 9.10 Mar 565 54 Jan 74% 33 38 'a41% a41% . 45 38 39'/a 9% 9% (H) common. Jan 5% Low 68 37% 391/4 Mar Jan 22 Mar 35 78 Jan 92 31 63 27 Jan 31 29 , 100 27 Jan 36 Feb 500 17% Jan 22% Feb • 99 % 99 ; 10 100 Feb Feb 17% \ 26 18 355 13% 22'A Jan 22% Feb Smelting & * 138 —— * 22 21'A 22 580 16% — 27% 28 100 27 —* Co Seagrams — Bridge —— 12% Jan 31% Feb '126'A Jan 701 Jan 1541/4 26% Feb Mar 30% Feb 17% Feb Feb 13 1,560 10% Jan al3 70 11 Jan 17% Feb 36'A 36% 50 32'A Jan 371/2 Feb 28% * preferred—-—25 '61'A '23'A 61 23'A 29% 61 23'A 28'/a ——-• ; 1,025 ■<" al2% 13 36% -* *' : — 27 136% 139% * Seal 28% Mar 5,425 * 505 55% • Jan •34 Feb , Jan 67 ' ' Coal Dominion Corsets 6% Preferred —— Glass common :— preferred Dominion Steel 1 al2'/2 • 43% 100'A 100'A • & Coal Dominion Stores'Ltd Dominion Tar 34 Redeemable preferred * Feb Feb ' ' 64 Jan 67 Feb 50 32% Mar t 27% Jan 300 12 Jan 14 Jan 32 Feb 36 Jan 20% Jan 22 Mar »21 • 1,819 Y 100 •v' 15 14% 15 33% 341/2 1,025 a34 a34 25 • ——-—* — 35% Mar 300 32 33% Dominion Textiles common Donohue Bros Ltd Feb *47-. 102 13%; 34 21 21 • ~23% ♦ 13 % Jan Jan 34% 13'A * :— common—* 12'A Mar 40 % 100 10 . 23% Mar 25 - 66 • 30% 31 25 class B _—" As, Chemical 66- 55 280 ; 32'A. 33% —20 21% Jan 30 a 13 43 Y ;—* • Dominion 17o - T—— & Steel com .L—a— ; - 34% Feb 13 16% Feb Jan 39 Feb 29 .. Jan 29 .3,086 Jan .35 Feb Feb 12 Feb Jan 37% Feb Fraser 10 44 Jan 50% Feb 20'A Feb Jan Eddy Paper Co class A preferred.—20 Foundation 32% Mar - 25 Mar 18 Jan 25 101 Feb 32'A 11 Jan Mar — Jan 25 30 Jan 23% 78 105 % Mar Feb 23% 6,923 175 50 High 50% Jan .."25 Co 105% Jan J an 27% Feb Co of Canada common.^.. -'a20'A a20'A , * 52 Jan 23% Feb 16 975 14 Jan ....13% Feb 22 1,100 22 Jan 22% Mar "/•- 17 • 17 - 665 42 50 52 2,927 '95 *95 10 19% 19% 456 al05 ' .20 22 a 42 : 230 15% • , " - - -49%,- 16% Jan 18 Feb '-* 34% 50 Feb -"*• 38% Jan I: Jan 55% Feb 95 Feb '* Gair Co 5% Power common 100 95 — * 19% — 1 preferred ._100 1 preferred General Bakeries Ltd 15% 16 436 13% Jan 17% Feb Gpjneral 18% 225 16% Jan 18% Feb Gypsum Lime Steel Wares common 95 Feb 17% Jan 20 V4 Mar 105 15 104% Jan 108% 20 108% Jan 111 3.15 -3.15 1,575 20 V* 20 20y2 360 17'A Jan 20% Mar 24% 24% 24% 1,020 21% Jan 25 — & Alabastlne. A 109% 109% -100 preferred 5 % % page 43. Range Since January 1 High 27% Distillery class A & Sales ,26 Feb 100 Feb't - 26 Mining 18% see < 4'A Shares alOO'A alOO'A Feb 27 ' Feb tor Week Low 22% 30% 27 Feb • - 271/a u Cork Gatineau Class A For footnotes * 22% 31 ' 11% \ Jan Jan 39Vs Mar 45% a90 Jan 17 Feb Mar / 41> Jan. -25 Glass Dominion - * :• Jan / 31 19% 1,518 Feb 52% - Mar 34% 9% Mar R»nre a85 30 105% 105'A 27 Feb 25 44% Week's 31 100 45 Feb Jan 195 4% of Prices a85 21% 31 .100 • 242 '/ a20'A Electrolux Corp —.1 ,* 15% Estabrooks (T H)f 4.16% pfd—_i___25 ~ ;— t amous Players Canadian Corp * ► I7 19'A Jan/. 311 • 45'A " 45.'A; a22 Mar 1 Jan '" a22 28 19% 31 2,004 70 50 33 Jan 16% v " v 38% 555 44% 52'A 100 ; ' 38% 30% 12 Jan ' 29% 91c 7 6% 7 Jan 20% Mar,, 7" 922 28% 33 Mar v Jan 752 7 20% 20% la51% a51% 60 Plow Dryden Paper 64 12 • _— common^—. Foundry Feb 15% 8'A 4% 14 2,232 280 • Dominion Feb Jan 420 67c 2,640 57 28 • 19% Ltd 6% 24 Jan . Feb 14% Mar 57% 21% common— .10 .50 Bronze 32 Jan ' * — 5% preferred Canadian Canners Canadian Car & Jan 4% Jan 19 13% 11% Mar 33% - 30'A A Capidlan Breweries Canadian : 28% ' /%>• Canada 1,085 — • Feb • Vickers Class B Feb 7% Feb 9% 12'A 29 '1 ■ Dominion Foundries 31 '3% 30% Mar Too 1 Feb alOO 7% Corby Crown Feb Jan 220 4% 1—25 77 1 Distillers a22 A *53% Feb 8 270 80 Jan/ Jan 86% Mar7 315 — • common Consolidated Textile Mills Feb 441/4 7*7. Mar ■Y ' 3% - Feb 13% 47% " Jan 25 preferred Cdckshutt Feb Jan 23% 31 "lJan 9 77 40 24% 43 73 46% 40'A 40 880 48 48 43 63 7 I' 22% Jan 7 * Mar 200 69c 29% Mar •'-19%' Jan 18% Feb Jan 7 Feb 40 231/4 Jan " 1,184 « 39% . 30% '30% Locomotive Consumers 11% Jan 221/2 Jan 41 1125 common — -Consolidated !jJan 84% 31% ———: Ltd Class B * 11 '. 11% Class' BBruck W Jahvfi"ftT/14 84 11% 1 8 , Feb ,7714%7'14% * preferred Cottons Canadian Jan 25 59% Jan 161 -5%.''•• 5 7,?!'Y 15 15 341/4 1,105 13% 8 210 . 80 3% Last Canadian Pacific Railway ?syia?n h'iVl" 351/2 Feb 7 Jan 19'A Mar 537 1 preferred Y/'i ' V' 24% iVIaf!i 26 'A : Feb 11% •: 6% <5% Feb I,//!■■ i''""* 34% 100 • Canadian Oil Companies common.. Feb 94 • —25 Traction 21 Jan Feb 30 series Canadian 251/4 Mar 29%- pfd__. ._50 common Feb 94% * 4%% ...'<y-.il Feb • MARKETS Canadian High 8'A Feb 35% 7 20% 85% 24 1,400 28 68c !, — 50c Co common $1.00 29% .25 Telephone Brazilian • * Amalgamated Electric Corp .tan Mar Mar 94 Jan 54% Mar 1,034 20 a20% a20% 1 common 36 . 19'A ".-•."•-5 5 Yellow Cab Range Since Jan. 1 . 81 54% 7 Jan LISTED 5,974 54% 11% 36% $1.75 375 35 Jan 16% Jan >, 125 16% 3% Western Union 83% Mar 32% •w 1 Department Stores Canadian Celanese 866 71/4 >; ■' Mar 32 % Mar • 257- a34% a35% 1 Inc Western Pacific RR . 20% Mar ■ • Mar 35 80 ; 5 common Feb 60'A 43 17'/a 50 ; —100 Sugar Western Air Jan V 1 Indies 33'A Feb Mar * Jan 41 .42'A 10.^ (Un) West 46% Low Pel 13 33 28 Mar 42 34 % 7 21% 140 Friday 4,087 Feb 105'A Mar Jan 46 a2l a21% Feb ' High 54% 7 Mar/ 7 (Un)—;——.5 Pictures Coast , 54% -20 Acadia-Atlantic Sugar New Low • common 28 , 11 > $1.50 preferred 30 • 11 Sale Price Shares Feb Jan 11 ——*. Oil Sugar Co West for Week Sale Price Feb 61% 96 1,309 ^^_V__r!T07 com(Un)_l STOCKS ' 64 80 566 a24% a24% 20 •^ 1 Co— I '—1 Preferred Sales Range Feb 14% ' ' a35'A Par Last 49% ; 34% ..h Canadian Funds Week's Feb 44% Mar 3,837 i. I - 54% 36 45'A ■ Feb 25% 16% a24% 47% Mar OH 30c Jan ■ common Feb 7 Jan Feb 23% 32% Telegraph (Un)—1—* -/a41% Westinghouse Elec Corp (Un)— 12%', Willys-Overland Motors (Un) 1 9'A Woolworth (F W) (Un)_-—10' ;Y*Y- 62% Jan 30c 19'A 10 Westates Petroleum Jan Jan 10% Jan —; 34% Jan 13 77 a89% a91'A Equipment Montreal Stock Exchange Abitibi Power & Feb a— —- 40 200 a34'A a34'A 16% 5 — Wells Fargo Bank & U TI 12% ' a— -11 a90% (Un)__z,—*, Inc Consolidated RANGE FOR WEEK ENDED MARCH STOCKS Jan 73% 18 - 11 12'A Victor 82% Jan ' a31'A a32'A „ 25 (Un) Feb CANADIAN Friday 12 V* Mar Mar - al00%al02% common. 10 Inc. Carbon Corp Utah-Idaho Feb 68% • Jan 1,278 . 241/4 Mar Mar 44% •54- 2 Jan 26 25%, Jan 45%? Jan 155 47% na 7 6 83 47% — ; • 745 : a47% a48% — — - 6% 29'A 28% & Lines Steel Universal Feb 4% Jan 9% 150 a42% a43'A • pfd 10 6% ~Y: * - 77% 9 •"$42% (Un) 6% 77% / Jan 15 11% 63% 31 a60% a61% __ __ _25 — ;—i —. __ Airlines Carbide United 6% Mar 21'A 11% 23 3'A — * L> Radio Corp of America (Un) Railway Equipment & Realty Co ->1 (Un)———20 / Pulp & Timber Inc Pure prior ; (Un) United Gas Corp (Un)—x United Paramount Theatres Feb 113 Jan <■ 30c 44% .10 .1 Associated TransWorld Union 15% Mai 77% (Un)— Jan Jan 14'A 5% 30c 18% .10 21% 19'A 445 — Y Union Oil Co of California common__25 Jan 12% al2% ,. al02'/8 -1 — Union Sugar 693 a61 35 330 a23% a23% 7„ „1 Co United Aircraft Corp 103 31 ' .25 (Un) Feb 15 * J Feb 80 a * / ■ "• "25 (Indiana)— 9% 105 Jan 9% 25 Co Jan 20 A 33'Ac " _» new 7'A 102 ; 20 20'A al2'At a 31" - „ 15 812 — Oil Oil (Un) Tide •; 53% Mar 14% — Co of Calif Transamerica Corp Jan 26% Mar Jan al5% -1 (Un) of N Texas Feb ~ 23 Feb .Feb..,.' Mar"'' 33% * Inc Super Mold Corp Swift & Co (Un)— Feb 20% — 49 Feb 28% Jan 171 103 107'A 108% Jan 40 Feb 675 107% 25% . 570 „2 Sunrav oil Corp 30% Mar 25% Mar — 867; 835 * 253 -1 — Btudebaker Corp % Mar 36'A Mar 29 .—-~ Co Sunset 34% Mar 29'A Mar 2o 192 26'A 45 *45% 29'A -1 G) Brands Standard 19 % Mar 31% Mar a52% a53 /a - 39% 26 »A —5 Co (A Standard Oil 5 % Mar Jan 17% 150 29/a Jan 33% — 20% Mar Jan 28 — 50 Jan Mar 34% 29 % 1 Warner Pennsylvania RR Co (Un) Pepsi Cola Co (Un); Phelps; Dodge Corp (Un) Phillips Petroleum Co- 79 790 26'A California Standard Jan 4 25%. — Pan American World Airways (Un)_2.50 Paramount Pictures Mines (Un) 1 Park Utah Cons Mines (Un) 1 64 500 1 Feb 15 Jan 17% 1,056 5% 29'/a 26'A • Feb 33% Co Standard a— a. 400 13 A Feb 33% Mar Jan % Mar a53% _100 (Un) 22b 32'A Mar * common 32% 1,010 * Y Jan 57 .25 series Spiegel Inc common. Spring Valley Co Feb 185,469 — (Un)—10 9c 55% Mar .25 Pacific Spalding Inc Sperry Corp Feb 2.05 32 1 _. 50c Jan 1.70 32 % * preferred 37% Jan 31% — * com Jan 25c % < 25 Service 32'A 100 700 32% 25 $4.50 preferred Pacific Petroleums Ltd Pacific Portland Cement 325 36c 33,4 % 25 Jan 55 % Mar Mar 19% fcYY— —25 redeemable series A 95 32% Y/ redeemable 5% Mar 4% 31% 25 Pacific Lighting Corp common 95 19% — — preferred 5% 1st preferred 4.80% red preferred—— 30 1.75 13 % — 25 Y- a44% a45 A 19% 10 1st Feb 32'/» — 5 1st preferred 5%% 32 36c " 13 % • common Coast Aggregates Pacific Finance Corp (Un) Pacific Gas & Electric common Jan 1-75 32 A — * Pacific 22 95 — 8 (Un) 300 95 — 1 United Filters cjass B Feb 29 — 1 —— 19 26 — ,.... Jan 90 67% ' (Un) A—_ .25 Petroleum 2; Southern Feb 19 Jan 25 — 100 Petroleum Corp..— Co Oil 5c 52% 143 38% 45 Southern 22% Mar Feb 17% al8% -100 Pacific Occidental 15% 67 26% „5 - preferred-—.. 4.48% Convertible 2.75 Mar 26 Pulp Co , .15' 18% 17 15/a com preferred Northern 37,733 " 860 19% — (Un) 10 Investment com—100 American 6% 1 8c 36% , Oil 173 9 A a22 (Un) 38% Max a a— ' 20 A 2.75 19% —, Aviation 7c : a54% a55% a54% a 55% Southern North 7 ^ a54% 20% a22 a22 A • Niagara Mohawk Power Feb Jan 4% Feb „ 31 —15 27,4 — — (Un) Jan 14% Co 20 — — RR & Co—— 20% — 1 Central 33% 56; Jan Feb • Y 3% 30 »A Signal Oil & Gas Co class A 423 National Distillers Products (Un) Natomas Company Co N Mining—: 9 70 28'/a 52% Mar " 21% JO U 34%" Jan 33% Mar 752 a3% ' Feb 36% Mar Jan 14'A 5 160 30 1 Mining Co 25 _P10 100 70 New Park 65 a / —10 (Un) 11 — 5 Fibres Lead Mauricio Sinclair National 50% a52 % a3% High 49 % Mar „10 23'/, 70 10 136 „ 11 -- a33% **a33% a33% 31% ' 31% 32'A 1 23'/, — * 23 • Safeway Stores Inc 68C pfd 41 200 1 1 (Un)-—— 397 34 . . I—1 (Un) Bros P.10 cement Low 41 34 — —10 Manufacturing Co Richfield Oil Corp Pictures COrp RKO Mines —— Monolith Range Since Jan. 1 High 41 IHi Reynolds Tobacco class B (Un). (Un)— Lode Cons Low Shares Jan 1,005 i&n Feb 3 4'A Mar S & W Fine Foods Inc. M for Week _• (Un) Reserve 20'A Mar 19 Republic Steel Corp 17% 487 K" 33 A }%/* nIno/ -- 1 Sales Range of Prices I Par High 110 a40 A a40% — Week's Last Range Since Jan. 1 Loto al7 /a al8 /a ' —18 (Un) Shares High 17_/® 32 — Friday Sale Price STOCKS for Week a33%a33% — - 5 1 Calculating Machine Co-(Glenn) common Matson i1 • common Marchant Martin Low ENDED MARCH 30 Sales \ 2.45 Jan 3.50 Jan , Jan Feb Feb , • Volume 173 Number 4999 . . The Commercial and Financial Chronicle . 39 (1407) CANADIAN LISTED MARKETS RANGE FOR WEEK ENDED MARCH SO Friday Week's Sales Last Range for Week Sale Price of Prices Shares STOCKS Par Hamilton Howard — —* ______ Paper common 15 % of Canada preferred Industrial Acceptance Service Jan 950 28 Jan 10 85 Feb 100 30 910 • ' 12 5,000 *30 120 Ltd Trust Neon Gen Adv Feb Commercial Alcohols Ltd 33% Feb Consolidated 86 Feb * Div 120 12 12 200 120 Mar 120 a22 a22 a22 75 37 38 3,163 37 Mar a6 a7 89 6 Jan 52 54 1,551 52 Mar 60% Jan 17% 101 % 7.50 53% • 16 16 16 235 13 92 55 91 50 50 75 50 26 26% 800 12% al2% 25 * a —• 32 —* all1/! * 19% 32 Ltd David A & (R L) Drug & Chemical Preferred' National Steel Car Corp— Weaving Noranda ilines Ltd Page-Hersey Limitee Frere class Square Bros & Provincial 11% Jan 28% Jan East Jan 21% al5 al6 175 16 Jan 16 % 90 90 70 90 Mar 90 Kootenay 12% 15,630 11 Mar 13 Motor Great 23% 25 -34% 35 27% 14% 342 a28 26% -16 a 19 640 50% 2nd 190 50% 235 CO 20 •!' .20 ; 34 A Class 4% B Sheraton Ltd Power 1% Blcks' ; 130 g g -* a Lambert Feb preferred 11% 250 29% 285 a30 10 70% 53 ' 19% Feb f. ' 51 Jan Melchers 85 Jan Mersey 102, 19 % 223A ... Mica Jan 37 Feb Jan Paper 11% of 5% of 27 <12 Jan 70% Jan 21 - 160 Feb Mount Jan 52 1,000 313/, Feb 85% Feb 25 . Feb Jan 25% 25 26 460 20% Jan ;,?*> 28 29% 5,520 Z 15 143/4 15 1,650 , al9% al9% a 19% 25% a85 — a20 a85 •. 27% 33 Co 20% a— Feb ■■ R a— ■ a__ . v. ■ 12% Jan 15 1,532 28% Jan 45% 74 ,74 - 77% a20 • a20 100 & M v 59 35 35 35% 46 46 a51 % _20 « •/ a51% 46 161% Jan Rice v - Windsor Jan 47% 50 Mar 20 Jan 52 28% 225 25 Jan 143 143% 35 142 Jan 28% 19% a 19% 105 a39 a39 70 ; Z 26 123/4 97% 13% 31% 31% ,740, 26% 97% • 31% 13% - 30 • 265. 20% 373/4 Jan 39% Feb 27% 90 30% 1,275 35% Jan Jan 3.10 Jan 70 % Feb • 37% 34% 37% 905 30 Jan 38% Feb 10 Feb 10% Mar 9 Jan 12 10 ,10 200 * 9% 9% 200 3.50 3.60 200 —* 12 940 10 100 JVIar 13 13% 821 13 Mar 14% 58 10 102 " Jan 10 3/4 22 1 ' V 685 22% 52 - 52 *. 30% 523/4, 33 m 1,767 33 43 19% 44% alOO > 25 19% "100 22 50 43% — 8% 675 alOO — 14 14 1,075 7 26 5 14 26 20% 36% Jan 100 * 4.75 4.75 a87 a87 Co— —5 ' 25% Mar 52 Mar ' 60% 30% Jan 18 Jan 36 Jan Gold ,• 13 26 V Mar 25 loo Feb •q « ,. class B Of Jan Feb 90 1.00 Jan 100 25% Jan 33 Feb 27 657 24% Feb 28% Feb alO% alO% 250 10% Mar 11% Jan Feb Jan 90c t 105 25% Mar 28 Feb % 29 322 28 % Mar 32% 405 40 Mar 46 Jan 28 28 28% 815 28 Mar 31 Feb 39 40 170 39 Mar 43 Jan Last / ; Low Shares ■ 12 6,337 14% 14 14% 1,360 5.00 100 25 25 140 a200 5 _* 2.00 2.00 2.00 1 11% '10% 11% 100 — is 125 17 Jan 20 21 21 66 20% Jan 107 ,107 107 10 106% Feb 5% 7 875 110 110 55 55 50 12 12 100 12 Mar 22% 300 20 Feb 23 % Mar 118 Jan 120% Mar . 98% —— Malting Co Ltd Sugar • 96 47%. „a— 47 21 — B Starch Co Ltd 34 * * — Investments 28% 200 11,925 9 Jan Mar Feb 115 54% Mar 5 57 Feb 12 Mar 110 JaH 119 30 27c 27c 8,700 26c Jan 35c Feb 40 40 25 34 Jan 42 Feb 13 Feb —* 10 12% al7 50 16 al7% al7% 16 15 85. 25 J an 50 27 Jan al2% al2% * Ltd al7 5 25 25 25 34% —* 34% Jan Feb - < <**an 17% Mar 18 7 Jan . 27 Feb 38 Mar 2.65 2.57 2.68 2,100 2.50 Jan 3.10 Feb 2.28 2.24 2.30 4,100 2.00 Jan 2.40 Mar 5c 7c 3,000 4c 4c 34c 37c Ltd Ltd— 4c Feb 8c Jan 5%c Mar 3c Jan 34c Mar 55c 40c Mar 66c 50c 4c 4c 4%C 2,500 4,500 5,000 1,000 5%C 5%c 5%C 3,000 5%c Feb 8c Jan 16c 16c 2,000 12c Mar 16c Mar 5c 6c 2,300 3c Jan 14c Feb 6c 7%c 12,500 6c Mar 15c Jan 5%C 5%c Ltd Ltd— Mines Ltd Ltd 7c Jan . Gold 6%c Jan 5c Jan 25c 25c 400 23c Jan 9C 7c 9c 9,500 4c Jan 18c 22c 11,375 18c Mar a85c a85c 400 75c 56c 5ftc 15,850 55c Jan 72c Jan 7c 7c 2,500 7c Feb 10 %c Feb al3c al3c 100 12c Feb 15c Feb 5c Ltd Mines Mines Ltd__j Mines-/--/ 58c Cadillac mm ** : ' * 1,000 5c 5c 27c 18% 18% 52c 52c 1,000 8.00 8.30 4,100 6c 6c 500 Mar 85c Jan Mines Ltd * Ltd Shore Jan 5%c Jan Jan 20 Jan . Feb 9.50 Jan 3%c Jan 12 %c Feb 2%c Mar 5%c Jan a2c 400 6.65 1,300 14% 14% 3,295 16% Feb 20c 20c 32c 5,149 12c Jan 38c Feb 28c 28c 29c 6,100 28c Mar 42c Jan 66c 60c 66c 2,500 60c Mar 99c Jan 17c (Un) Dev Ltd a2c 6.50 14% — 17c 3,500 8.50 8.50 800 37c 40c 10,000 6.00 10% 17c 7.50 Mar Jan Jan • Jan 25c Feb Jan 9.50 Jan *■" 8.50 Ltd— 39c » 10 10 10 200 22C Ltd 22c 25c 3,000 2c —— 2c 2%C- 14,000 6.25 37c Mar 55c ' Jan Jan 11% Feb 20c Feb 35c Feb lc Mar 8.80 2%c Mar 1.06 Mar .1 1.06 1.06 500 1.06 Mar .1 Ltd— Mines Gold • Feb 65c 7.50 Jan 6.65 Mines Ltd Mines Mar 50c 215 8.10 Mar 9c 32 %c Mar 16 1,000 18% Ltd Ltd Kayrand Mining & Lake Feb 6%c Feb 3%c Jan • Manitoba Mines Ltd. 4c 4c 1,000 3%c Mar 6c Jan 20c 4,500 19c Mar -33c Jan 13,500 86c Mar .1 20C 19c _1 13% Mar 4.50 Jan 17% Jan 165 Jan Highy Mackeno 1.85 Mar 93/4 Jan Ltd Mines Ltd Mines 1.14 1.00 1.17. 1.17 Mines Ltd—— _5 Mining Corp Ltd— _1 Mclntyre-Porcupine - Island Merrill _1 — 14 153/4 Feb ,5% Jan Feb Montauban 1.20 1,500 a61% a62% 105 53c 55c 2,200 16% 16% 16% 361 33c Com of Canada Ltd Monpas Mines Ltd—: 27% a61% 32 %c 1.17 Mar 53. 53c Jan Mar 1.30 1.68 Feb Feb 69 Feb 78c Feb Feb ' 210 f Mining 2.00 13% Cons 20%c Feb 34c 17,600 29c Mar 38c Mar 41c 44%c Ltd Dredging Calumet Mines Jan New Feb New Form&que 245 96 Mar 98% Mar 360 47 Mar 47 % Mar 150 Mines 16% Mar 2,500 35c Jan 48c Mar 27c Jan 50c Jan Feb Jan 50c 2,000 2.90 3.05 1,300 26c — Ltd 47c 3.05 Ltd 50c 26c 1,000 25c Mar 1.00 1.15 1,725 99c Mar 12,400 21c Mines Ltd 2.70 Jan 3.70 45c Feb Jan Feb 21% 348 21 Jan 23 Jan a49% a49% 10 50 Jan 51% Coal & Oils Ltd—— Nocana Mines Ltd 1.10 27c 26c 27c 4.90 4.90 "4.05 16c 16c 1.29 1.30 New Pacific — Mining Corp Ltd—r!— 2,900 500 4.50 16c Jan Jan Mar 1.65 27c 6.00 21c Jan Mar Feb Feb Feb j 21 34 34 25 28% 28% 225 a23% a23% 80 —; Canadian Industries common • 34 333/a 34% 1,073 Canadian • 86 86 86 10 43. 7 27c • -* Ltd Explorations Macdonald 128 Ltd—• Ingersol Rand Co Ltd Feb 4% Jan . . Mar 119 Normetal preferred Jan 21 107 » 22% B Labrador Mining & Explor Co Ladulama Gold Mines Ltd— v Range Since Jan; 1 488 9$ ' 47% ...; is Ltd (Can) Rights " 143 18 119 Lingside Gold Mines Ltd Louvicourt Goldfields Ltd Low 11% 5, t)0 17 493/4C Silver Mines Leitch Hiah 12 * Jan 22% Joliet-Quebec Mines Ltd / for Week Range of Prices 14 Sales .^Week's Sale Price -1 15 pfd—100 6% Ltd Mines Jaculet Mines Feb 40 28 a17 —* Hollinger Cons Gold Mines Ltd Hudson-Rand Gold Mines Ltd Feb 25% a200 Preferred 100* 4.75 Jan Feb 29% * Sullivan Nechi page 4.75 90 al.00 __0 100 Mines Ltd Fontana Mines; ,jl945) Ltd Goldbeam Mines Ltdi Golden Manitou..' Mines Ltd 14%; Feb 213/4 B—• cl __ see 98 18c Lode Donalda 26 %. Jan 20% Mar •_—100 Ltd common Bickle-Seagrave Ltd Company common For footnotes Jan 6 % .10 '. Candego East Jan 1,565 • General Jan 98 Feb 25 * Central Dome Feb Feb 20% 5 Co Ltd Brown Canadian Jan 29 Mines Ltd Mines Central Cortez Feb 40 29 Par 'Canada 18 Mar 20 46% Z 99 %- Jan 640 - 35 39 , v.'V: stocks '• class Feb Jan al.00 Consolidated Rochette Mines Ltd • Ltd Jan 15% al7 Ltd Consolidated Jan 40 ■ Friday Packers 63 29 . al0% Gold Mines Mines Cobalt Canadian Funds Canada „, 12 Jan 13% 10 Feb 17 % 2 Citra Lartic Montreal Garb Market Canada Mar 10 49% ■ 452 * com. Century Mining Corp Ltd Jan 25% 10 a--—. Dominion Feb 3.75 Mar Feb Mar 20% „10 10 preferred * .." a98 — Gold Cartier-Malartic Feb 10 & " al7% al7% __ V 200 al5 IP/4 , 58 ■■ Feb 9% —— 2nd 3.40 125 58 al5 ll3/4 > a98 class A— Mines Gold Lava He $3 1.50 , Lake Bouzan Gold Jan 100 — Canada Feb Mar 49 —50 Co Bouscadillac 98 % Mar 33% —- 1st Feb 1,175 133/i Mar Feb 96 Lake Bonville Jan v 113A Jan 100 —25 convertible 6% 3,650 .100 Mines Bellekeno Mines * $5 8% pfd—-100 class Corp Gold Bordulac 32% ————— Products Jan • Breweries Chtbougam Bob's Feb 100 —10 Fabrics 400 2.40 Mines Ltd Beatrice Red Feb 32% 22 Bathurst Pow & Paper Co 7% Feb 18%,Jan.: .—5 Scotia Auto 7% 7% 64% Ltd Hotel Band-Ore Feb .21 Jan, & Metals Ascot Feb 145 25% •- 1,610 98 18% • 9 Belding-Corticelli Ltd 31% 61 1st pfd Power Mining Stocks— Jan .100 ——j- Development Jan 2.15 Manufacturing Co Ltd Anacon Lead Jan 20% pfd— Montreal Steels 28 1 Jan i';"'. Atlas 360 Feb 45% 193/4 10 Anglo-Nfld 31 27 (Can) Canada Woods 55 ♦ 10 19% * 30% 2.15 preferred Corporations Feb 105% Banks— • 16% JPeb Feb Canada Jan Jan al93/4 Too preferred ' Jan Jan 9 61% .10 6% (Jack) 37% 19% common,.. — Canadienne ■. 11 10 % * Products Ltd Jan ' . Jan 710 Feb Paper 2nd parvt Watson 31% al9% Ltd Toronto 200 13 A_—* —- Western 1,577 82 — 26 _ 'George) Royal 10% 12 Mar 15% — Transvision-Television Feb a52 143 - Gooderham & Worts. Nova Feb 10% 12 Mills Ltd Feb 60 <•,. a20% a20% __ com—* common — 75 84 :— 58% Jan * Wilsils Commerce 20 65 (Can) Ltd common 90% V20 ..-Jan 60 Power common 64 Jan Ltd Bearings 20 56%. Jan 1511 127 / 105 105% 60 * Cotton Ltd 64 Feb Limited Mar 1,125 39 a20 —100 Walker 5% Jan 64 12 L—;—— c n United 13% 20 Weston Zellers 41% 60 Southern a r__ 37 a39 common Jan 11 com 4% Ontario & Royal 6% Jan 19% l 13% Corp 5preferred 37% 200 class Ltd Power Corp of Can Jan 38 1 r— Winnipeg Electric 260 Feb 16% Jan 13% A common 38% a63 ——_—1 Oil Consolidated Wabasso Feb 38% 12% _— Feb — Steel Mar 38% —* Light & Power-— Nova Scotia Light & Power com 6%/ preferred • Orange Crush Ltd— Feb 14 20 "■■N;- • Thrift Stores Ltd Z United 31 90 * Newfoundland Feb 73% < 27% Mar:. .. 106 a20 105% common 5<7c Jan Jan Feb 56 Jan 613/4 99 ______ Petroleum 16 73 ' 173/4 1,112 com Preferred Supertest 40% Mar Jan 80 200 Feb 32% - Jan 1,275 70 50 Power of. Canada Canada 33 Royal Metal Co Ltd— Mount Jan 24% 49 preferred Co 60 31 85 a63 Inc Canada Central Steel a40 29 84 12% Corp Feb ■ Jan 24 1 Chemical a38 , Feb Mar * Ltd Co Distilleries Paper Minnesota 9 Jan 69 * __——— Canada 14 Mar 273/4 - 843 a23 a53 a54%' 25 preferred Standard Jan pfd—100 7% Canada of (Alfred) Jan 8% 29% 1st preferred & Southern 10 (Frank W) class A International Paints (Can) Ltd A Mar 70 * class A class 100 MacLaren Power & Paper Co 24% Voting trust certificates.. Simpsons 11% Maple Leaf Milling Co Ltd— —* Maritime Teleg & Tel Co common__10 • preferred Breweries 11% Jan 1 common...; Williams 39% Jan 33 % Mar 10 .76% a22%' a23 - preferred Jan * Co Lakes Belle Sherwin 32 % 38' —* : 4% % 5,589 28 100 % Mar 12,365 28% 76% — preferred /Series 35 28 % 14% Mar 1,985 a30 • Water 34% 1.10 Mar 253/4 Mar - Mar 60 28% —* 2nd ' Mar 35 Co class A Westeel Bhawinigan Mar 40 Jan 26% 26 50% . / Co Ltd common. preferred 26 Jan * ' 19% ,— preferred Lawrence Paper Feb 30% Jan 28 35 100 ; Jan 100% 100% —— 1st Jan 22% 30 Horner Ltd Mar 60 Paper 4% preferred-——100 Royalite Oil Co Ltd-* St 80c 134 Mfg Ltd Ford Mar 12 11% — Corp 349 Paper Co Ltd Federal Grain Jan 33% Transport Lawrence Jan Feb Holland 8t 6.00 40 Eastern Steel Products Ltd—. 16% —* $1.60 Feb Jan 4.75 26 * Jan 661 50% • —— Knitting 1.00 1.00 Worsteds 11 11% Mar 19% Power Regent Feb Jan 80c 25 Steel & Reitmans Quebec ' 117 Jan 1.00 * Donnacona 37 33% Power. Corp of Canada Price Feb 115 39% Corp Feb 20 —-———._* Co 8% ' Tubes River Jan 25 A 27% Feb common—5 common... Development Jan 6% 39% * * Jan Jan * I Mills Mar 4.40 • Moore National 14 Jan —* 21% Jan 25 — High Feb 3.70 Ltd_* Co Structural 22 —————- common 550 Woollens 9 ———.—100 7$) preferred 5% Dominion Jan 15% 40 Tramways Breweries A sec — McColl-Frontenac preferred 5 - " Dominion 175 .26% Montreal Telegraph 13,600 Feb 17 a27% * 1.00 Mar 50 400 ; Locomotive 85c 1.00 Dominion 19% 34% A— 10 Feb 19% 19% 24% class 117 Jan 125 12% — 117 __ Interprovincial Utilities Ltd Ltd 9,320 29 32% V * i 8 Via a38 all all-% 100 —. 7% 50 16 a 8 _— Jan 20 * 360 Class. B * Dominion Engineering Works Ltd * Dominion Oilcloth & Linoleum.—* Feb 6 Mar 26 4.05 * _— Lithograph Mfg Consolidated Paner Corp Ltd Crain Mar 23 42% Jan 50 5 . Jan 92 * 10 4.00 13 133/4 Mar Jan 8 Mar 37% 20% Low al4 4.05 100 B Range Since Jan. 1 High. al4 • common Standard Preferred Feb 30 Feb 28 25 common <Robt) Flour Low 1 class 25% com—* common new Wire Shares Jan Fleet class Breweries Niagara for Week com—* Company 13 Mar 24% Mar 10 12 * ——. Export Montreal Inv Western. Lumber Co^ Cassidy's Limited 7% preferred " 100 common Class B Powell 5,560 a85 McColl-Frontenac Oil Placer 39% Mar 38 % 30% common preferred Ogilvie 27% 37% ctfs———*—- Ltd Massey-Harris National Canadian 38 * Montreal Jan 30 common! shares Corp Ltrl Morgan 62 640 a85 B Molsor 55% Mar 58 % 30% common Paper Public Mitchell Marconi 57 —5 the Woods MacMiiian 5% Canadian 57% 100 J.—L frac Mailman Feb 24% International Utilities Corp Class 89 12% 24% International Petroleum Co Ltd International Power common Bros Jan 12 preferred Lewis 67 12 6% preferred International Nickel of Canada of Inter 24 % common—, International Bronze LaKe Canadian 421 87" Feb com—__* Corp preferred Jamaica 86 19% 5 —_— Coal International Sales Range of Prices Par Jan Consolidated Intercolonial Bearer Hiah 12% 25 com — $4.25 preferred 7% low 25 Claude Tobacco 4% 8% High 15% * Bay Mining & Smelting———• Imperial Oil Ltd— ; * * 15 Ms "86 • Hudson Imperial Week's Last """"" Eridge Smith Low Friday Sale Price STOCKS Range Since Jan. 1 North Denison Gold 36% Jan O'Brien 26% Feb 29 Jan Pato 21 Jan 25 Feb Perchcourt 33 Jan 37% Jan 70 Jan 34 Mar Pitt Cons Gold Mines Ltd—— Mines Gold Gold Ltd——— Dredging Fields Ltd Mining Co Ltd Porcupine Prime Mines Ltd Ltd- „1 1.30 3,800 3.10 3.10 200 55c 50c 55c 23,500 4c 4c 500 27c 20c 30c 8,100 „1 „1 . -1 1.25 2.45 Jan Jan 40c Jan 3c Feb 1.65 3.25 90c 7c nr. -1 19 %c Mar Jan Feb Jan Mar Tnn • 40 The Commercial and Financial Chronicle (1408) . Monday, April 2, 195f .. CANADIAN LISTED MARKETS MARCH 30 RANGE FOR WEEK ENDED .< Friday* STOCKS' r Last '.,-i y ; Quebec Smelting & Refining-;——1 Quebec Yellowknlfe Gold Mines— a35c Jan 51c Jan Brantford 17Vic Jan 25c Jan Class. a40c 900 20c 22c 5,000 3.00 . Pa/ High 3.40 2,100 16c 3.05 19c 15,000 500 4%c 100 24 Vi Mar. 11,500 9%c Jan 16c Jan 18c 5 Vic 5 Vic 25% Quemont Mining Corp Ltd———,—* Royran Gold Fields Ltd— £ 1 Low 25% 25%- . 10c 10 Vic 31c 2.45 Jan 16c Brantford 3.40 Mar Feb tfraaillan 8c Feb Brewis Red 2.9 Vi (T 50o 50c Sherritt-Gordon Mines Ltd Sigma Mines (Quebec) Mar Feb Ltd Mines Ltd-.- Mines Ltd 1 Gold ♦ Stadacona Mines (1944) Ltd Standard Gold Rock 500 1.40 Jan 3.45 2,400 2.90 Jan 6.65 100 • 1.57 1.57 1.06 Mines Iron • Ltd— 1 Mines Sullivan Cons ; Tiblemont Gold Fields Ltd—. Torbrlt Silver Mines Ltd United Asbestos Corp Ltd——; Ltd 20,200 a40c 667 7 Vic 2,000 8.50 700 7.90 Lake Feb 2.90 24V»' • 1 ; — • — Oil American 30% common^— ' 21 — 6,500 21 Ventures , Ltd 3.00 1 pfd—; 100 preferred 30%. 31 %" 1 „ 100 Jan 1.59 Mar British 1.30 Mar 45c Packers class 7%c Vinray Malartic Power ■ • class A_ V >•. . 1 • , Broulan Bruck 15%- 11% — 33% 30 1 Westville Mines 28 V* Feb 11% 11% 11%. 8VaC 9c 1 1.57 1.45 1.62 • 1.05 Jan Buffalo Canadian 300 15% Feb Buffalo Red 2,000 7%c Mar 13c Building Products 4%c 2,000 2Vic 5%c Feb 96c Mar 10% 1.20 Jan Jan Jan Bulldog 10 10 Feb - 42c 6.100 35c Feb 45c Jan Burns <fc 24c, — 1 25c 2,500 24c Mar 33c Jan Burrara 10 1,000 4c 4c 500 1.09 1.09 300 4c __ .'■■'H Mar 3%c • 14 Feb 6c • Anaconda ♦ Oil Co Ltd 6.30 Leduc Oils Ltd 6.20 Feb Co Gaspe Oil Ventures Ltd Jan 8.90 Feb 12% 600 38c 4,000 33c Jan 38c Exploration Pacific • Pan Petroleums 23c Jan 31c 20% 1.03 Jan Feb 14% Feb 12c 1.20 Jan 5c , 1.70 Jan • Jan 23c . Jan Jan 38c Jan 31 Feb 9c Jan 17 %c 35 Feb Jan 29C Jan 1.48 8.90 300 6.15 Jan Calvan 1,500 1.35 Jan 1.48 1.50 1,500 17 2,673 597 1.70 Jan 2.82 Ltd™* 1.40 1.35 1.42 47,500 1.24 Jan * 4c 1.45 Jan 1.65 Jan 14 18% Mar Jan 4c 4c 4,000 Mar 7c 8c 13,000 7% 23 Feb 44 J Mar Jan 8% Mar 6c Jan 18 100 16% Feb 13 690 7.50 Jan 12% Feb 39c 271,750 5c 1.06 Jan 21,350 80c Jan 3,100 21c Jan . 37c 29c 1.27 • 27 Vac • Ltd 1.25 1.37 26c :27 %c 9.50 9.65 200 36c 36c 500 36c Mar 1 1.05 1.05 1.10 1,242 85c Jan 1.60 1.06 1.10 9,500 85c Jan Jan 10 A 2.35 2.60 52 52% 15 62% 63 116 20 class 28 Va 28 Va ■ 10c Jan ' . Feb Mar ' Permanent ' 1.37 Mar 32c Feb Bank Canadian 22 40 51 195 41 41 70 34 185 32 26 Jan 6% 50 Feb '29% , . Jan 75 ' Mar 19% Jan 56 ; 28 Va Mar 25 7% 705 '2.90 Jan Jan 33% 20 Jan Mar 22% Jan Feb 8 Jan: Mar 51% 40% Mar Feb 44 Feb 36% Mar Jan 50 105 43% Jan 54% Jan 33 33 125 24% Jan 37% Feb 45% 45 45% 93 43% Jan 50 Feb 10 10 10 200 9 Jan 10 Feb 50 • ' HIlO Commerce of 60 5.00 Mar Jan 49 50 34 IHEo Bakeries Canadian 105 :H- 2.10 Jan 53% 7% SS Lines common.. Mortgage vtj 25% 3.90 21% 51 # ^ CO 25% O A. ——.— Preferred Exchange 5,300 2.40 62% __<r Canada Toronto Stock 3,800 52% • ' Stone Canada Canadian 4.75 50 preferred. — Packers Class Feb 4.60 — Canada Jan B Iron Foundry common-*1—10 # Machinery • Malting Canada Feb 49c class Crushed Canada 1.10 Mar 7.80 4.75 —1 Bread Cement common— Canada 4%C Feb "H- „• Jan ■> 11 %c :11%C 11 Vac 1 Oils Canada Feb __<■ __ Jan 40 55 18 7c — • • Petroleums Preferred 1.42 Mar 1 18 90 8 8 # preferred Canada 2.29 Mar 1.80 Western Oils Ltd 2nd Canada 8.90 Mar 2.30 16 >f 110 44 44 44 1 Linen Campbell Red Lake 8.50 1.80 Phillips Oil Co Ltd Superior Oils Ltd— - 3,000 • Calmont Oils 2.70 Mar 16 1 _ 6.50 Feb Feb Jan 1.80 • ; Ltd— Ltd 24c 22c - & Edmonton Calnorth Mar 4,000 2.30 J " 515 20% <■ „—. A Callinan Flin Flon Feb 2.35 2.25 __ 1 6.65 * Home Oil Co Ltd National Petroleums Corp Ltd New British & Dominion Oil Omnitrans 5,500 22c • class Caldcr Bousauet 25%c Mar 27c 27 Vic ;; * 40 Jan Mar 38c „ • 4.75 22c 2.30 „ • Federated Petroleums Ltd Garnet Oils Limited 950 13,725 38c „* — 6.30 all% all% * Dalhousie Oil Co Ltd Decalta Oils Ltd— 5%C 33% 23c 32% i—in Gold class A Calgary 24Vic 25Vic 24Vic Calgary & Edmonton Corporation Ltd.* Central Feb 32% 'r Jan.- 3% Feb Jan 1.48 1.09 Mar ' ' Anglo-Canadian Oil Co Ltd ' 27c 5c 32% 27c • Burlington Steel 38c 38c 1 _ Stocks— Jan fr%c Mar 3,425 43,300 nnii Lake Yellowknife Caldwell Oil . 15 4.10 Jan 6,000 B 1 Feb Feb 16% Mar Jan 70c 35 9c 7%c „ 1 Ltd Yukeno Mines 2.20 - Jan Oc Jan 13%- Jan 18,100 1 class 90 7 Feb ny2 8,200 Jan " 101% 5%c 2,335 1-05 • Mills Jan 1,530 5% 99c - Mart-.-. 9% 5% 1.04 84 99" 200 32 31 5'/4 Porcupine 4%c __ • Western Ashley Minerals Ltd Amulet Mines Ltd Wendell Mineral Products c 5c Jan Jan I 28 29%*JanV— * 34% Feb ' 6,150 Buffalo Ankerite 3.70 Jan Mar 1.20 16c Mar f'- - Waite , 22,700 Jan Jan 9c 21 25 70 7%C 31% * Class B Jan Jan 94c "HI 1 Mines Ltd 2.05 4c Feb 15 Vi Mar " 2,155 ,84" 15% • Columbia - 7Vic (A__ B British 84 100% 100 Vi" - , Jan 12c 10.75 Columbia Class 7%c __ Ltd—. 15.000 12% 27% Feb Jan. Jan 4%%.- 11% l.oi • Mines 6,400 4 Vic 1.95 1,98 1 — Vllbona Gold 3.15 4c __ Mar 14% Jan 25 Buffadison Gold 1 , 12 17% Feb 22 5,130 llC-^ 10c ■ British Columbia Forest Producti Jan 2iV* w 475 15% 23% High • - 15%-Feb- 25 ' O) 6.65 Mar Jan 38c Lo» 250 12" " British Columbia Elec 4% Mar 4.65 7 Vic Mar ,16 12 :14i% Traction Jan 1.00 60c 8.46 3.05 7c 1.75 - 6.65 Mar 7 Vic __ 1 Jan a36c __ 1 ;. Mines a36c 4c 400 1.00 1.05 \ , Steep 23,500 1.65 3.20 ■ 1 Slscoe , 3,40 5c 1.65 1 Silver Miller .! 4%c 6.05 -1 _ 5c , <• 15% RaagfeShtee Jan. 1 Jan Bright Shares High ■ — Roofing class A— * Light ti Pwr com_* 23c for Week Low — . " Salea->• - Range of Prices - V Cordage class A B «ruisn Santiago Mines Ltd Sheep Creek Gold Mines Ltd Week'* Last Sale Price Range-Since Jan. 1 High 5 Vic l Shares a35c *, ' ' 21c Friday , •TOCKS far Week of Prices Low Quebec Chlbougamau Goldfields 1 Quebec Labrador Development Co Ltd-1 Quebec Manitou Mines— I . Sales- Range Sale Price Par , Week's ~ 25% 25 26 930 25 Mar 28 % Feb 19% 19% 19% 1,700 17 Jan 20% Feb 27 26% 27 680- 24% Jan 27% 15% 15% 16 265 13% Jan 17% Feb 17 Va 17% 18 Va 200 16 Jan 19 Feb 57% 57 60 21 21 42 40 Va 43 250 63 • Breweries 63 20 Canadian Funds Friday Canadian Week's Range for Week of Prices Canadian Sales Last Sale Price STOCKS Canners Car common • common :nI20 Class A Shares Range Since Jan. 1 Feb '' Low <■-V- 'Par Abitibi Power $1.50 & Paper common—; Preferred High Canadian New Celanese * 54% Vi 54% 2,940 42% Jan 61 20 25 24% 25 2,900 24% Jan 25% Mar Canadian ■» 19% 19 Vi 19% 525 Canadian Food —„—II100 20% 103'% ; class A —— II —— New common <■ 52 103 103% 7% 7 19 Vi Mar 110 7% 100% 2,135 7 Feb Acadia-Uranium Acme Gas & Alberta Pacific Algoma 1 — Oil Yellow II.IIIIIl Cons.. _1 1 III—III 91 24% 104 Feb Mar Feb Canadian Feb 8% 95 1.15 37c ' Mar 61c — Jan 45c 1 1 1.00 35% Mar 107% »■ rv Gold Armistice * ' 1 I" ~""i 24% Mar 26Vi — Jan 26c Jan 1.04 4,500 76c Jan 6Vic Jan 9c 10c 9,800 2.75 12,575 *" "0 '•> 2.45 6.25 class 1.14 13c Castle a!_ 6,465 4.60 Jan 6.65 10% Jan 13% 4,000 49,155 18c Jan 38c Jan 74 %c Feb 58c 55c 58c 32c Jan 5%c 7c 9,200 5c Jan 13c 13c 1,500 12c Mar 20c 22c 2,000 13 Vic Jan 1.1 11% 940 .* 28c 31c 18,200 23c 13c 15c 14,000 lie 2.35 95,250 12% 12% -1 -1 IIIII Consolidated Montreal of Nova of Toronto Barnat Mines Metals Bathurst Class Beatty .10 r 29c 9c Bertram II Mines Class —25 :—„ 1 — Hats ,-1 Gold Gold Boymar Bralorne Mines 11,250 V-HV 5 810 « I I__" .HUH —1 Mar 43c #W footnote* sefr page 43. -1 Feb Mar Feb 103 Va - Jan 1.09 22 Jan Jan 2.10 Feb 1.44 . Jan 2.60 .. * Jan Jan 3.00 55 %C Mar Jan 74c Jan 30c Feb 20c . 8,500 8% 8% 50 1.15 __ 12c 82c Jan 16c Jan 500 9c 3,000 " 75c Mar- 8 Mar- Feb 1.02 Feb : 8% Mar • .j, Mines '^pekshutt 2.41Mar ,:[.Feb — Plow Yellowknife ' . , Commonwealth 25c 3,000 21c Mar 36c -Jan 17 25 17 %c, 17 %c 22c 37,900 15c Jan 72c Mar 80c 87c 41,350 1.70 1.80 8,600 25%- 25% 40 26 27% — Mar. 7c 14% Feb 1.46 25 Jan Feb 17 Mar 33c i Mar 98c ; Feb 1.98 Jan1. Jan 25% * Jan 26 Mar 10c Jan Consolidated Bakeries Mar 36c Jan Consolidated Beattle Mines—: 3.65 Jan Consolidated Cent 11c Mar 840* 32 22% Jan * Feb 3%c 4c 5,000 1.50 400 2.00 20c Conduits National — _1 — 2.00 2.10 13% 13% 13% 1.35 1.35 200 1.35 Jan 61c 67c 14,100 56 %c Jan 80c Jan 10c 10 %c 4,700 10c Feb 16c Jan 3V4C Jan Gc Feb 1.45 Mar 1.60 Feb 1,375 1,85 Jan 2.35 Feb 200 9V2 Jan 13% Mar 3.30 Mar 15% Feb 15 Vic Mar Coniagas. Mines Coniaurum 5 — Mines * — 30c Jan 2 — - ■ 500 5%c Jan 12c Jan 29 1,185 1 Consolidated Duquesne 28% Mar 32% Feb 39% 40 575 39% Mar 46 Jan Consolidated Howey Consolidated Lebel Oro 38 43 Consolidated 40 760 1.05 9,750 88c 88c 500 80c Jan 95c Jan 59c 62c 39,600 46c Jan 75c Feb 46 44 Va 47 210 40% Jan 47 Feb 25 25 85 17 Jan 27% 11% 11 Va ^95 10% Jan 12 Jan 40 40% 4,864 50c Jan 500 7c Feb 97c 1.05 20,250 88c Jan 42c 1.04 7% Jan Jan Feb* 9 - 78c - Jan 87 %c Mar Jan 1.24 Feb Mining 1 1 35c 2,000 35c Mar 47c 47c 1,000 38c Mar 52cJan 1 8%c 9V4C 8.833 8c Jan 10%c-Jan .. 5 139 136 Gold '—.——2.50 1.20 J 140 1.25 1.25 Smelting— & 743* 126 Jan 52c .-'Jan- —54Va Feb Jan 1.32 Jan , 48c 48c 50c 22 525 41c 44c 4c 7% 39% 11,150 21 Vi 43c Consolidated Consumers Quebec 100 Gas 161 5 * 2.44 2.30 2.44 7,060 • 13% 12 Va 13% 1,575 _• 13 12% 13 500 Class B Cosmos — Imperial 45c Jan Mar 41% Mar 70c Feb Feb 22 41c Jan 68C Feb- 5 Vic 6,300 4c Mar 7% 50 7c Jan ——-60 - 15c 17;G00- • 60c 4,863 5 Vic 5 Vic 16 13c 6c 11.100 " 15c 16c 8%c 9c 5,832 6.60 6.50 6.60 435 Jan 12%c Jan 45c 5c Jan Jan 7% Mar 17 ■\ Davies Feb Decalta 21c Feb Delhi 67c i-i.; 9c Jan Delnite Jan 17c Mar Dei 13c Jan 8.00 Jan Oils — Gold Producers \ Feb 11 Jan 17% Feb Jan 19c Mar Mar •"45c -Jan ;Mar. 130 124 124 126 98 13c 15%c 17.8GC 10 %C 24 %c 12c 29,000 26c 6,800 21V4 * 27c 22 75 9 9% 600 25fVaC 27VaC 35.500 17^%C 21c 2*; 300 9 18C/ 1.45 1.45 1.20 1.10 1.25 13,100 1 18 VaO 17c 19c 23,200 500 17% 124- Jan 11c lOVac Mar 18c Yellowknife' — .1 36c 35c 38 %c~ - 13,619 22 Jan 8V^ 21c Feb Mar 23c - Jan Feb 22c Jan 32c 20% Jan 24 Jan Feb Feb - 10% -Jan 32c 16VaC»Feb Feb 28c 1.25- Jan 1.95 Jan 29c Jan - 1.65 Feb Jan Jan «;1.40 %Jan 12%c Feb- " Discovery Jan 10c 1 : Feb 2.50 17% '30c 1 Ltd Minerals 165% Jan Jan 355 14c 0 Ltd—1 Mines Mines. Rio Detta Ltd (Temagami) 1.75 4,800 .* — -Jan 10 Va 2,500 34c * A B Feb Mar Jan 1 160 1.30 Mar 19 30c 1 Petroleum Class 8c €.00 —— — D'Aragon Mines 6c 8.500 8%c 14 % Jan -1 -—:—-1 ——100 Patricia 19 1.20 Mar 16 Vac 17 Vac * .' —u Trust Crowshore Davis Leather class 7 59c -80c Mills Mines Pershing Feb 5.300 Crown —: —1, 160 1,060 Corby (H) Distillery class A Croinor 20% • 10 V4C Feb Feb 40% 18,200 8%c 8V8 1 1.80 t 6%c 38 100 56c 8%c 55c , ' 28 Va 1.00 8% 52 Vac —* ;; Cadillac 6 Vac 33 62c 1 Consolidated Cordusun Oils — Mar 21c 87c Petroleum 1,041 18c Jan — 9.100 12,175 >80c 1.72 „— 11,000 20c Jan Com moil 21c 18c —an 42c 1.45 cCplQmac 3.30 Jan 13c 2,683- 21c -25 — Consolidated Astoria 2.90 24,000 ' ._1 20c Jan Mar 1.45 13,006 8c 47c 8c -1 3.25 2.35 Jan Jan 96c 1.26 7c 45c 17 Willans 3.25 7%c 1.25 Jan nm(crb !2%;Mar Lode-Silver 7c -1 "" H ' 23 32% Jan 2.05 75c 46c -1 7%c -1 -1 '' Feb Jan 102 . Mar 13% 300 12c — 1 Ltd: Mines 7c 16 ; 101 600 18 %C 19 %C ■ ..A 7c -1 I « 60c common. 11c ) Gold Bordulac 56c — Citra-Lartic Cochenour common preferred Bobjo Mines — Bo a vi lie 60c ^^1. * 1 13% Mar A Bonetai 17,950 — 1,500 21% class Gold Biltmore 2.45 _50c ; Knitting Crestaurura Bidgood Kirkland 2.45 2.30 ^ 3,130 0 ~~I_I~~I"~~ Sons 1.25 2.36 2.45 _• Gold Bar Cobalt 11% ■ & Chimo Circle Feb 1 0 Telephone Bevcourt 1.25 2.45 Research .Feb ..I-aV's 60c A~~~~ B Bellekeno Jan Conwest Exploration class Bros Jan 23% 18 Wines tiPpchrane Dunlop preferred 2,.05 Janq 9 • 88c Mining Power 36% 81 Vac ; - Jan 99 19c Che'sterville Mines 20Vic Jan 1.04 —IIIHIIIII Co Ltd Chemical ' 8Vic Jan ■■ Bank Barymin (18 115 11,329 * 12c 29 755 101 27% 101 1 3.20 40 22% 17 Ltd 14% .10 Jan Jan 101 Gold 14 Vi .10 26 Va 63 %C 1 55,000 10,300 -1 —-II HI Scotia 200 3,050 25% mil 3.00 20C 28 —• 11c — of ■ 8%- Jjm.') 2.20 1 Bank ; 14c 8 Vic- 1111111111111 Feb 66c 17% <■ T—— Cheskirk Mines /vt; Aumaque 70 22% —100 : Oil Co Chateau-Gai Feb 5 Vic 14 s Jan 56% Feb 917 20c 21 Vic 11% Jan Feb 100 Porcupine Centremaque Feb 6.45 2.29 HIII Bank 39 %c 11% 20c 1 --,-1 Mines Mar Feb 23% 51 27 25 Vickers Leduc Central Feb 5.95 -_10 Aubelle Mines Bankfield 25c —1 -—II—IHIII IIIIIIX* Gold 45,300 68 Mar Or ' — Yellowknlfe ? Jan 21 22% ""*100 _ Trethewey Central Feb 3.15 Jan 50% 27%- Jan 28 65c _* common Feb 11% (1937)— Steels Bagamac 38c —1 — Hardware Atlantic Oil 33c 1 .,,-7"'.————-'. .u__ Mines 38c 1 _ —— III"" —Hill—~ Corp' IIIIIIIII Ashdown Aunor Cos Cariboo Gold Feb 18c ' " * _ ,/-V Ascot Metals Bell Oils preierred Canadian Jan 6,970 4,500 2.56 25 65c ■ • Canadian Pacific Railway Canadian Utilities preferred Feb 25 10c ;-H.———HIIII* ; ,.V:;,,/ ~v~ Athona • 450 v.'V, Mar Vic 18c 18 I.IOO pfd Malartic Charter Oil Porcupine ' Area Mines Argus Corp common — Base 5% Jan 1.42 Jan Products Locomotive Canadian Jan 19c Jan Jan « Feb Jan ' — * 935 93% 2.65 '■ Atlas 28 1.01 Aquarius Atlas 655 94% Anglo Rouyn Mines —H—' Ankeno Mines — " Apex Consolidated Rei—I""* Arjon 2,860 24% _______ ; 44c 30% — — Anglo-Huronian V- 43c 29% -1 Petroleums,— Anglo-Canadian Oil"——HIIII •r 10c 4,540 -25 Anchor '{ 33c 8,700 pfd" Anacon Lead '( 3,400 12c 1.26 43c *> Larder Nepheline Yellowknlfe American V ZH25 — Central Patricia Gold Mines—x—. American • 34c 19c 1.26 H—I —i Aluminum Co of Canada Amalgamated 33c 1.22 <■ — Knife Steel Aluminium Ltd common preferred Canadian Akaitcho • Dredge preferred Acadia-Atlantic High Low 1 21c " Mar 43c Jan - Volume 173 Number 4999 . , The Commercial and Financial Chronicle . (1409).41 CANADIAN LISTED MARKETS RANGE FOR WEEK ENDED MARCH Week's Last Ranee for Week Sale Price of Prices 80 Sales Friday * STOCKS Friday 4 Par Distillers Dome Seagrams Dominion 29% 6,005 18>A 1,179 28'A 28% 225 28 43'A 44 Va 380 40 99 red sinking fund preferred-100 100 99 Va 100 12% 12% 13'A 850 Zi Steel Dominion & Coal 10 10 10'/8 class 31'A 30% 32 1,535 13'A Stores 13 13'A 1,455 34'A 34'A 34'A 15 21 21 15 15 105 49c 53'Ac 36,700 ; Dominion Tar & Chemical Preferred Dominion Donalda B common- _ Donnell & 21 23,.50 _ Textile common •*.. II Mines Mudge ' 50c 5'A _# common Zi Duvay Gold Mines Amphi 9c 1 t : 11'A 27 Jan Jan 14'/2 36 Jan 20'A Jan Jan 16% 65c 3.75 6.00 5c Jan 8c 8c Mar 13,900 52c 8.30 8,890 7.40 7'A 1,250 6'A 6c 6c 300 64'A 64'A 40 61c 1 22c 22c 23c 27,900 : 1 Fen-Rey 11c 10c 8'A Equitable. Life Insurance Estabrooks H) Jan 19'A Jan 68'/2 32c Jan 22c 10c Mar Jan 15c 8c Federated 23% —22 21% 5'Ac Jan 21% 21% 45 21% Mar 11 11 80 10 Jan 12 _25 22 22 340 22 Mar 23 1.90 1.85 2.10 86c 86c 90c * 1.85 Mar 18,900 8,700" 82c 2.85 Cos 11 3,690 8.40 Jan 13'A 650 16'A Jan 18% Gair 31 31'A 400 30%;Mar 33% • 12 50 11% Jan, 15% 24 1,415 22 Jan 24 4%c 1,100 4'Ac Jan 8.25 8.65 8.95 17,445 , 11 8% 40c ■ 4.85 500 25 4,200 1.40 61 60'A C4'A 1,457 48'A Jan * A_—_ 52 52 52 90 90 90 » 3.35 3.25 3.45 95 95 28 2.30 2.20 2.35 37,850 2.30 2.22 2.35 18,050 19% 19'A 19% 645 105 105% 75 common 100 f • Osu Shore Luz 20 70 ' ■ 90 , 54 Goldale Jan 94 Little 95'A Ltd Long A '' * MacDonald Feb Macfie Red class 565 17'A Jan 2%c 2%c 1,000 2'Ac Jan 41c 7,300 37c Jan 16%c 15c 15c Mar 6.10 Louvicourt 19C 19c 6,150 8c 8c 2,000 8c 8'AC 7,100 6.70 6.45 6.80 19,100 6c 4%c 6c 15,500 6c 6C 6'Ac 10.500 — — 8c ' __ 5c Jan •' 4c 5c Malartic Jan 5.75 Jan 6c Mar 3c Jan 37% 6,790 Jan 38'A 48'A 510 46'A Jan 48'A Feb 27 535 24 Jan 30 Feb — '* » 105 IZIZZZIi . 30 5% Feb Jan 9c 7% 12,600 Jan 21c 4'Ac 5,000 3%c Jan 24% 24'A 1,345 21% Jan Jan Jan 1 12'A Jan * 21c Jan a • 24'A 14'Ac 2%C — ■23c .» •* y ■ !■ I,. m inn- qr 1 13c 14%C 20,880 6c 2%c 4,100 2c 2%c 16 16 50 22'Ac 24c 28,800 12 10c 14c ;• •, 9 9 9'A 50 6,300 11'A '< 25 V 18c | Feb *' 4"Ac'Jan 19%' T-^b <v •> > i </> 40c ' » 12% Feb 9 Jan 25c Jan Feb 2c 3'Ac 21 60 48c 51'Ac II,000 130 Feb 4'Ac Jan 7'A Mar 133,595 21 14'/2; 7c 2'Ac Jan 250 ^ 54,200 2c „ 51'Ac 1.09 1.07 1.10 8 'A Jan Feb 14 Jan 15'A 19c Feb 35c 2c Mar 3'Ac Mar Mar 22 Mar Feb 55c Mar Jan 1.20 7c 44c 13,000 ll'Ac 14'Ac 21 6,100 6c 14'Ac 76c 56,200 78c 1.00 Feb 81c 5'Ac Mar Jan 10c Jan Mar 5c Jan 18c 55c 8,690 Jan 1.09 Jan 32 32'A 493 31% Jan 34'A Feb 32 __ 32 »/e :—1 32 Vo 237 31% Jan 35 % Feb 10c Jan ' 5'Ac 6'Ac 7c 5'Ac Mar 20,998 9% 10 160 18c 18c 20c 20c 19c 21c 3,500 17,500 8,000 * 8'A 11 Feb Mar 22c Jan 17%c Jan 35c Jan 12c Jan 20c Feb 2.48 Jan Jan 17c > 3,300 1 1.15 98c 1.18 100,255 85c Jan Lake.. 1 11c 10'Ac ll'Ac 33,000 9c Jan 1 6c 14,500 6c Jan — - 1 6c 1.15 1.20 6'Ac 1.82 Jan 1.32 Feb 15c Jan 8'Ac Jan 1 1.30 1.05 Jan 2.82 3.05 22,125 2.01 Jan _* Gold 19% 19'A 19% 1,953 16% Jan 21 _♦ 19% 19'A 19% 3,555 16% Jan 21% Feb 1 2.20 2.15 2.24 9,250 2.10 Jan 2.75 Jan Mines 1 Lake Gold Mines 2.97 31,850 1 23c 18c 24c 19,200 1 2.30 2.21 2.30 9,900 2.05 * 2%c 2'Ac 2%c 2,100 2c • 15 15 300 1 5c 5c 749 5c 1.85 Feb 3.95 Jan Mar 10,500 10c Mar 1,500 8c Jan , Eastern Milling ; Malartic Mines Ltd 22c 10c 10'/8c 1 : 12c 8%c 1 Gold 10c : * 12% 12 12% 30c Jan Feb Jan 2.90 Jan Jan 3Vac Jan Jan 13 13,260 1 44c 33'Ac 54c 10,750 • 24 23% 25 2,235 97 98 30 32'Ac 37c 51,700 common new common lOOf Preferred 15% Feb 7c Feb Jan. 11 Mar 25c 17'Ac Feb 12'Ac Jan Mar 13 Mar 62c Lake Gold Mining Metals 9'A Mar Model Oils 69c Feb '•% Feb Jan 11 50 11 Mar 10c 12c 28,650 7c Jan 98c 99c 2,700 85c Jan 4'Ac 3,000 4'Ac Mar Containers class Works 18c 7,500 76c 12 Feb Moneta Knitting 9c Jan 9'Ac 10c 9,060 9c Jan '12c 13c 2,500 5c 5c 300 ll'Ac 12'Ac 25,500 10'Ac Mar 505 21'A Mar 20c Feb Moore 1.15 Feb Morrison 6'Ac Jan / ' 4,100 1,50 Jan 2.10 Jan 6,400 1.50 Mar 2.20 Jan 16 16% 50c 4,500 18 »A 50 18c 16 940 48c 18'A 16% • 50c' V 403 Mar 20 17'Ac _* . v.v Jan 50c 18 Feb 19 Jan 18c 12'Ac .Feb : 42c 17% 25'A 50 20 36b 1,000 35c ' Jan 36c Feb Mar Jan Mar — 12'A 172 , Jan , 17% Mar 25'A Mar 44c Jan • 15% 14 16 1,465 14 • — 27 25 27 1,415 24'A Feb 29% Jan 5c 5c 50 4c Feb 6c Mar 9c 9'Ac 13,300 9c Mar 14c Jan 22'A Jan —— 1 18c 29% Feb National Jan 16% Feb National Drug Grocers common 9C Mar ' 19'A Feb Mar Jan 16 6C 16% 14 3,178 7c 6c 8,500 60s 6c 23,630 6c i 500 5'Ac 50c Jan Mar Breweries 8'A 8'A 13 13'A 12c " • 29 29 29'A 140 Petroleum * 1.75 1.75 1.85 6,800 Jan 2.40 Feb National Sewer 46% 48 780 45 Feb 48'A Jan 28% 29 '/a 190 27'A Jan 31'A Feb — Pipe Jan New class A 38% 10.501 27% 39% Mar New Eidlamaque 12% New British New Calumet Jan 1,215 12 2,200 24'A Mar Mar 28 34 34 20 31 8% 9 Jan 62'A 13 Negus • Mines 1 —— Jan 33 Mar Jan 35 Dominion Oil Mines New Dickenson Mines— — 1 85c — — — 80 c 90c 4,800 71c Jan 1.40 9c 9'Ac 5,167 7%c Jan 14c Mar 5c 5c 1,100 4'AcMar 7c Jan Jan 1.50 Jan • 1.43 1.34 1.49 191,593 1.19 Feb 1 3.00 2.86 3.05 9,925 2.65 Jan 3.65 Feb X, 1.26 1.26 1.31 5,474 1.10 Jan 1.45 Jan Mar New 1 Goldvue 25p 8% Jan 16'A 320 14'A Jan 18'A Feb New Jason 43c 14,900 43c Jan 55c Jan New Laguerre . . 29'A Mar an Jan > 28% 1.65 Feb 25% Mar 7c * • Alger 3678 295 Jan Hosiery class B National Jan 31 27 National Jan Feb 30c 30 Feb Jan 36'A 4C Feb 13'A 9c 31'A Mar 3,000 9'A Jan 8Ve 1,675 67c 55'A Mar 5c Jan 12 10 13'A Jan 21}Ac Jan 4'Ac 19% Mar 150 8'A • — Mar 965 n 21 common__5 18'A Mar 415 24% 19% * common & Chemical 8,250 45C Jan 1.80 1.75 25'A Jan 32 tm' 26'A 1.75 17% 10'A 24c 34 Feb 20'Ac Jan 1.55 * A Mar 1.75 17% 10c 58'A — 5% Mar ... common 57'A • 23 5 25'A Brass 31% 30'A 21'A 23 14c 7'AC Jan 1.60 ♦ Mylamaque Mines Corp 22'Ac 1 12c 13'Ac Jan Mir 24c ■ 10c 1 24'A 12 43. Jan 4 155 24'A 1 4c ——_—r———_" 3,430 Imperial Tobacco of Canada ordinary_5 4ft preferred Inspiration Mining 4,000 « common Mortgage 28 38 YB * 5'Ac • Porcupine 57% 10 32 Jan 5c [III — 14% • A Feb 54c _—— - 14'A 15'Ac 50c & Co 70 Feb ——1 Tool Monarch 7c 44c 6C preferred Feb Jan 44c • — Modern Monarch 7,600 4,600 6'Ac * 37c 53'A ; 27% common Jan 70 9,800 1*13750 Corp •. 10'Ac Mar 9c 16C „: 21c 62 • Corp V Jan 55c 14% Imperial Oil Jan Jan 55c 4'Ac • 1 99 50c 61 'A • 1 Mid-Continent' #11,214 Midland & Pacihd;(0rain Milton Brick 18c 46.400 12c Hudson Bay Mining & Smelting Hugh-Pam Porcupine Imperial Bank 25% Mar Feb 47c 34c 61'A -1 — Light & Power pfd—_ null ■» 93c 12,600 14c 99c Mines— Feb Jan 93 1 Gold Red Jan 67c lie 11 L. 63c 18% 1 • 5 1 Lake Red McMarmac 10'Ac Mar 63c common •- 27c : Export class A Mindamar Jan 20'Ac 55c For footnotes see page 10,500 21c — J(an Jan 12'AC class Jan 6c 3'Ac Mar. Mines Leaf Mexican ma, . > ' ' Ffeb Jan 64c Lake Machine Feb 15c McWatters «■ 8c Jan •••>'. ) 10 32,200 __ . Yellovrkaife SI.60 2.40 6,75 Jan Jan 5c 5,000 14'A —— National Steel Car - 184 Jan 5.25 : Jan 6'Ac 75 12C * 16 Inglis (John) Feb Jan * lie 12'Ac Mining Ingersoli 12 40c 1.97 & McLeilan ' Mines Acceptance 5c 22c • McDougall Segur Mclntyre Porcupine 7% Mar 4c Oil Industrial s 14'A Matarrow Lead Feb 23c 12'Ac Jan 8c Indian .Lake 7% • National Homer Jan 29'Ac Jan Feb 52'A • 7% Dauch Hosco Gold 35c Feb 48 Hollinger Consol Hoyle Feb 6'Ac Jan Jan 14c Massey-Harris Feb 8c 34'/2 — Home 1,340 3'Ac" Goldfields Marbenor 8'Ac Jan 26'A 37 »A 48'A Highland-Bell Highbridge Mining Highwood Sarcee & 4,000 2.30 7'A A Montreal Locomotive Hinde 205 5'Ac „ 1 Maralgo Mines Jan 8,100 Gold Gold Mines Jan 1.14 7.40 Mar 9'Ac 18c Hedley Mascot Heva 5.85 5c — * , Manitoba 15c : m—.-1 Hendershot Paper 2.15 5.75 ' 2%c - Consol Jan 12c 4%c Mar 6,000 35c 37'Ac Red Jan Jan 1.91 Magnet Jan 14c 16'Ac of the Lakes Iron Heath 8.50 26c 15c Red 23c Mar Gold Headway 2.15 _• class i&L Modern •Head 5,950 > " Hasaga 1,110 38c 1.94 Madsen Jan Mar — _ 10'A Mines Mar 8c 7'Ac Jan 50 9 class A 9.60 55c Jan 93 Gold (J F) 10 1 Mines Mackeno 20 Harding Carpets Hartz Mar 35c Yellowknife MacMillan 58c /•' i Harricana 19c - 35c —— A oils—: MacLeod-Cockshutt 160 1 Gold 2,500 24c 10'A Goldfields Feb 11c 99 Bridge Rock Hard Mar 20c __ 1 Feb 8.10 ■" 50'A Swayze Hamilton Jan 21c 3'Ac ! Feb 22'Ac Jan 99 IZZ1Z-Z-Z* Halliwell Gold 4c 4,850 Jan 20% Mar 50 preferred- ' 2,000 1 River 20'A 37'Ac 9 ^ 4'Ac 1 Petroleums. Island Jan 3.50 50 Gypsum Lime & Alabastlne,,. Halcrow Mar _3 Lomega Gold Mines Ltd Hosiery class A Long 109'/2 Jan 99 * Gwillim Lake Gold 78c 21c 23'Ac __ 21c —♦ 110 Jan Jan common- — 8,000 3'Ac — London ' 1 Mines 90c 4'Ac 85c • B McKenzie Lead 78c 6.10 Feb 19% Jan Mar • class : Groceterias Class Macassa 7c • ' Gulf 37c Jan 1.32 Feb II—ZI—50 preferred Felt 5,640 7,300 3'Ac Mines Lac Jan 3,500 1 Bousquet West 8.60 37c 38'Ac — 1.09 . V : McColl-Frontenac Great 8.50 1' 20% 3,724 1 Coal 8.30 Feb Jan 1 Gold Jan 14,000 • Goodyear Tire common. A 17'A 1 Consolidated 17% 17c 1 Mines West 400 5.75 Jones 2.35 Mar 7.15 — Goodfish Mining Class 18 Va Jan Feb 68c Jan 18% Feb 19'A Mar 77c 1 ——-— & 2.35 Mar 7'Ac 1 Great Lakes Paper 80c 10,200 24c .20c Jan 17,895 • Mines Marcus Great 37c 84c 1.20 1 ; Secord Maple Graham I,600 80c 1.15 __ 1 Island Jan 7.00 1 I 50c 83c 1 Acceptance 1.45 7'Ac 1 Preferred 50c Jan 1.17 , Gold 1.25 2.30 19% 17c .l—— Manitou Goldora Jan Mines——: "U" LoHlaw Jan 103'A 19% 7.00 Mines—— Porcupine Jan 12c 13c Feb V* Goldhawk 16'/a 1 Lencourt Gold Feb 4.65 - Feb • Mines Golden 22,500 Mar 4,852 Mines Mines Jan 1 Gold Eagle Feb 16 18'/a Class B Gold 18 \ Leitch Feb 95 Mar 2.70 *108% 3.20 —1 •Ooldcrest Gold 225 12,525 Ltd ■ Leduc Feb 5 3.00 1 Mines Glenora Gold Lake 17 16c • Mines Rights Feb 1,525 109'A 109'A ' 1 Lake Lake God's Jan 16 21c ; Cadillac Lavalie Jan Feb 3.00 • common Gold Feb 17c " • Yellowknife 24c Feb 17% • Macho Giant Jftn 10c Mar 3.05 Jan 39'A 8,465 Bakeries Geneva 16c 10,541 19c Lexindin Gold 60 —100 preferred preferred Gililes 1.30 Mar 12,500 15c Gold Laura Jan 43c Jan —• Wares Jan Feb 12c 17'A 1 Larder 8% Mar Feb 2.40 5'A ft General Steel 65c 1.10 19c 16c Mines Lynx General 4f5,550 17c ' 16 1 Lapaska Mines Feb 12 'A Feb 8'A 2.15 100 Power 5ft 1.30 an IOV2C Jan Jan 21c Fortune 9.10 Mar 10% Mar 38c 2.1.5 Oils Ltd Gatineau Mar Mar 8c Jan * Garnet Oils Ltd . 60c 7'Ac 17% Dufault Lawson 30 40c «... 11 8% 11 0 » ; 12 23% 4'Ac • Garrison 3,000 44,500 19c ll'Ac „ 1 La Feb- ♦ common preferred Co 18c 8c 67c 1.17 1.23 • — Gold Lamaque Feb' 23% • common bc 60c __ 66c » Ltd Feb 17'A —1 1- preferred Exploration Mar 1 ,v 10'A 1G% 31 preferred- 111Z20 (A J) 5c 1 (John) Lake Jan 17 « common Ford Motor class A Freiman 43,340 Lake Wasa Mining Feb 1.63 Jan 10% mill Fleet Manufacturing Fraser 8'Ac Jan Petroleum Frobisher 5c 1 . Ltd Lake Feb — Ltd common Petroleums Jan 8'Ac Lake Lingman 21% Mar 25 __ Fittings Flank Jan Lake Jan • Products Fibre Mar 44c Jan 20% Jan 1 Kirkland 7c 22c Mar Lake Feb 65 * redeemable $1.40 Jan Mar _1 Lake Laurentide . 5c 13c Mar 10,000 1 Federal. Grain 6,500 27c Labrador Mining & Exploration Feb 61c 6c Players Federal 6c Feb 17'A Mar 1,000 Laduiama 23 * . 22 Fanny Farmer Candy Shops • Jan Mar 5,138 * Mines Oils Labatt Feb 22 preferred Nickel ; — Gold Kirkland Kroy Lapa Famous 13 Jan 42'A 140 28c • — Kirkland-Hudson Feb J.— Corp Falconbridge 2.567 36% Mar 13c 13%C Kerr-Addison 6'A Mar 47'Ac Jan 6,000 16'A 52 27c „ 1 1 Key boy con 9.65 Feb t 5'Ac Empire Brass class A—— ~5ft preference Estella Mines Ltd 11c 59 125 Feb 534,3 __ 1 Mines Mines Kenville Feb ZZZZZ* Gold——— (T ' Gold Kelvinator Jan 80c . 5% Jan • 52,500 , 138 High Jan 1 Quebec Kelore Jan 1.73 Jan 20'/a Gold 11c Jan 7 20 35 39 23c 1 Ltd Jupiter Gils Ltd Kayrand Mining 18'Ac Mar Mar 8.00 52c Joburke Mar 63c 20 * 11,214 140 15% i6'/« 450 33 _1 Mines Joliet Feb 1.20 Mar 59c Eureka Feb 10'Ac Jan 1 Low 46% 37 139 »/2 • L Range Since Jan. 1 High 46% 37% 5/100 __—, Mines Jellicoe Feb 5,000 —20 • • Mining J___ Waite Jaculet Feb Jan 6c Mines Low : 22'/2 Mar 13 46c < A common. ———— Jacknife Gold Jack Jan Jan Shares 34% Feb 12 . class Co International Petroleum Feb 30% _ Metals Nickel Preferred Feb Jan 9,290 Eddy Paper class A Sol Feb 13,300 —25 El 102 1.28 Economic. Investment El Jan 7'A Easy Washing Machine Eldona Feb 8.05 Eastern Steel Elder 49 for Week __ Feb Jan 9% . International International Jan 1.20 1.25 1 Mines Sullivan 20 31 'A 52c 1 East Rim Nickel Mines Jan Sales Range Par Feb 15% 3,000 14'Ac 15 'Ac Malartic -Mines East 7'Ac 34 12% Mar 345 8c 1 East Crest OH East 5'A 7c — * 50 5'A Mar 15% 500 .25 common 28 90 _» Dominion Scottish Invest High Mar * common Dominion Magnesium East 28 18 Va 28% 10 Foundry* & Steel Dominion Low is y. Bank Dominion High 28 Va Ltd Mines "4% ft Low Week's of Prices '/{ Range Since Jan. 1 ^ Last Sale Price STOCKS Shares 9'A Mar New Hugh Malartic 1, 1 Mines 31c 30c 34'Ac . 15,375 26c Jan 40c Mar 12'Ac 12c 14c 14,150 12c Mar 25c Jan 16c 15c 16c 3,578 15c Mar 24c Jan 9c ll'Ac 15,600 9c Mar 19c Jan 4 42 The Commercial and Financial Chronicle (1410) .. ^Monday, April 2, 1951 LISTED MARKETS CANADIAN RANGE FOR WEEK ENDED MARCH 30 Friday Week's Sales Range Friday for Week Last STOCKS— Sale Price Par of Pt ices Low 40,669 2.47 " 1.79 Jan Jan 10c Jan Class B Jan 52c Feb rreierrea Low Week's Last Par High 1 New Marlon Gold 1 — 614c 6%c 1,000 6c 1 35c 31c 35c 28,071 13c 4%c 4%c 5,000 4c Jan 7%c Jan SI ad en 10c 11c 13,400 10c Mar 20c Jan Southam Co 514c 6'/2c 19,750 5Vic Mar 12c Feb South 9Vic 10c 6,525 Feb 14c of Prices Low * Simpson's Ltd class A Newlund Mines Sales for Week Range Sale Price Range Since January 1 High 2.20 STOCKS Shares 38 Vz Shares Range Since January 1 High Low High Feb Mosher New Mines Lac Long 2.32 - Jan 2.53 Siscoe Gold Newnorlh New New Pacalta New 1 — * Oils 9%c 1 — Mar 8c 5Vic Jan 7c — 7c 1,000 9%c 1,237 9c Jan 4 Vic 800 4c Jan 5%c Mar 17c Jan 30c ll%c Jan Mar • 20c 20c 21c 26,100 -5 1.51 1.51 1.68 1,100 Nisto Mines Ltd —1 36c 34c 40c 38,400 34c Mar Gold 1 1.00 1.00 400 85c Jan 76 78 2,335 70% Jan 85 19c, 19c 1,100 7c Jan 25c Mar Jan 5c Feb Nicholson Mines Nipissing Mines - Mines Noranda Nordon Norgold 76 V2 * 1 Corp — —1 Mines 4c — 3Vic 3.000 4c 1.15 Normetal Norpick 1 32c 36c 26,100 30 %c 4.80 5.00 9,190 4.40 4%c 4Vic 47/aC Standard 14,275 60c * ■1 Mines Chemical common — Paving Preferred # 'V _ _ ' -100 Stanley Brock class A 28 55c Jan 75c Jan 100 17% Jan 20% Feb 9%C 2,000 8%C Jan 13c Jan 42C 4,650 36c Jan 46 %c Jan 13 1,075 11% Jan 98% 160 95 Jan 14% 350 > • 28 28 8 25 Mines Northern Canada Northern Extension North Denison North Inca 1 Gold Mines Northland • Co of Steep Sturgeon Jan Sudbury Rock 8 100 7% Feb 8% Mar 6%C 200 5%c Jan 7%C Mar 17% 17% 125 16% Jan 32 31% 32 1,240 30 VA Jan 36 % Mar 33 34 690 30% Jan 36% 4%c 4%c 5c 10,000 8.40 8.40 8.85 17,645 16c • Iron River Mines 1 Gold 16c 1,000 13c Feb 4c 5c 6,900 4c Mar 1 — Contact 1 Cons Mar Superior Oils Mar Sunertest Jan 6c ' 650 45c 6,000 36,400 15c Jan 15c 12c Mar 6 Vic 6c — , —1 (1940) Sullivan 25c Mar 4c 6 Vic 6Vic 1,050 6c Jan 9%c Jan 10,100 6c Jan 8c Feb 5% J Mines 1 • preferred — — • Ltd Mines Nubar 11 Vi 10 HVi 8% 2,510 1 23c 20c 24c -—* 7% G% 8% 1 24c 22c 24c 12,000 O'Brien 1 1.26 1.26 1.35 20c 1,715 Obaska Lake Mines Ltd 5,805 Wood Oakville Gold Mines Ogama-Rockland Oil 1.23 39c — 8c 8c 1,000 8c 13Vic 14c 26,100 12c • 2.63 2.60 2.85 7,200 • O'Leary Malartic Omnitrans Exploration f 17c • ! " 7,100 4c 4 Vic * 14c 8,500 16cl7V2C 4c Taku River Tamblyn Loan Orange Crush Orenada Orlac Lake 2.50 6% * — 1 „. Lake Red Osisko rights Gold 1 Mines 1,700 1,000 5c , 7 10c 5Vic 10,500 1.15 — 1.35 1 3.00 1.39 56,350 4.25 Feb Tombill Gold Pacific Petroleum Cadillac Pandora 13%c 4c Jan 6Vic Feb 1.70 Mar 1.10 Mar 1.00 Jan 1.75 Feb 1 9.60 9.30 9.85 4,615 7.55 Jan 10% Feb 52 54 Vi • * Western Oil Pan -f —10c 315 Parbec ; f— ' . Consol Paymaster - Perron Gold Oil Petroleum & Gas Gold Crow Porcupine Peninsular Reef Gold 1 Powell Gold 31C 1.93 ; 33c 35C 13% 13% 400 16 ' rO 2.02 112% 16 Finance 1' ; class 9c • , 13,500 3.00 3.15 €6c *\ : 38c 26 65C 67C 29c 26 ; Preferred . ' 25c 23c 9,650 1,800 40c 7,650 35c 50c Jan Union Acceptance 7% 7% '7% 40 Mar preferred Gao -9' ' 3%c Mar 7c Jan Union 1,500 3 Vic Mar 5%c Feb United Asbestos 2%c 6%c Mar United United Fuel 61c Jan 27c Feb 33c 30c 32c 1,000 1.75 1.69 1.75 4,420 4.75".. 4.50 4.75 1.23 5c 1.18 6q 1.25 70 69 70 ;; , Jan 1.57 Jan Jan 9,700 ► 5c 1.95 Jan 3.10 6,000 , 4.75 Mar 1.10 Jan 1.40 490 61% Jan 73 Vi Jan 1.00 1.15 Jan 98c — V * — ' 1.00 2,900 98c Mar 95c 25% 95c 500 95c Mar 25% 335 20 Jan 28 20 Vi 20 Vi ; 1.60 • Feb; 91 1.10 Mar 15 Vi Jan 22% Mar 1.64 8,000 1.32 Jan 1.80 2.62 8c 2.85 1,200 2.30 Jan 3.05 Mar . — ;■ 11 Vic 7 Vic Mar 8c 9,500 __ 7% 7% 30 6Vi Jan — 52 52 15 48% Jan — Class B United class Upper 17% Mar 19% Feb 6,500 11c Mar 17c Feb 92c Mar —:* A 38% 38% 25 23% Jan 43 .50 57% 57% 55 55% Jan 59 preferred- preferred-: .25 — 960 19 — Mines 20 1 9.00 80c -1.71 1.70. : 120 9.65 6,825 27,450 20 9.55 83c Canada 2,000 22c II,800 Quebec Manitou 3.15 2.99 3.25 : 13,650 Quesabe Mines Ltd 1 1 * 1 Ranwick Uranium 56c 51c 56c 25 % 25% 25% 8% 52 38c 45c 1 10c 10c 10c Red Poplar Gold Mines Ltd 1 — 19c 19c Redwater-Plccadilly Petro 1 23c 23c 25c Jan 2.33 29,200 Mar 18c 1,485 45c 34c * Jan 50c 9,394 Jan Jan Ventures Ltd 11% — 90c • 1.77 1 34c 34c Vulcan Mines 4.20 4.20 5c — 8c Reno Gold class A * Waite Amulet .33,000 70c 73c ——— Richfield Petroleum * 36c A *„—* 29 Vi common * __ Silk Riverside . class Robertson Mfg Robinson Cotton Little Robinson 5c 52c Jan Jan 3.40 Mar 84c (G Western Ashley Western Homestead 60c 70c 40c 44c * - 11 —* common Lac_—_————— Long Rowan Consolidated Oils Roxana Co .1 Mines 1 ' - : 22c 26c . Royal Bank 10 __ Jan (Geo) * 5,200 Russell Industries common Ryan Lake Mines 1 Winchester Larder 3,515 52 1,000 5%c Jan 10c Jan 7c 2,000 5V4c Jan 13c Jan 22 %C 25c 13,450 21c 25C 28,600 33 33% 1st preferred 2nd St 1 —1 Paper 1st preferred——99 Ban Antonio Sannorm Gold 1 Mines class ; 1 A 30 99 Mar 10 %c 13c 9,700 Jan 44% 1,420 * 100 25 6C 6c 7c 2,500 1.56 1.50 4c Jan Yale Jan Yellorex 43% common :—„— Gold 5.00 Mar Electric Preferred 6%c 4.15 Mar - 10 55 97 16% 6% Feb 7 3Vic Jan 8c Jan 40c Feb ,V.„ Lead IllIlOO ————V _ 1 12,000 7c "Mar 22c 22c 875 22c Mar 27c York 29c 10,200 25c Feb 39c , Knitting class * 28 Vi 540 22% 325 79,600 IJaV-;"™ 16% Md'r ;9%°.Jan C&Vu1 Mat 28 B Mar V' 12% c' 31 • Feb 50c Jan 84c 4,500 10c Jan 17c' 72c Jan 1.10 3.50 4.00 750 Jan 4.00 Mar 1.05 1.18 71,099 tTf Anglo 21% Feb 23% Feb Asbestos 18c 125 125 20 170 102 6,800 Selbum Oil Co Ltd. • 1.75 1.62 1.75 5,650 20c 20c 20c 500 Jan 34c Mar * Newfoundland Brown Corp Co 28% 57% Jan Jan Mar Jan 2.38 Shea's Winnipeg Sheep Creek Brewery __ 35 i9Vic 20c 21c 34 Vi 35 Vi 585 19V4c20%c 22,466 * 32 32 32 50c 1.62 1.60 1.65 1 3.30 3.15 • 20 19% 2,800 30 Sherritt Sicks Gordon Breweries Voting certificates trust Sigma Mines common (Quebec) —^ __ $3 cumulative 2nd 45% Feb 90 Silver Miller Silver 1 Mines Standard 1 Mines 50c Bilverwood Dairies class A Silverwood Western Dairies For footnotes see page 27c 1.62 2.35 Feb Canada & Feb Canada. Vinegars Jan 3.15 Jan Canadian 4Vic Jan 14c Jan Canadian Jan 15% 85c Jan 1.71 Feb Dominion 1.35 10c 19c Jan Jan Jan 1.75 Mar 20c Mar 27c Jan 31% Jan 37% Canadian Marconi Jan 28c Western 2.86 Jan 4.60 Jan International Paper 20 265 18% Jan 20 200 18% Jan 6.80 200 6.25 Jan 25c 30c 12,800 25c Mar 1.55 1.65 33,975 85c Jan 43. 10 Feb 14 Feb 85 39% Jan 53 Feb 11% 10% 11% 2,241 9% Jan 13% Feb 98% 97 98% 154 97 Mar 98% Mar 47 47% 284 47 Mar 47 % Mar 20"% Jan 24% Feb 21 190 14 14 95 13% Feb T5 Feb 55 55 15 49% Jan 61 Feb Feb 21 21 * - 1 22% 34 __1 8% * 71 23 y4 200 20% Jan •24% 33% 34 235 33 Jan 37 4.10 22% 4.10 1,050 3.70 8% 4,080 '6% 7% 71 Jan Jan Mar 4.40 8% 82 Feb Jan Feb Jan 71 71 40 2.35 2.50 400 34% 34% 35% 4,162 38c 40c 52 52 61 62 250 55 Jan 67 35 34 35 225 33 Jan 41 '7% 53% 52% 54 945 52 Mar —5 25% 25% 27 445 21% Jan 27 Feb .100 75 74 75 25 65 Feb *75 Mar 6 51,808 745 11% Jan 38c 3.50 10 Jan 9% 48 * Lumber Hayes 95 — 28% 28% 29 100 26% Jan 29% Mar 5 29% 29% 29% 605 25% Jan 34 Feb 7.80 7.80 700 28 29% 700 2 2 1,750 65c 65c 500 I_5 * - Jan 31 • _% common Coast Copper Consolidated Paper 2,700 10 7 48 * Canadian Westinghouse Feb 95 High 65 5,365 11% -— — Jan 10 LOW 9% 48 —— Morse Investments Industries 1.75 95 Range Since January 1 High 3.90 Mar 1.20 Jan .32% Jan 39% Feb 30 %C Jan 40c Jan 57 Feb Jan 18c General 33 Vi 100 Shares 12 * Jan * pfd _— * Sugar —— Feb 700 ~ preferred——preferred— Fairbank's 1.25 2.50 for Week Feb 6.75 2.35 Feb Feb Feb 20 Vb 105 Vi deHavilland 21% Mar 21 7.50 2.35 Mar 9"% Mar 95 Mar 42c *. w ' • 52 • Aircraft Bridge 61 — — _•. Steel International common Utilities - ; • 24,735 25 Jan 38 "60% Jan Feb Jan Feb Jan Langley's Ltd preferred Loblaw Silanco Mining 1.49 1.01 Mar 47 % * 1 1 1st 13 19% 1 —; Jan 9% 12 * common Dominion Gold , of Prices Low : _i»_——- — convertible Canadian 1 2.50 Mar Sales Week's Ranse Last Andian National Jan 20 50 Jan 10,560 77c Feb 7Vic 76 2,000 Feb 2.06 1.50 Mar Jan 24,000 Friday 15 20 3,000 Feb 8c Jan 11c Sale Price Jan 76 6c 5c 100% Canadian Funds Jan 105 105 Vi 2.55 5,560 Jan 89c 70c 1.08 STOCKS 2c 5,905 14% 1.61 / .46 Jan 10c —— 1 12% 39 1.55 Rouyn Jan 35% 7; 99% Toronto Stock Exchange-Curb Section 12Vi 37 1.45 Shawlnigan Water & Power common—* (1945) Mines 11 Jan 6c 85c .• Jan 1.47 Shawkey 1.30 Mar 10c 74c 1 Yukeno Mines Jan Mar • Senator Jan 4c „ 86c ,_1 Zinc & y.. • Mines——-——. Ja? 11 Security Freehold Petroleums Warrants Jan Mar 29 150 7Vic c 14c Mar 30 31%cMar „ Mar 11 2.47 Jan Jan Mar 100 7,000 430 vV 5 5% 20c 75C 1C0 39c Feb Jan 8%c 43% 24c 103 10c 5,500 10,300 35 % Mar Jan 25 13,100 Wright-Hargreaves 58,000 14% Jan 775 1.15 Jan 22 6c Jan 29c 30,500 - 5%c 50c 945 __ 34c 99 1.00 Mar 3,500 2.55 Feb Mar 12c 4 Vic Canadian Scarfe ; %c Mar 99 - 1.08 23c 3Vic __ Feb 14 60 lie 33 4 Vic 38,150 13% 105% Jan Mar 21c 1 Winora 3Vic 49 . preferred Lawrence 22 - Jan 13% 39 7 9.75 ——1 $5 St Lawrence Corp common Jan Mar 3,265 Windward Gold Mines 31c 38c 27c 55c 7c Wingait Gold Mar 34c 24c Jan 12c — 18c 3Vic 25c 1.22 Mar 25c 24c ' 1 Jan 22 Vi' 1 60c 10,550 11 100 32c 13% Oil Royalite Jan 52% Par Rupununi Gold Mines Jan 13c common— 8 Vic Mar 20,134 28 Feb 14c 13 %c Jan Jan 7 26c 7c 7c. Mar 25c IOC - Roche Jan 6c 1 Oils Preferred Jan 6c 16 2.35 15% 10% _1 Wiltsey-Coghlan 56c 7%c __ Jan Jan 51% 1 Mineral 29 Vi 7 ,, Mar 7c * - West Malartic —1__ Mar 4%c 55 91c 10% * & W)___ Consolidated 24 Vi Mar ! 29Vi'29Vi 11%'Feb 52% ;; . (Hiram) Wekusko 38c os — 21% Jan Jan 1.63 10 500 8%c 41c 1 Yellowknife Bear Mines Renfrew Textiles Feb Mar } 1,075 4.20 4c 1 Jan Jan 8.40 45c 3,558 7c 8C 1 L Oils 7,000 38c 1- I ;■ Jan 20" ;■ 4,463 12% 8c •: :z:i:r Gold Violamac 11% i Mines Villbona Winnipeg . 1.22 Feb Mar 28c Mar Feb 7% Mar Feb 23,850 Oils Weston 36c Petroleum 7 1.03 —; id 1.01 Mining Feb 1.56 20c Reeves MacDonald Jan 1.02 Jan 8c Mar Jan 9,600 36c Regcourt 37c Mar 11c 11 %C .1~,« ii%c .__1 Corp class B 20c Reef Jan 92c 1 9,500 Feb , . 4Vic 3Vic 1 jt 89c Jan 44c 36c Feb 3.50 Mar Jan 25c 44c 47 %C 42c —1 Gold Jan 50c 17,800 44c Quebec Labrador Queenston Jan 30 • 7,386 1 Quemont Mining Mar 41c * ; 10 Quebec Chibougamau 12 Jan Jan 3.00 3,143 ; Jan Petroleums 46c ' Feb Jan 30c Transvision-Television 40 * _— 8%c Trend 45c • — 16% 116 25 610 Feb — Prospectors' Purity Flour Mills common Jan 15%' Feb 112% Mar 900 34c 3.00 ■v • 9c 37c 28 1; A Trans Empire Oils ——i; Tianscontinental Resources Walker Airways Purdy Mica Mines 85 Feb Feb Jan 12% 50 112% 112% V ';i , 2.25 Jan 1 — Feb 33c Jan 11% 11,750 ,, Jan 1.20 6,500 1.93 Feb 82c 1 Dome 45c 21c 3,530 Jan Mar 1 Metals Feb Jan 30c ■ * ' 5c 53c 25Vi Preston East Jan 27 Jan 1.17 36,500 Corp Pressed 13c 22 56% 57c —1 common-^. . Jan Jan 6V2c Jan 110 : ' trust 2.52 2.01 Jan 53c -• Rouyn Voting Power Jan Jan 56c 1 River 31c ' Exploration Petroleums Vicour Powell Feb 11% Mar 7,600 —1 — 14,600 24 33 Feb 3c 4 Vic —* Polaris Oil Porcupine 9c i Jan 10c Jan 82c 52 4c • Jan Jan 6c I,000 2,800* 4c ,'4.—< Mines 8%C 31C 50 United Keno Hill Pickle 1.45 10% 5,015 " ■ 1 ! — Jan 19c Jan 30 1 90c 1 —.—. Mar 3%c 1 I 2.21 common. — 3Vic — 1 Malartic Partamen 2.10 ' Works 3 Vic 1 — Malartic 101 1.10 Mar Mar 1.05 255 2.13 • , Mortgage Towagmac Tower Union Mines Paramaque - Mar 10c 86c u- Jan Feb 3%c 52 ' 90c * , 3.75 93 Jan 25,700 ——-1 _— — Toronto Iron Jan 1.50 Page Hershey Tubes — Mines Ltd Jan Jan 100 160 , 11 24 Elevators Toronto 9c 1.30 Pamour Porcupine Feb Jan 500 30 9c 1 1.50 _ 7c > • 30 * Torbrit Silver Mines • 7c " 10% 1 ' Feb —__1 Coyle Navigation 2.85 5,550 10% 1 Gold Traders Pacific Feb 6%C 78c 1,000 1.35 1.28 Jan Jan 13c 72% 155 10 %C 10 %C ; ~ Toburn 7.00 Mar Jan 100% 100% ' -V '' —'—10 Feb 3.10 Mar 2.50 Mar 847 2.50 5V4 934c — f-V * Toronto Ontario ' common. 5%c Jan 190 ; : — Ltd Taylor (Pearson) preferred Teck-Hughes Gold Mines Thompson-Lundmark Tip Top Tailors 3.00 3%c Jan 5,900 23,900 83 1 •&£ 11 Jan 22c 1.95 Jan 3.15 1.10 "100 21c Mar Oils Jan 16%c Jan Mar 14c Feb 1.60 Jan * Jan 8% Mar Feb Mar 2.95 1.05 -50c 10 %c Jan Jan Feb 39c Mar 5 22c -—♦ Selections Okalta 46,200 11% Jan 2.96 1 4 %c Mar 7.80 Jan 18 < 1.05 \ * ; ordinary— Surf Inlet '-it. 82 —• Ltd Petroleum Sylvanite Gold North Star Oil common Feb Feb 6% Mar Jan 33 * common .—25 29c 57c 45c 20c 12c — 15 30 Jan 5% 8 * : Canada Preferred Feb 45c — 26 6%c * Stedman Bros Steel Jan 18 Vic — • 1 Mines 13% Mar 93% Mar Jan Feb " " 12% 135 6% 6% * — 2,100 19 14 * * 1.28 Mar 62c 97 ' _ B Feb Feb 12% * ■' # 39% 101 Feb 57c Feb 40 Jan 3.9c i 98% - 36 9 V2 c 13 _ — cumiuui, 50 19 —W 9%c — Preferred Btanaara 6%c 4%c Mar 1,500 1.08 1.00 Brazeau 6.00 Jan Jan 62c ; - Standard Radio class A Feb 64c Jan 4.90 1 Gold 36c • Mining ' 1.07 1 ; Steeloy Mining Mines Norlartic Jan 98 1 Malartic Jan 60c 29% 260 98% — — 300 99% 99 % Gold Class Nor-Acme 34% ,.100 Jan 3.00 1.51 Mar 38% • Stadacona 4 Vac — ——-————1 Thurbois Yellowknife 9c 9%c 1 Rouyn Merger New Nib — 10%c 1 Norzone New 1 — Mines—— Norsman 38 % 34 — Jan A* Inc Minnesota 1.68 Mar Pend 3.00 Jan Price Bros 10% Jan Third 97 Feb Yukon & Ontario Oreille Cdn new Paper 1 — * common Gen rights Consolidated * 29% ' . — T 65c 7.50 Mar 28 ' Jan $.20 Feb 33 Feb- 2 Mar 3 Mar 50c Feb 65c Feb Volume 173 Number 4999 . . Commercial and Financial Chronicle The . N (1411) 43 OVER-THE-COUNTER SECURITIES Quotations for Friday, March 30 Investing Companies Affiliated Fund Inc Amerex Bid Par Mutual Funds— Corp Holding 4.79 .1% ; _10 — American Business Shares Ask 5.19 Aviation Group 6hares Bank Group shares lc "4.37 4.04 Insurance Group shares lc 1.11 1.23 lc 16.12 .1 11.38 12.37 9.84 10.75 17.48 17.80 19.35 ...1 6% 7% Investment ...1 2% 2% 20.57 22.12 Investors Management Fund Keystone Custodian Funds— 22.49 24.31 Bond Inv Boston - Corp ... « of America Tr III Inc. Fund Stock and Bond Group Investment Co of America Net asset value Bullock Fund _10c B-l 1 27.05 Bonds) I 25.65 B-4 (Low. Priced Bonds) 1 (Speculative Bonds)——1 19.06 21.71 11.56 38.44 41.56 K-l (Income pfd Stocks) 1 K-2 (Appreciation pfd Stks) 1 17.75 27.27 20.06 21.70 32.83 35.82 (Quality common com 6,040 8-2 (Income 145 8-3 (Appreciation 140 1 8-1 6.58 15.60 17.67 19.28 16.93 18.47 Stks)_l 6.86 ——.1 6.28 6.89 9.96 10.89 • 36.44 36.44 Delaware Fund 16.50 Loomis Sayles Second Fund— (Net Asset Value) 10 18.14 Funds Aviation 1 _ Inc— 52.57 ,— 13.05 —1 Asset 4.00 4.08 Electrical Equipment shares.lc General Industries shares., lc 4.35 4.80 3.56 3.93 Home Furnishings shares Non-Ferrous Metals lo 4.00 4,41 lc 4.18 Paper shares lc 5.17 lc 5.12 5.64- lc 5.20 18.40 Corporate bond series——.—1 Diversified Industry .1 Dlversfiied Investment Fund_.l 10.70 11.35 5.13 5.62 13.26 14.53 Petroleum Diversified 11.71 12.83 Steel preferred stock—1 — ...lc — shares shares »—« —, 14.86 Manhattan Bond Fund Inc.. 10c 13.66 1 —r_i— shareS— 13.56 14.97 Mass 11.72 1 12.84 ——1 stock - of beneficial 13.55 14.85 Mass 12.21 13.38 Mutual 24.59 26.95 Mutual Invest Fund Inc Fund—1 13.85 15.18 Natlon-Wide .Public Utility 1 Railroad —,——~1 Railroad Equipment —1 7.85 8.60 National Investors Corp. 8.38 9.18 11.50 12.60 National Security SeriesBond series invest Pacific Coast 8.36 * ,, Tobacco Dividend 1. ; : 10.53 1.80 1.98 Balanced _1 29.63 31.68 1 — 20.84 22.28 Inc,.. 20c 4.92 5.10 Fidelity Fund Inc.. —5 32.59 35.14 Equity Fund Financial First Industrial Fund Inc.l Boston Corp Founders Mutual Fund— 7.21 Bond 16,11 11.44 12.37 1 ; 15.01 1 7.21 7.88 7.41 8.10 ;7.68 8.39 1 5.06 3.93 1 5.94 Gas Industries -1 8.59 4.54 5.67 Series Pine- Street Putnam .18.26 20.01 18.14 19.61 ...lc/ ; 4.35 1 5.65 Group Securities— Common (Tne) Stock Fund.lc 8.18 Inc Z__.i 13.59 Fund— .1 17.78 3.06 —lc 7.68 24% 20 le lc Fund (Geo) 5 Fund Scudder. Stevens & Clark Com Stk Fund 1 .9319 99.9120 .9319 55.78 13.20 .8995 99.8174 90.7971 .8667 1%S March 15, 1%S March 15, .8506 l%s Dec. 15, Sovereign 1 7.55 8.58 9.40 62,25 lc 8.56 9.38 .Electrical Equipmentshares.lc 12.26 13.42 5.24 5.75 —, i shares —— :_lc — 6.11 8.59 , / 7.34 —lc lg ,9.35 ; Mining shares Fund Texas Dated 6.41 , Wall Street 2.73 3.01 4.90 5.38 lc 6.58 7.22 Howe lc Bid Due Ask Rate Dated Bid Ask 5- 1-51 b2.00 1.75% 1.80 % 1- 2-51 10- 1-51 b2.20 2.00% 1-51 b2.00 1.75% 1.85% 2- 1-51 11- 1-51 b2.20 2.00% Fund Plan 6.55 4.86 5.25 10c Inc 1.65% 10- 2-50 7- b2.05 1.85% 1.875% 3- 1-51 12- 3-51 b2.20 2.00% 11- 1-50 8- 1-51 b2.10 1.90% 2.00% 4- 2-52 1- 2-52 b2.25 2.05% 1.75% 12- 1-50 9- 4-51 b2.15 1.90% 2-51 United States Treasury Incorporated Investors Bid Ask bl.53 1.20% May 1951— bl.53 1.44% bl.53 1.30% 1.44% 1.35% May 31, 1951— June 7, 1951— bl.53 bl.53 bl.53 1.40% June 1.46% 1.40% June 14,1951— 21, 1951- bl.53 bl.53 bl.53 1.46% bl.53 1.42% June 28, 1951— bl.53 1.4 bl.53 April 5, 1951 April 12, .1951— April 19, 1951 April 26, 1951 May 3, 1051—— May 10, )951 May 17, 1951- 1.42% 24, bl.53 1.46% Primary Markets in New York City Bank Stocks Kugel, Stone & Co. Incorporated New York 5, N. 20 Broad Street Y. Teletype: N. Y. 1-1822 1.96 2.13. Unit Type 5 : -iif- 32.25 - Co—10 34% Bank of New York & 44% 46% 93 96 Chase National Bank 38% Chemical Bank & Trust—. 42% 6.51 100 — 10 —15 10 335 5% 12.44 12.69 21.14 Corn Exchange Bank Si Trust-20 18.80 20.22 4.08 4.42 County Trust Co. (White Plains, N Y) Empire Trust Federation Bank Si Trust Y^v . r' \ 10.45 9.16 1 2.31 1 4.77 .1 2.58 2.62 ; 1955 —* — 64% 21 —10 / Aetna 10 Casualty & Surety— 90% 53% 10 Aetna Insurance « Ask ■■■ "'"Par* . 94% Insur Co of 55% Jersey Insurance of N Y ; 68 70: Lincoln 72 76 Maryland Casualty 27% 29% —10 Alliance ; American Automobile ;4 41% 5 24% 26% National Prior Ask 291 27% 29% 21 25 98 Public Nat'l Bank & Trust—17% Sterling National 25 55 Title Guarantee Si Trust United States Trust 80 100 Amerlcan Fidelity Si Casualty.5 20% 22% —2% 20% 5 24% 26% City Nat'l Bank Si Trust 26 28 American Surety Automobile 5———.. 32 34 Merchants 4 Mfrs & 28% 30% National Casualty 54% 57 National Fire —10 64% 67% National Union New (Detroit)—10 10 109 54 56 21% 23% 109% 113% —10 "65% X—10 35 Fire Continental .——.—_ Casualty —— Cram & Forster Inc—sl 5 - .'"68% ' Northern • — Employers Reinsurance Federal Fire Assn of Phila. —10 49 52 Co— Peerless Casualty Co 80 84 Phoenix 68 71 Preferred Accident 58 61 51 54 20% 21% Providence-Washington — Remsurance Corp (N Y)_ Republic (Texas) 10 Firemen's of Newark 5 Pacific Indemnity 5 52 5 Globe & Republic Globe & Rutgers Fire common.5 12 2nd preferred Great American Hanover 15 5 ' • 20 Hartford Steambciler , ■■■■„. 26% 28, 46% 48% 7% 200 91% 215 8% 10 253 & Marine 285 125% 129% U 8 U S Accident / 34% 36% U S _5 34% 36% Westchester Fire Guarantee n T & S A—6.25 60 160 27% 26% 100% 2% 10 29% 31% 2 8 9 10 12% 36 38 124 128 —10 100 10 2 33% 583 35% 598 Elec Power 'irginia Elec & Pow ?%s„1980 Gas Transmis 3%s—1971 94 Tenn 1981 Elec Lgt & Power— ■-1986 97 96 97% 97. 97% 95% 96 % 96% 96"% Cons Gas 2%s -— International Alabama 96% 3s Michigan Cons Gas New England Power N J Bell a share lot 4.60% pfd-100 4.60% pfd-100 preferred 100 Texas Eastern Transmission— 4.64% 1976 99% 3s..—,1075 99% 98% 99% 27/sS—1981^ 96% 97 % 97 98 (not Included In year's dDeferred delivery sales sale stock, of Co 4%% preferred Tide ——100 $1.35 preferred (not 99 101 104% 103% —35 28 27% b Bid yield price, cEx-dividend $2 and included in year's range), eEx-interest. I 69% 95% privileges, 22% 1/20 N. Y. Curb r Cash toJJnlisted Trading wd When delivery, wi When Issued, x Ex-dividend, y Ex-rights, z value, tin default, iThese bonds are subject to all Federal taxes. par 102 103 range), 91% •No 105 Water Power Co— 66% price, 103 Tenn Gas Transmission— Tel Co 2%S——1990 Odd , Florida Pow Corp 97% Bank for and Reconstruction Development Pow Ask B'd Stocks— 21 51% 96 Edison of N Y— 3s k Admitted to listing on N. Y. Stock Exchange, n Admitted to trading sales (not included In year's range), tEx-liquidating dividend. (Un) Admitted 49% Ask Bid 2%s—1985 Public Serv El & Gas 2%s—1980 Southern Calif Edison 2%s_1976 97% 99% Issues Bonds—-(Cont.) 08% "" 1% Fidelity & Guaranty Co__2 Fire 4 10 — 59% Francisco San Bank of Amer 98% 97% 96% 93 Vi Si Pow Carolina 46% Travelers 100 Bank Si Trust Potomac 97% -——1980 2%s Cons 36% Standard 56% 59 57 58 26 175 54 25 Y* Atlantic City Electric— 80 44% 33% 25 Ask Bid 16% 34% "34% 37 43% 53 % 35 40% 50% 24 170 14% Union Trust 20 Tower Grove Bank & Trust—20 Recent Security Bonds— 76 Security ^New Haven)— 10 Springfield Fire & Marine.—10 31% 20 Mississippi Valley Trust Mutual Bank Si Trust 655 15% —5 13 22 Bank ——17 Manufacturers Bank & Trust_20 Mercantile-Commerce B & T-100 Mercantile-Commerce Nat'l—100 300 640 61% 65% — Nat'l Bank—20 National First National Bank 259 100 100 59 157 5 — Exchange Boatmen's 94% 100 Trust Si Savings Northern Trust Co Lgt 2%s_198i Commonwealth Edison 2%s-2001 150 .10 10 Hartford Fire 100 33 % First National Bank 35% Seaboard Surety 95 33 20% 54%' 10 Ftri» 255 St. Louis Amer United National Bank Si Trust 40% 18% 28% 26% Glens Falls 37% 10 St Paul Fire General Reinsurance Corp.—10 33% 25 37 Fund of Frisco.—10 2 10 _3.33 % . 54 58 35% 38 34% Fidelity & Deposit of Md.... 8% Borden Co 2%s-,————1980 Northeastern 52 56 61 12.50 — —10 Employees Group Assoc 59 33% 2.50 Fire Pacific Fire Fireman's 8% 35 _5 North River Connecticut General Life„—10 Casualty New Hampshire New York Fire —10 Camden 8 32 % 5 Fire Amsterdam 103 Boston 94 7% Harris —10 25/ Bankers & Shippers 90 Continental Illinois 5 Bonding 25 — 48% 47% 245 Nat'l Bank 8t Louis 5 Massachusetts 21% American of Newark American Re-Insurance 101 Chicago Merchant Fire Assurance Equitable Assur. 49% 20% 52% 12 47% States United 55 259 135 19% First National Bank 1,650 53 7 49% 41 Portland 300 / 253 ,Y. 76 340 39 12% 20 & Trust 61 20 51 1 320 20 Mellon Nat'l Bank 100 20 131 10 common & Trust—100 . Peoples First National Bank 58 19% lo —100 xl,0OO 10 Life preferred 74 Pittsburgh 35% 10 Industrial Bank of Commerce-10 20 $1.05 Convertible preferred 44% American $2.10 72 Angeles Security-First National 1,300 -1-100 Guaranty Trust 10 North America 10 • Agricultural Bid 25 Detroit of Franklin National Bank— National City Bank. New York Trust ■ 41 Bank 23 33% 100 1,240 Morgan (JP) & Co Inc Companies 25 Aetna Life American Bid 39% Los 107 Manufacturers Trust Co Par 10 Detroit 41% 39% 103 10 Fiduciary Trust Irving Trust Insurance 32% 5% 62% 16 10 First National Bank Franklin Square, N Y — Z 37% 31 395 70 67% lo 19.38 2.50 36 National 20 Trust Co 29% 28 375 National Bank Co . Commercial National Bank Si 1 > Ask 20 100 44% 6.15 Bid National City Bank 16 Union Bank of Commerce—.10 Central 40% 12.52 1 5.96 1 Par Cleveland Trust 350 Central Hanover Bank & Trust 20 Fifth Avenue 1 E Series 1956 30% Companies Ask Cleveland the Manhattan of —1 Independence Trust Shares Series Bid New York Continental Bank & Trust _ Inc... Trusts— Par Bankers Trust Diversified Trustee Shares— Series Banks & Trust Kings County Trust— . Bills Ask Bid —' 11.52 North Amer Trust Shares— Income Foundation Fund ' Due 1.70% 14.10 04c ' 22.40 5.63 Investing Corp Fund , .1 . Wisconsin Investment Co 4.62 5.97 Whitehall 8.09 4.20 __lc /—1 shares shares 7.38 __lc shares .. 1 '^Wellington Fund 13.89 19.15 Value Line Fund Inc 11.96 10.92 Utility .1 Shares United Science Fund. 7.03 —lc Tobacco r 98.25, 6- Bank r .25c 1 i. Industry 10.34 ; 12.74 13.04 85c 1, Inc United. Income Fund Shares 8.05 .___L_lc Steel Inc Fund 9»59 , Union Preferred Stock Fund—1 10.24 Railroad stock shares . 98.5 98.21 1-50 63.12 • Trusteed Bond shares..—..lc shares 1 Union Bond Fund series B Equipment shares Petroleum Railroad RR „ 98.10 98.1 - 55.78 62.49 —25 0.27 11.34 10.35 —lc Priced shares— Inc 9.98 8:46 .9.58 Divesting Company- shares__lc Merchandising shares - 98.6 19551955— 8- " Television-Electronics 9.41 . Investors Technical Fund Inc 8.69 7.93 Institutional -bond" shares.. 1 c Low Fund T " . 1954 0-1-50 8.27 64.75 9.79 State Street Investment Stein Roe & Fainham Corp.* 8.93 shares Food shares i' are in 32nds 14.28 8.31 Fully administered shares—lc Y General; bond. shares.^ .-J—lc Industrial Machinery shares lc » Ask .8499 25.89 Chemical ' , .9297 99.8729 Telephone: WHitehall 3-2050 24.40 * ' < Bid .99.7918 l%s Nov. 1, 1951 Values shown below 99.9099 — 26.33 26.33 (net asset val) Selected Amer Shares.. ,2% Shareholders Trust of Boston—1 Bunamg shares • Maturity— 1.40% V 8.97 Aviation , 97 1.40% 19.12 3.34 4% Scudder, Stevens & Clark Fund, Inc (net asset value).* Automobile snares V.-- 96.16 1, 1957-1955 100.8 Federal Intermediate Credit Bank Debentures Rate 4.77 17.85 5 .Republic Investors 70.31 65.39 1' ; 99 99.28 Treasury Notes—(Cont.) , 19.19 4% 25% 25 14.00 preferred. Petroleum Si Trading— 7.58 General Investors Trust ... Ask 99.9120 Treasury Notes— 1%S July 1, 1951 "B" 1%S July 1, 1951 "C" 1%S July 1, 1951 "D" 1%S Aug. 1, 1951 1%S Oct. 1, 1951 1%S Oct. 15, 1951—. 4.96 6.20 Series Group 6.73 General,Capital Corp... • Bid 9.39 1 Priced Com Stock Serles.l 6.14 Inc.—.1 Fund 99.6 98.24 — 4.30 .6.49 Series Series 6.92' __lc series. 99.29 98.28 5.53 1 Stock ' stock 119 117% Dollar Price Maturity— 17.16 1 ... $1.50 Franklin Custodian Funds mc— Fundamental Investors Inc—2 1%S May 1, 1952-1950 1%S Jan. 1, 1953-1951 2%s Feb. 1, 1955-1953 U. S. Certificates of Indebtedness 16.33 15.53 England Fund 1 Pacific Amer Investors com—10c 7.84 —* series Ask 99 Federal Land Bank Bonds— 1%S Oct. 17.51 15.02 1 Natural Resources Fund Inc— 6.20 I 16.21 1 New 32% 5/61 Common Bid 98.16 8.80 Inc.l Fund Stock Series—, Industrial Stock Series Low 2.65 -2.42 30% 10 First Mutual Trust Fund..—.1 Preferred stock 99.29 100 99.26 37.29 1 Selected cv 2nd of Boston Inc Speculative „ 8.03 Series——! Income Fund Stock Fund 5.70 Securities— Preferred & Howard- Eaton Fund Low Priced 11.54 25c - Shares Investors Balanced Fund 9.16" . 4.61 * X34.49 interest--1 1 . — —, 1951. point Investors Trust— Ctfs 1 Metals 100 99.29 — a 5.73 Automobile 11.67 equipment... l'/oS NOV. 15, 4.50 13.60 10.65 Machinery Merchandising Oct 15, 1951 2s 4.41 Business Equipment shares.lc 12.41 16.79 Insurance Value) 9.34 1 Electrical 7.49 11.35 —1 supply Building 25c 8.52 iin:::1! Chemical 99.26 Managed Funds— 14.30 . Fund 10.36 -1 — Bank stock— (Net . .— — 99.30 1951—_____ of Other Issue* 52.57 com Fund Trust Loomis Sayles Mutual Fund— 27 % .1 . com 8-4 (Low Priced 16.95 25% Fund Inc Stocks) 1 Lexington Consolidated Investment Trust.l Stks)_l Stks) 1 7.15 Pfd Stk & 1951 15, Aug more 32nds or Central Bank for Cooperatives— l%s Feb 1, 1953. * Panama Canal 3s —1961 100 19.37 29.75 Knickerbocker Composite Bond 15, 1.70s 12.62 25.20 .100 one Ask 99.30 1.80s June 27.98 20.79 Bonds) 1 Commonwealth Investment Bid — 28.29 (Medium* Grade B-3 9.29 9.28 (Investment 23.00 Securities corn- .100 5,890 Agriculture Automobile 1 1 - Preferred , Boston_-l ?9c 20.08' _^_5'* Chemical Fund Diversified of 80c 1 —. Ltd. Century Shares Trust Christiana Trust 14.03 B-2 Bowling Green Fund Inc— Broad Street Invest Cord- 1951 17.85 10.84 Corp..__ l%s May 15, 17.67 12.25 10.03 Holdings 12.80 lc ... 11.27 .__1 Axe-Houghton Fund Inc 5 Axe-Houghton Fund B______ Beneficial Figures after decimal point represent Ask Federal Home Loan Banks— American Mutual Fund Inc.. ...1 Blair Bid Par Institutional Shares Ltd— 46% 1 Obligations Of Government Agencies Mutual Funds— Ex-stock dividend. . 4* The Commercial and Financial Chronicle (1412) Week THE COURSE OF BANK CLEARINCS Bank increase compared with clearings this week will show an $ Federal Reserve Third ago. year a 1951 District- above those of the ■will be 22.7% corresponding week last clearings this center there is gain for the week ended Friday of 11.0%. a for the week follows: Our comparative BY New York 2,721,316 5,484,124 2,194,313 2,222,469 5,783,145 13,888,793 4,037,035 12,956,466 7,222,915 Delaware—Wilmington (11 cities). 5,908,196 1,073,710,956 — $7,145,097,356 1,004,333,836 711,648,991 + Philadelphia-- 1,246.000,000 943,000.000 + 32.1 563,089,337 446,937,327 + 26.0 343,899,295 224,523,838 + 53.2 Mansfield 310,600,000 240,900,000 + 28 9 Youngstown Kansas City 1,114,504 942,983 904,246 + 54.1 2.637,228 2,968,905 7.9 935,000,000 + 30.9 2,822,856 773,000,000 3,197,446 + 23.6 4,470,669 4,717,667 1.3 2,325,673 + 43.3 3,652,132 7.2 9,120,830 1,861,481 3,794,719 8,064.097 4,193,584 — — + + 22.3 1,153,293,793 6.9 5,658,163 . 804,759,632 968,642,356 Fourth Federal Reserve Distriot—Cleveland— + 11.0 $7,929,173,216 St. Louis 1,036,236 % 1950 Chicago Boston 975,067 6,777,134 New Jersey—Trenton 1951 943,502 + 30.3 2,879,494 — TELEGRAPH > Week Ended March 31— + 32.8 + 14.3 3,560,953 Total CLEARINGS—RETURNS % 953.310 1,114,000,000 Scranton Wilkes-Barre 1 1948 S 911,761 4,436,841 York ■summary 1949 Dec. % 1,219,622 1,026,000,000 Philadelphia At 24 1,265,646 Reading Our preliminary year. totals stands at $17,017,700,8.94 against $13,874,450,745 for the same week in 1950. March Inc. or 1,393,579 — Chester Lancaster tor all cities of the United States for which it is possible to obtain weekly Monday, April 2, 1951 . 1.187,637 Bethlehem cities of the country, indicate that for the week ended Saturday, March 31, clearings $, . -Philadelphia— Pennsylvania—Altoona Preliminary figures compiled by us based upon telegraphic advices from the chief Ended 1950 . 41.1 Ohio—Canton 8,979,099 434,193,000 315,548,000 412,502,018 320,402,141 439,700,085 38,040,700 + 28.7 Cleveland 417,648,928 308,532,705 216,889,080 197,668,265 + + 18.6 6,339,696 181,968,596 + 39.8 318,454,427 5,625,364 185,098,184 306,971,607 4.9 32,670,500 27,638,400 + 6.619,163 4,945,838 + 33.8 4,580,444 6,416,916 + 49.3 6,823,562 5,329,323 306,980,474 349,786,079 —12.2 344,853,215 255,648,678 1,052,640,156 9064900,525 +16.1 895,695,440 790,931,500 2,092,391 10,942,009 + 34.3 14,081,000 + 28.7 2,371,867 10,612,000 168,453,756 (7 Cities) 122,536,586 + 37.5 122,771,755 4,669,944 9.7 $12,878,328,710 $10,854,258,623 + 52.7 + 28.4 + 35.4 Baltimore Total 5,881,650 189,038,267 314,552,775 36,279,000 9,579.608 Pennsylvania—Pittsburgh. + 37.6 Pittsburgh 242,741,027 Columbus 8an Francisco Cincinnati Cleveland Fifth Federal Reserve District—Richmond— Ten cities five days West Virginia—Huntington 2,809,057 2,424.837,010 + 39.3 $16,255,440,030 $13,279,095,633 + 22.4 •South Carolina—Charleston—- 595,355,112 + 28.0 Maryland—Baltimore Other cities, five days 3,377,111,320 Virginia—Norfolk Richmond Total all cities, five days All cities, one day— 762,260,864 — : 4,337,070 3,096,596 + 40.1 3,105,455 3,006,955 312,151,643 216,186,494 + 44.4 221,159,734 102,559,389 80,836,826 + 26.9 67,561,274 212,781,083 59,534,226 604,391,915 —_ 435,690,902 +38.7 427,582,085 406,096,095 District of Columbia—Washington—. Total all Cities for week $17,017,700,894 $13,874,450,745 2,563,557 9,985,000 118,225,274 +22.7 Total (6 cities) Complete and exact details for the week covered by the foregoing will appear In issue of next week. our ends We cannot furnish them today, Saturday and the Saturday figures are Accordingly in the above, the last day of the week in all In the we are elaborate detailed statement, able to inasmuch as Tennessee—Knox\;ille however, which — Augusta—+ same week in 1950. according to the Federal Reserve Districts in which they it appears that in the New York District We gain of 27.1%. Mobile Philadelphia Reserve District the totals register 38.7% a Total decline of 6.9%. 4,142,478 + 33.2 3,074,627 + 22.7 2,949,163 2,751,086 9.2 100,183,306 84,646,934 + 25.1 93,808,768 92,348,299 7,495,995 5,549,547 + 35.1 444,044 365,013 + 21.7 5,537,447 301,402 7,007,938 337,724 165,940,437 141,166,723 + 17.6 135,380,459 98,669,364 895,693,366 718,345,328 +24.7 663,489,782 585,446,391 » , cities) Reserve Grand Rapids— an Indiana—Fort In the Cleveland South Wayne— i expansion of 36.1%, in the'Dallas Reserve District of 30.6% SUMMARY OF BANK 4,687,574 48,658,000 41,383,000 5,421,788 + 4,259,934 5,621,684 2,897,584 5.1 2,329.869 69,488,316 + 32.5 63,003^069 58,124,190 3,335,453 + 26.1 3,540,674 3,492,513 — J 28,562,065 + 11.1 12,826,388 + 17.9 1,080,262 992,712 + 8.8 27,162,227 12,030,050 917,057 25,407,453 15,121,788 , a. 739,845,763 694,807,213 + 6.5 645,561,901 624,616,251 2,976,902 13,389,756 2,543,325 + 17.0 9,413,163 + 42.2 2,357,687 9,297,048 5,407,305 4,538,589 + 19.1 3,809,889 1,892,727 8,285,540 3,626,917 2,855,366 2,537,914 + 12.5 2,849,532 2,396,994 996,876,105 907,752,249 + 9.8 846,591,037 805,265,244 337,700,000 276,900,000 + 22.0 273,900,000 79,182,018 , : Rockford Springfield Total 7.3 7,220,240 31,745,162 Decatur CLEARINGS + 61.8 + 20.9 4,911,393 49,100,000 1,299,235 2,750,092 City——.— Peoria .;:= 4,817,321 4,206,814 Chicago In the following we furnish a summary by Federal Reserve Districts: t 8,730,973 5,031,810 92,103,629 — Illinois—Bloomington " : 975,186 8,957,676 4,755,835 + 22.3 7,944,986 Iowa—Cedar Rapids and in + 18.2 + 25.1 52,683,000 8,730,283 Wisconsin—Milwaukee—— Sioux * 998,276 8,823,783 • Bend— Terre Haute The Chicago Reserve District In the Kansas City- Reserve District the the San Francisco Reserve District of 30.1%. 3,519,322 1,179,575 ___— Des Moines— totals show 3,859,762 11,037,481 5,817,941 ——* Lansing larger by 16.1%, in the Richmond Reserve District oi: Minneapolis Reserve District of, 19.5%.. 104,921,273 + District—Chicagt Michigan—Ann Arbor— the in but Seventh Federal an gain of 9.8%, the St. Louis Reserve District of 22.7% and in the a (10 Indianapolis are and in the Atlanta Reserve District of 24.7%. fcas to its credit 25.6% 59,136,244 224,700,000 119,198,586 i Louisiana—New Orleans— located and from this are 12,329,480 67,053,745 238,400,000 the cities (including this city) the totals record improvement of 26.7%, and in the Boston Reserve District of Heserve District the totals group 16,015,730 9.6 + 3,771,477 Mississippi—Vicksburg Outside of this city there was a gain of 18.6%, the bank clearings at this center having recorded a 5,519,367 + 33.0 + 40.3 130,170,082 131,210,773 — Alabama—Birmingham clearings for the whole country having amounted to $18,524,896,974 against $15,073,£43,757 in the 240,400,000 Macon increase of 22.9%, the aggregate of was an 78,604,915 337,200,000 -—. Florida—Jacksonville.— the week 20,922,166 86,116,059 Georgia—Atlanta present further below we 27,825,133 Nashville has to be estimated. cases give final and complete results of the previous week ending March 24. For that week there Sixth Federal Reserve District—Atlanta- the week not available at time of going to press. — (17 cities) , 10,563,763 746,749 " Week Ended March 24— 1 1 Federal Reserve 1st Boston cities _12 1,073,710,956 — Sth 40th Kansas V- ' • ' ; •' 'V: 7,920,405,928 6.9 968,642,356 804,759,632 906,900,525 + 16.1 895,695,440 790,981,500 406,096,095 We 1. II .10 York 1 + 24.7 663,489,782 907,752,249 + 9.8 846,591,037 + 22.7 500,647,215 465,378,377 381,129,457 + 19.5 382,113,720 310,489,518 v.\;' 630,231,534 463,090,957 + 36.1 450,705,002 315,940,552 + 30.6 295,479,341 788,088,284 + 30.1 729,241,342 15,073,643,757 + 22.9 13,290,153,748 14,099,058,153 8,800,190,929 7,421,051,826 + 18.6 6,926,187,775 "|;:7 /JVn . - 1951 Dec. % !•;;• 1,502,512 497,932,297 +22.7 500,647,215 465,378,377 110,793,847 5,932,419 5,912,236 0.3 4,976,701 5,849,454 254,689,401 + 20.4 99,840,870 + 25.5 258,628,525 96,687,111 215,461,790 125,329,770 - + 71,155,526 6,395,443 —29.1 6,398,631 4,599,150 3,375,179 2,722,363 + 24.0 3,544,501 2,904,886 3,735,056 10,609,891 2,803,931 8,765,213 + 33.2 2,784,227 2,737,687 + 21.0 9,094,024 7,781,025 455,250,854 381,129,457 +19.5 382,113,720 310,489,518 511,477 + 32.3 4,531,708 . Helena J Total (7 cities) ■ v ?>is(Tenth Federal Reserve District—Kansas City— Nebraska—Fremont 1948 $ 'V-1'." $ 3,573,538 461,845,520 450,166,875 2,325,334 1,781,498 1,009,232 953,002 + 30.5 1,613,857 1,595,331 5.9 798,234 755,928 + 1,853,282 1,559,493 + 18.8 1,346,520 9,468,092 i 1,674,965 7,564,831 + 25.2 6,795,005 6,888,468 7,209,530 (12 cities) + 37.1 4,669,109 23,966,144 19,852,261 10,688,011 6.5 8,688,011 7,600,086 31,661,200 5.5 24,517,300 29,101,800 1,572,288 1,206,667 + 30.3 1,241,606 1,132,611 720,105,209 — + 573,515,989 + 25.6 20,286,250 51,111,318 3,626,709 2,851,915 120,990,623 2,207,569 — 446,864 5,772,054 116,243,701 + 41.2 111,969,686 5,643,736 100,824,015 + + 19.3 + 33.3 9,880,450 10,677,806 + 34.7 301,987,760 307,754,327 9,175,620 + 37.7 9,227,320 11,022,990 2,937,836 3,305,024 2,000,179 + 46.9 1,379,120 1,730,282 2,075,178 + 59.3 1,992,727 1,397,770 630,231,534 Joseph 463,090,957 +36.1 450,705,002 445,927.838 6,347,047 249,004,896 21,827,509 238,462,000 : - Colorado—Colorado Springs— 7,883,962 12,290,004 306,567,985 .. / Pueblo 7,035,298 5,906,205 ' Total (10 cities) Eleventh Federal Reserve District—Dallas— 4,857,600 + 15.3 33,412,800 Island—Providence 5,257,173 22,611,725 9,993;307 Hampshire—Manchester 432,050 + 23.4 1,584,845 • 26,074,310 Haven 5.5 5,933,893 413,019,736 12,630,615 —. Missouri—Kansas City St. 523,843 408,958 7,322,198 164,118,723 9,406,686 16,382,547 — Omaha 3,439,759 + 28.0 1,407,311 528,537 431,439 Lincoln Kansas—Topeka + 23.9 Bedford 676,730 — Hastings-. 1949 3,114,760 540,462,155 528,650,529 —60.3 11,429,006 11,447,720 + 27.2 2,384,652 2,608,422 84,865,064 + 42.6 81,257,557 80,455,311 1,162,490 + 89.9 1,374,451 2,243,110 1,566,301 + 43.2 9,724,706,045 7,652,591,931 Texas—Austin Dallas Fort + 29.1 5,300,000 6,174,000 4,917,057 + 22.7 3,991,225 3,710,493 9,618,294 + 2.1 9,008,664 7,588,956 412,679,084 Falls (6 4,846,000 9,816,154 315^40,552 +30.6 295,479,341 285,465,364 30,995,252 Louisiana—Shreveport Total + 24.3 + 41.0 6,257,000 6,034,857 1 Galveston Wichita 6,916,024 267,657,161 21,986,016 8,596,120 350,979,701 „ Worth cities) + 31.1 6,469,688 23,060,227 District—New York— Wcw York—Albany r Buffalo JKlmira Jamestown York Rochester Jersey—Montclair Hewark 21,007,801 + 10.0 17,797,288 14,646,344 20,350,060 13,312,051 northern New Jersey Total (12 cities). a Utah—Salt Lake City 1,575,273 California—Long Beach 7,706,847,622 San 11,891,754 Santa 15,392,743 11,086,834 558,987 449,504 10,047,330,376 + 47.0 36,059,382 45,057,417 43,008,539 7,931,963,424 +26.7 6,589,504,273 7,920,405,928 Barbara 550,675,136 12,502,395 4,690,620 9,728,184 i + 19.9 + 25.5 3,118,302 2,967,844 +12.7 143,682,637 57,611,533 140,610,620 14,512,710 10,304,005 395,527,511 9,537,465 4,501,583 + 49.9 9.3 + 8.7 11,529,767 8,382,697 + 39.2 367,998,369 + + 31.1 8,999,786 4.2 3,103,924 + 128,379,103 51,306,211 8,490,297 6,405,006 391,501,904 9,377,325 3,314,897 7,838,530 + 24.6 6,868,149 788,088,284 +30.1 729,241,342 750,191,737 18,524,896,974 (10 cities) 7,807,474 1,024,890,841 Stockton Total 117,946,178 142,354,472 2,986,936 147,250,562 53,305,566 15,073,643,757 7,421,051,826 + 22.9 13,290,153,748 14,099,058,153 6,926,187,775 6,392,210,531 32,352,474 + 12.2 11,204,769 Jose 17,390,190 12,346,173 + 52.9 50,615,520 15,860,902 .* Francisco + 21.5 37,614,572 i 79,918,717 Pasadena San 18,032,342 618,117 55,310,127 56,793,854 Yakima 1,645,590 Francisco- 170,669,610 3,749,999 165,890,509 Oregon—Portland 1,292,285 * . Twelfth Federal Reserve District—San Washington—Seattle... 6,363,965,973 23,118,741 Connecticut—Stamford L or H;,;: 1 >is: 485,779,571 Connecticut—Hartford | 1,491,845 South Dakota—Aberdeen i 621,584,507 Worcester • $ Inc. 24? 3,859,423 — flpringfield Syracuse 0.3 + 306,736,831 Wichita Jx>well Wcw 1950 March + 30.3 Portland Hew Ended 1,338,058 Fall River ! ' 1,743,104 JBinghamton 1,655,256 detailed statement showing the figures for each city for the $ Reserve 95,727,263 Paul v S&cond Federal + 27.4 District—Minneapolis— 6,392,210,531 Massachusetts—Boston •' (4 cities). North Dakota—Fargo. Federal Reserve District —Boston— Total + 21.4 89,950,985 Montana—Billings Maine—Bangor "Rhode ' Minneapolis 750,191,737 Clearings at— Hew ' 129,426,056 ,4 Ninth Federal Reserve St. 18,524,896,974 'V; Hew , 1,659,501 , Minnesota—Duluth 285,465,364 1,024,890,841 Total 445,927,838 412,679,084 Week Hew ; 805,265,244 497,932,297 — City. our • 585,446,391 996,876,105 455,250,854 «< 10 add •>''• 114,606,249 Kentucky—Louisville 1 now ■ 281,600,000 121,828,107 611,096,578 Illinois—Quincy... 427,582,085 : 157,130,828 Tennessee—Memphis — 611,096,578 ——— New Missouri—St. Louis— 6,589,504,273 week ended March 24 iot four years: First Louis— 112 cities Outside " i■ 5 528,650,529 718,345,328 ii 7 Total 540,462,155 435,690,902 <i •1.2th San Francisco 1943 ■:' + 38.7 ii. 17 City •■■■ 604,391,915 ii 11th Dallas + 25.6 + 26.7 $ , 895,693,366 II Louis Minneapolis %•;' II -10 7th Chicago ^8th St. 1,153,293,793 1,052,640,156 II 6 -Gth Atlanta 7,931,963,424 1949 or II 7 5th Richmond 573,515,989 10,047,330,376 -11 4th Cleveland 720,105,209 it 12 Philadelphia Inc. Dec, $ -2nd New York 3rd 1950 1951 Districts Grand Total (112 cities) Outside New York— •Estimated, a Now included in •„ 8,800,190,929 Newark, N. J. iNot available. + 18,6 Volume 173 Number 4999 . . The Commercial and Financial Chronicle . Company and Issue— Foreign Exchange Rates ' American Pursuant to the requirement of Section 522 of the Tariff Act1 of 1930, the Federal Reserve Bank certifies daily Secretary of the Treasury the buying rate for cable transfers on the different countries of the world. 'We i-give below:a record for the week just passed: * ;to the • FOREIGN EXCHANGE RATES CERTIFIED FEDERAL BY MARCH BANK RESERVE 23, 1951 TO MARCH 29, TO TREASURY INCLUSIVE 1951, UNDER TARIFF ' > — ACT OF Noon Buying Rate for Cable Transfers in Monetary Unit Value' in United New 1930 1st York Mar. 23 Mar.124 $ $ Argentina peso— Basfc__i_ ___; Preferential Australia, pound_____ Belgium,.franc.2 *_ 1 and .133333* .0713000* 2.231573 .208500 Czechoslovakia, koruna.^ Denmark, krone - India, Dominion of, rupee____ Mexico, peso : .00285625 - ' .0544060 Morrell .208500 .208500 National .0200600 .0200600 .144938* .144938* .00285625 .00285625 .0193687 .206700 New Zealand, pound— ! 2.772896 _________________ Norway, krone,— ■' ' .115606 2.7728.96 2.772896 .140154* .496250 .496250 .496433* .0348000 .0348300 .0348750 .0349000 .328500 .328500 .328500 .328500 .328500 .193269* Switzerland, franc___ .193269* .231600 Union of South Africa, pound United Kingdom, pound Sterling ■.v N i'i /•'' ■ ■ V; , •. ,425531*t tApplication depends type of upon 2.783750 2.783750 2.800742 „ Id. due 1979 1st debs., 2.800429 2.800703 .658327*+ .658327*+ ,561797*t .561797*+ .561797*+ .425531*+ .425531*+ .425531*+ fund debentures, Corp.— fund debentures, Reserve Banks Combined (In thousands of dollars) Inc. (+) or dec. (—) since Mar. 28, Mar.21, 1951 Assets— Gold certificates. 20,017,404 i fund for F. gold ctf. advances Govt, Bills . 16,684 + 319,775 60,155 smaller 2,400,868 + + States 77,161 105,693 3,990 + 197 + + 1,996 + 1,996 *1,599,098 + 99,300 14,974,333 + 17,450 6,032,331 + 141,100 ... ' Notes '. Bonds 1; — + credited the other districts. ber banks follows: 382,769 w due Total S. U. Govt securities. 22,605,762 257,850 + ,.<■ .+ ■V-'"."; 5,090,037 from, R. of Uncollected Bank banks__ items___„__ cash - 148.472 3,615,261 other + 24 foreign banks notes 579,818 + 23,082,317 Due F. premises V<, 5,199,147 Fibre due 1962 due 1960 due & Light Co. 1st mortgage + 37,377 + 1,045,761 59 + 4,889 + 63,398 + Loans assets t " 1 ~ Total ' '• V ' . + 163,209 — ' loans; ; " " assets 48,019,021 <+ , • 4,014,689 Loans bonds 1972 —Apr Peoria & Western brokers 9 due Apr 1 Apr 13 Apr 1 1976 Federal 4 Reserve notes Deposits:; \ S. Treasurer—gen. Foreign Other 22,961,687 54,792 — + series B May 278,440 —- + 3,241.050 " .V U. + 443,987 + S. Total + 58,102 + 19,536, 299,161 deposits Deferred 97,302 + iv Real 22,774 + U. Total liabilities + 3,338,664 + 537,076 Treasury 520 Treasury 1,375 12,735 47,092,437 — — > 58,710 + + U. 3,988,330 Surplus (Section 7) Surplus (Section 13b) Other capital 35 + 510,022 _ 13,278 + + 21,849 — —— Cash 8,768 27.543 .___ — __ 4,653 + Balances of gold serves, 'to certificate 48,019,021 63,398 + + 4,014,689 liabilities note re¬ 46.6% . —• V.: ...3%._ — //■;' 9.8% Contingent liability on accept¬ ances purchased correspondents Banks Time S. • 2,368 for foreign 31,491 • 6% • deposits, Government demand Foreign deposits— 1 + 1,373 5,504 + '416 + 502' 20 + 4,782 55 — + 21 2,508 — 31 3,250 — + 1,044 179 + 228 _ 2,800 ■■ + 23,600 ;'77 + 1,526 Interbank during and week 50,321 + 150 + „— fc>. uovc. 5% notes, Pacific due RR. mtge. 4(4% —1,505 + 3,853 8 + * - The 4,381 + 2,265 + 1,631 491 + 134 11 + 55 181 + 64 1,343 462 __ —» + except accucuu*, —32,163 condition statement of weekly reporting member of the Federal the .shows r- - , Reserve System for the week ended March 21: Increases of $514,000,000 in loans, $502,'000,000 in holdings of Treasury bills, and $2,265,000 in United States Government deposits, and decreases of $1,505,000y000 in demand deposits adjusted, and $491,000,000 in demand deposits credited to domestic banks. industrial, Commercial, creased all San in most reporting were principal following and districts, and member a banks; changes agricultural District. District,. and loans in¬ , 1951 V this In principal the increases $43,000,000 in the $23,000,000 in the Boston Loans to brokers and dealers for purchasing or 000,000. 1 " Real " estate loans increased l$26,.. * 1 1174 Apr 16 1279 11 V 1176 * 1 205 2 May Apr 1119 ; grouped in two separate are Per Name of Company Share Affiliated Gas Equipment, Air Reduction Air-Way Alabama All Co. Electric Mills, Penn Oil & will holders 4- 1 4-20 4-21 3-31 4-16 4-10 5- 12 Vac (quar.)—__ (quar.) $1 to split the at a 9 1 4-16 4-30 4-16 4-19 stock¬ special Can Co. (quar.) Fidelity & Casualty mond, Va.) <quar.)___ $1 4-10 3-31 15c American Fidelity Co\ Co. 5-15 25c American 4-16 4- 25c 4-16 4-2 $1.75 3-31 3-23) (Rich¬ (Montpelier, Vt.)— Quarterly American Maize-Products Co., common (quar.)._. American Phenolic Corp.— American Smelting & Refining Co., common 7%? 1st preferred <quar.)__ 7%- preferred Wire & Cable Co. preferred preferred (quar.) (quar.) Athol Mfg 20c 4-13 .$1 5-31 5- 4 $1.75 4-30 4- 6 75c 4-24 5c 4-25 5-1 4-10 ^ -. 4-16 tl5c 6- 1 4-30 6- 1 4-30 5- 1 4-16 +25c 5- 1 4-16 '$2 6- 1 50c 4- 2 3-20 $1,083/4 5- 1 4- .» & pfd. 4-13 t$l. 12Va ; Co. ' +22 V2C ^ ... — Santa Fe Ry Co. (quar.) Atlantic 4-27 2 t56VtC (increased) Argus Corp., Ltd., common 4V2% convertible preferred (quar.)—, Associated Telephone Co., Ltd.— ing tenders, and the page number gives the location in the current volume-(except where indicated) in which the given" in the "Chronicle." 4-16 1 4-25 5- 2c pfd. Corp. recommend Atchison, Topeka list of corporate bonds, notes, 5- 35c meeting to be held immediately after the annual meeting on May 7. 5% • Holder* 25c two-for-one a 20c When Payable of Rec. 25c (quar.)__ Gas_— Petroleum Directors (quar.) Corp Inc Amalgamated Sugar, 5% Amerada Inc. (quar)— Appliance and common stocks called for redemption, those called under sinking fund provisions. The date indicates the redemption or last date for mak¬ (quar.) — 4-27 5 $1 4% (quar.)— 5% preferred 3rd Line Coast series preferred (s-a) 5 4- 5 5- 1 4- 5 $2.50 Company (quar.) Wholesalers, Ltd., class A Atlantic 4- 1 RR.— 'non-cumulative Atlantic 1 5- $1 (quar.) 5- *$1 4% preferred 2nd series 25c $10C 5-10 4- 2 4-24 3-20 NOTICE OF 5V2 % TENDER Date Page Apr 13 bonds..Apr 5 Apr 2 562 Company and Issue— Aroostook Valley RR. 1st & refunding mtge. gold bonds due Leeds & Lippincott Co., year Vandalia RR. 1961 outstanding consolidated 4(4% — mortgage mortgage bonds Atlas preferred Plywood ; series A due 1072 1280 Avery — Co., .Inc., common. prior preference (quar.) conv. (B. Entire PARTIAL REDEMPTION 1967—r- <quar.)_ Steels, Ltd Austin, Nichols & $1.25 ■ F.) & issue 1 at Sons Co., called for $26.50 per Page May 1 • Extra 6- 1 5-15 37V2C 5- 1 4-16 5- 1 4- 10c 5- 1 4-20 30c 5- 1 4-20 6% 2 preferred— $1.87(4 Baldwin-LIma-Hamiiton Baldwin- Rubber 55c redemption on share plus this dividend Date bonds, 3-16 3-16 + Atlas 50- Company and Issue— Alabama Great Southern RR. Co. 1st mtge. 3l/t% Corp. 2 2 +25c (s-a) 4- 4- carrying securities other than Government securities in¬ $150,000,000. 1 payment date. April creased 1973—— issue. preferred including were 3 _Apr : bonds, series A, due 2014 Atlantic City Electric, 4.35% details 1070 a 4J/2% . a 17 second table in which we show the payments previ¬ ously announced, but which have not yet reached thei Notices Below will be found a stock-Apr tables.; In the first we indicate all the dividends an¬ nounced during the current week. Then we follow witl Anaconda . total of $217,000,000 at" $78,000,000 in New York City, Francisco v in leading cities 3 1 DIVIDENDS 184 Redemption Calls and Sinking Fund ./.banks < 1 Apr 1269 Co.— Income Steel & Conveyor Co Anglo-Canadian Telephone— 4V2% preferred iquar.) _ 1 Apr Co., Anchor io. 563 — preferred conv. Dividend announcements 273 — + 9,124 —— U.- Gas •Announcement 75 15,605 — banks > V Westinghouse Electric Corp.— 2.65% 25-year debentures, due 2,523 37 —■ deposits: banks Interim American —— 1 Co.— sinking fund gold bonds— 5(4%, due 1972— 5%, due 1973 4(4%, due 1977-. Union Western 182 'J.5 '/V./.;//' adjusted.. exceptj. government 1058 Apr stock 907 + — 14,339 banks.. /X" 1 Apr preferred 1 Apr 5% cum. preferred stock Transcontinental Gas Pipe Line Corp.—- 145 + 834 Borrowings Debits to demand deposit accounts, Industrial loan -commitments—' + ' 8,243 deposits Domestic combined- 1 140 '— 2,220 ■V' 6,562 domestic A, B, Page Jun American Southern 325 + __ 20,735 Reserve Date conv. 1115 Transportation Corp., $4.25 pre¬ ferred stock, series A— May Lorillard (P.) Co., 5% gold bonds due Aug. 1, 1951 Pittsburgh Steel Co., class B, 7% preferred stock— Jun .;•■// I 26 31,198 — — with Interbank and F. R. deposit + + +• 5,885 — : Federal cumulative 1 CALLED • —. Liabilities— U. 'Ratio 150 /■/ 5 + "■ . 579 ——— vault Demand Total liabilities & cap. accts. General 290 13 145 indebtedness—. series, *due I960.Apr ISSUE : C, Colorado'Fuel & Iron Corp., 5,330 218 securities—Total bills / certificates of with in mortgage Series , 160,772 accounts- + — ——— securities Reserve 228,247 — 217 1,263 ______ notes bonds S. Other 1st pur¬ ' Capital Accounts— Capital paid in + 505 Government S. 320,951 208,824 bonds, "3(4% 7,973 5,368 loans sink. fd. Corp., Series carrying: or 1115 1 7,901 + —_■ loans Treasury ^ + 515 banks————— to 2,845,839 liab., incl. accrued divs. obligations securities estate Loans 21,272.176 availability cash items 514 + obligations Government Other 55,304 898,261 l + 33,136 _______ purchasing 1115 1 3,441 + ' 1,052,143 acct._ ; Other Other; for , 19,022,611 for 1 3(4% bonds, Corp.— Series Mar. 22, 19,173 dealers arid securities loans 909 nkge. 570 Apr 1st * 1 Apr 1967 Co. 1 Apr 1970 Power Cleveland Union Terminals \ 967 2nd 1977 mortgage Beryllium \ 864 ' May due due Company and Issue— United •32,687 ;— Government Other 113,110 Other . Member bank—reserve accts. U. - _____ * 1 + due 966 ' stock, Ampco Metal, Inc., preferred stock——— i— (B. F.) Avery & Sons Co., 6% cum. preferred stock - 1278 RR.— ENTIRE carrying: or U. -S. series, series, Peninsula and agricultural — to chasing ■..Liabilities—r 70,447 __: Loans—gross ./ /; Commei cial,- industrial, ; 49,962 , Investments—Total- and Loans—net 6,158 ' Other 1st i 1 May __________ Power series Joseph Light & Power Co.— York (+) or Mar. 14, 965 Co.— sinking fund debentures, —— Sound series dec. (—) since Mar. 21, * 1 1974—Apr 9 ,.'-'1'// V1 5951 1951 1950 '/V/V.V.(In millions of dollars) Assets— 9 — 544,007 — 40,585 — ' 9,919 + V// •+•/ , -" - 1277 763 Gen. Inc. 1 1 1 /+, vv*;-/,.' " 1 23,4 % Borrowings increased $118,000,000 in New York City and a total of $181,000,000 at all reporting member banks. A summary of assets and liabilities of reporting mem¬ 5,858,550 965 965 Upper v -v. 965 May mortgage, series "B, 4 % b*»ds, due" 1967 Tung-Sol Lamp Works, Inc., preference stock Twenty-Ninth Street Towers Corp. 10-year 4% mtge. (now first mtge.) bonds, due 1952 deposits increased and demand de¬ domestic banks decreased in vail to 861 1 969 coupon 1st * 13,595,133 — Government districts. 2,263,777 ' — _ in most of amounts posits 1,421 1,996 securities: * Certificates . 2,461,023 + 3,846 + 470,569 Industrial loaps Acceptances purchased S. — 350,254 and — 347' — 20,618,899 reserves Other.cash "Discounts 3,499 — '601,495 .! Total 1950 R. notes U. 1951 '-v.1 • Redemption Mar.29, 1 1 1174 4(4 % increased $292,000,000 in New York Cityr$123,000,000 in the Chicago District, $74,000,000 in the San Francisco District, $22,000,000 in the Cleveland District, $17,000,000 in the Boston District, but they decreased $18,000,000 in the Atlanta District. Hold¬ ings of Treasury notes and of United States Government bonds decreased $55,000,000 and $31,000,000, respective¬ ly, at all reporting member banks. Demand deposits adjusted decreased $876,000,000 in New York City, $197,000,000 in the Chicago District, $161,000,000 in the Cleveland District, $74,000,000 in the New York District outside of New York City, and by Statement of Condition of the 12 Federal 1071 1275 1 4(4% 2%% bills 1 16 ._______Jun debs., due 1958 Corp.— Products * . *859 Mar 31 United Gas Corp.— Treasury 1 16 Toledo, . merchandise of 1070 1 due 1960_Apr due 1966 Apr mortgage 33/4% mortgage bonds, 2%% series, Sunray Oil Corp.— 4(4% cumulative conv. preferred .658237*+ Holdings 2 Apr 1975 1st .425531*+ V due Apr St. .193269* .658327*+ .561797*t — 963 Oil sinking 1958 .231233 .561797*+ .658327*t ____ .193269* .231125 2.783750 2.800742 > * 1 Apr Puget • .231225 ... 2.783750 2.800742 .496433* .193269* .231500 ■ 2.783750 Uruguay, peso__: Uruguay, peso * * *962 30 Oregon-Washington RR. & Navigation Co. ref. mortgage bonds, series A, 3% due 1960 j. Apr Pittsburgh Steel Co. 1st mtge. bonds, 4(4 % series due ,140154* .496250 .0348083 "Sweden, kronax_J_____„__ 1 Southern Ry. Co.— General mtge. 5% convertible inc. bonds, due 2014—.Apr 2.772896 -.140154* ' Philippine Islands, peso___; Portugal, escudo.. J Straits Settlements, dollar—________ "Nominal.* 4(4% .262540 " Co. sinking National Gas & .115606 .262550 .140154* 1057 Norfolk .115606 .262533 2.772896 •' 3(4% 15-year .115606 .140154* Distillers National Vulcanized .208700 .262533 .262550 3%, (John) & Co., 15-year 3% 25-year .238379* .208700 - .238379* 1169 1 May bonds, Minnesota Transfer Ry. bonds ! .951875 .0193218 . Netherlands, guilder. R ser. stock income .0544060 .238379* .208700 Closed .115606 1st ' mortgage .0198375 .00285625 -■ .238379* '• bds., A .144938* .144938* .208700 ._ class .208500 .0200600 .238379* Co., .950937 .0193000 . _ .00285625 : .0198375 Cup .951328 .. . .144938* _ France (Metropolitan), franc Germany, deutsche mark. 2.231573 * I .0200600 mtge. .0544060 . .208500 ^ general .0200600 ;0192750 .953125 Ceylon, rupee.... 2.231573 .0198375 ; .0544060 1 Kansas-Nebraska Natural Gas Co., Inc.— 1st mtge. sink, fund bonds, 3% % "series,'due 1965—Apr Koppers Co., Inc., 1st mtge. bds., 3% series, due 1964_Apr Lake Placid Co., 2nd mortgage bonds 3%, due 1972 May Lautaro Nitrate Co., Ltd.— .133333* .0716500* f - Apr Co.— debs., 2%% .0716500* .953125 ______ Power Co., 3% % Fink. Illinois Power Co. sinking fund $ .133333* .0193375 Maine Harris-Seybold Mar. 29 .200000* .0544060 ... - •>'. $ .200000* 2.231573 i , .0192700 , i Canada, dollar^ Mar. 28 $ .0716500* 2.231573 i Mar. 27 • 1200000* Closed .0198375 Bank Notes.- $ .133333* .0716500* "Brazil, cruzeiro " .200000* .133333* ___ ^6 Mar. ' .200000* 1169 J." * Chesapeake & Ohio Ry. Co. ref. & lmpvt. mtge. 3(4% bonds, series D due 1996———1—1 _May States 'Money Dixie V Page & Charlotte Air Line Ry. Co. 1st*mtge. 3%% bonds, due 1963 .May Bristol-Myers Co., 20-year 3% debentures, due 1968—Apr Byers (A. M.) Co., 7% preferred stock ^Jun Celanese Corp. of America, 3% debentures, due 1965_Apr Central Country and Date :Apr 15 Apr 15 Co.— Atlanta 1 . Tobacco 25-year 3% 'debentures, due 1969 i- 20-year 3% debentures, due 1962 1 Ampal-Americim Palestine Trading Corp.— '♦ 10-yeair sinking fund debentures, due 1958 - * 45 (1413) Co. Corp. (quar.) (quar.) 4- 1 15c 4-30 4-10 15c 4-27 4-16 20c 4-27 4-16 46 The Commercial and Financial Chronicle (1414) Share Bay Petroleum Corp. Beacon Associates, 1 5-23 4-18 5- 1 4--18 Horn & Hardart Co. 5- 1 4-12 Home 2 2 4- 2 3-23 5-1 4-20 43V4C i; 4-13 4- I, $-15 - 50c v., (quar;)i--<.i; : pfd. A 4-20 3-29 5- 75c: (quar.i —_ Bessemer & Lake Erie RR., $1.50 pfd. (s-a)Best Poods Inc. (quar.) 51 1 5- $2 50C Belmont Iron Works 125c - 4-6 4-24 4-14 . ". ' B common * 5- 1 50c 5- Illinois Power Co., common 4.087< preferred 4.26'/? preferred 4-25 4-16 Illinois Terminal 4-16 Imperial Sugar Co. Industrial ; , Coal Central Hudson Cincinnati Gas 4-16 4-16 5-15 4-20 —— Heating Car Corn 77 Co., preferred (quar.) Cottrell at 3-22 ■ vy' 20c 4-19 4- 4-10 4- 2 $1. 4-25 4- 4- 4; Lord 3-27 4- 2 4- 2 3-27 lCc 4- 6 '3-30 30c 4-10 3-30 . 4- $$5 3-30 2 4- 4-15 2 4- 1 'v 5- 1 4-11 5-15 37 V2C 4-27 4-25 4-10 4-25 4-10 (quar.) (quar.) 3-30 4-20 4-10 15c 4-20 3-28 3- 50c — 3-30 4-10 4- May 10 on on " £$1.50 5-15 £$1.50 Quarterly Linoleum & 5-15 4-30 Monthly : 5- 1 4-16 25c 4- 2 17 c 4-25 : 17c ——-— v.v:\ —-—— — 17c ■■ 7%c Elgin Sweeper (increased quar.)—— $1.19 Williamsport RR. (s-a)— Empire Brass Mfg., Ltd.— £27%c 57c preferred (Initial quar.). i 15c Empire Millwork Corp. ———ii:— 25c Falstaff Brewing Corp. (quar.) ;-l '4%% preferred (quar.)— $0.185625 Fafrington Mfg., common (quar.i ; 15c Glass A (quar.) 15c 5%% preferred (quar.) 69c Federal Services Finance Corp. (Wash., D.C.) Common (quar.) 75c 57c preferred A (quar.i $1.25 5% preferred B (quar.)~~ $1.25 Fibreboard Products, Inc.— 67c prior preferred (quar.) $1.50 Elmira & ___—__ __—_—— — Field (Marshall). See (s-a) — 6% preferred 2 6% 4-16 3-30 4-15 3-30 <h 414To preferred $3 $2 (irreg.)L__^i4_jf . adt. pfd. (quar.),_ Title 4%% 6 Co., 4- 1 Pacific Coast Terminals $2 4-2 3-31 4-30 $0.53375 5-15 4-30 4-30 4- 1 4-13 4-20 4- 5-1 4-20 37 Vic 3-31 Penton 3-20 4-13 3-15 Industries Quarterly Quarterly. ^ Green (H. L..) . $1.06*4 5-15 A- 1 5- 1 . „ J Brothers Rubber prcf. 15c 5- 3-23 4- 2 3r23 $1.25 5- 1 4-20 t75c - 5-15 '4-2 3-16 3-15 Aetna (quar.)_ Insurance Co. 31 Vic qj/4C 5- ,4-24- 2 3-20 3-20 v 3-23 5- 4-14 1 When 3- 7 4- 2 45c; 2V'2% 4- 5 5- 5dc I .4- 2. 4-;? 4-10 62 Vic 3-15 4- 75c ; Holdert Payable of Ree. 3*14 2 3-14\ 4- 6 5-.1 4- 4.30% preferred (quar.)^ $1.07y2 5- 1 5- 1 5- 1 4-20 1 5- 50c 8 investment income Ainsworth • Air Public Service Co; of Colorado, 4V4-% -preferred^ (quar.)u— 4.20% preferred com; (quar.) (quar.)——————- r " "■ $1.25 , 90c $1.17V'2 25c 35c $1.0614 $1.05 . Co. 7c (Watertown, N. 4-20 4- 2 3-15 12 Vac 4- 2 3-21 34 %c "4-2 3-21 Mfg. Associates, Corp. (quar.) Inc. .(stock 4- 6 3-22 8- 1 7-20 13%c-- 4-25 3-31 34%c * 4-25 4rl5. 5-1 5-1 -4-16 4- 5 4-11 4-11 4- 2 . > . ^ 5- 1 6-1 .6-1 > - - 4-13 5-15 5-15 4-5 Y.)— 25c _______ dividend)— One. share of 6% convertible preferred-for each share common held.-- —- Airline- Foods 5V2% 5%% Corp.— preferred ($10 par) preferred ($25 par) (accum.)__ (accum.)—;—_ Akron, Canton- & Youngstown RR.—* 5% preferred- (s^a)-— ' _.. 2 75c Ins. Aid Investment & Discount Co., common^ 5 Va 7c preferred (quar.) 4-10 $1.25 net (quar.) Quarterly 4-10 $1.10 ;___ From Agricultural 1 4-10- 1 5- 95c . 3-141 4-20 — 4-16 - 3-31 75c •4- 15c (quar,)___ at the rate of 5c per share.) Portland- Gas Llghtr Co;. $5 pfd.! (quar.)_jt Potomac Edison Co., 3.60%, pfd, (quar.) 4.70% preferred .(quar.)— ! Prentice :(G. E.) Mfg. (quar.) 12-1 1 5-19 60c 50c $1.50 pfd. \ 12-10 1 Co. Aetna-Life Insurance 3-28 40c 4-19. 6- Affiliated Fund, Inc.— 3-28 50c 4-19 1 4- 2 3-20 » 9 1 X 50c 4-20 1 9 6-1 5- 5- (Hartfordi. 5- 3.80% x 25c : Addressograph-Multigraph Corp. (quar.) Casualty & Surety Co. (quar.)___ 3-31 4- 9- \ 50c. Aetna 3-20 $4 3-30 1 25c Per 3-15 4- . , Share 2 4-10 9-10 3-26 4-2 Mnitiali- 2 4-30 6-10 3-30 $1.25 3-30 5-15 4-10 1., 62 lie —„ 4- 5-15 40c , $1 (quar.) 4- 6-15 40c . ■ 1 2- Adams-M)llis Corp; 15c (quar,) ,, 8- 11* q ; (quar.)_ 8-15 $1.25 2-15-52 Name of Company 5 6-15 35C (Houston) ; $1,25 -11-15 3-15 25c v $1.25 , I 4-23 4- £50c . 3 1 5 3-30 $1 (quar.) 3 7- 1 5- 4-16 $1.25 com. 4- 7-17 Abbott Laboratories 7-16 7- 2. $1 preferred (quar.) Pittsburgh Steel Foundry—4- 2 3-19 5% class A preferred (accum.) $2.50 4-24 4-10 Pittston Company (quar.) 25C 4-28 «?4-19 2% Plywood, Inc. (Stock dividend) ______— (Fractional payments in cash will be mad4- - 4*17 zl- 50c preferred (quar.) Phillips-Jones Corp., 5% pfd. (quar.)—_ Pillsbury Mills,- Inc.. common iquar.)__ 4-10* 5-15 $2.50 Greenwich.Gas Co..$1.25 partic. pfd. (quar.) Participating 5- 15c 17l/2C 5- 25c 4.40% 1 50c 4-25 5- 25c r 5-1 4-25, 5-10 5- Perkins Machine & Gear Co.— '• per 5-10 $1.06% 5-22 Perry-Fay Co. (quar.)————— Philadelphia Co., common (quar.) 6To preferred (s-a)_ 5 4-20 \ $1.12 »/2 (increased quar.). Aberdeen Fetroleum (stock dividend)— 25c 1 5-15 4-2 ; 3-3L' 4-2 5-15 37MjC Co 5- 3-26 4-20 37 Vic (quar.) (quar.)—^ 75c —— . Company Stove 100% . 75c 2 4-16 62V4C _____ 5- 8 2 4-14 preceding table. 6 4- 50c (quar.) (quar.) Publishing Co., common— class A (quar.)— Philadelphia Electric, — — 5% preferred $1.50 conv. •Perfection for Goodyear Tire & Rubber Co. of Canada, Ltd. 47c preferred- (quar.)— Goulds Pumps; Inc., common (quar,):.— 5% preferred (quar,)--Grand 4- 4-16 Park & Tilford Distillers Corp. $i (quar.)—. 4-28 (quar.)— Pal Blade Co., 4-13 35c 57c Great Southern Life Ins. Corporation 5-15 4-30 4-16 50C 25c (s-a) 75c (quar.i (quar.) 4- 2c Below we give the dividends announced in previous weeks and not yet paid. The list does not include divi¬ dends announced this week, these being given in this 3-31 5-15 — 1 General American Transportation— preferred (s-a) Goodyear Tire & Rubber Co., $5 conv. preferred (qiyir.) preferred 6-1 Garfirikel common 4V/2% 5- 4-30 4-16, 1 5-18 50c 4- 4 4-14 12»/2c Packer _____ Goodall Rubber Co., Corp., $1.25 15c 62y2c 4-11 50c — 3-31 — 5-10 >3,-27( $1.12'/a (quar.) (quar.)—— A 4-15 56Vic 3-20 5- 62 Vic Wrigley (Wni;) Jr. Oo. (Del.) (monthly)—_ I Special Monthly ;_L—: Wyatt Metal & Boiler Works (irreg-.) York County Gas Co. (quar.) ;'3r30. (Spokane)— com. Otis Elevator Co ______ 3-30 3-30 $2 preferred Oliver preferred (quar.) Telegraph Co. (s-a) Frick, Company, 6% preferred (quar.) Gamble-Skogmo,. Inc., Common (irreg.)____ 5To preferred (quar.)__ Gardner-Denver Co., common (quar.i 47c preferred (quar.)— : )4- 2 » $1.06V4 Insurance Gas Natural 1 Franklin 3-19 4-2 ■$1.25 Wood Alexander, Ltd., 6% 3-26 . $1;,' ; Quarterly 3-20 _ 4-16 3-27 $1.25 Wilbur-Suchard Chocolate Co., $5pfd. (quar.) ■ 25c t> . „ (quar.)__ 4- _ 4-16 15c (quar.) Wigeia Terminals, common vtc 5% preferred vtc. (quar.)_ w. •: ; (quar.) 3-30 5% ; " i , 1 1 5% * 77 777 2 5- 5- 12 Vic Manufacturing Co. Whitehead : : 4- 75c 5 % The par 3-30 2 preferred A- (quar.) preferred A (quar.) —————___ preferred A (quar.) Whitehall Cement Mfg. Co. (quar.) 3-30 4-15 prior preferred (accum.) Northwestern 4- 4-15 Norfolk & Western Ry., 4% Northern Indiana Public Service— 3-31 5-1 $1.75 & St, Louis RR.— Niagara Fire Insurance Co. 3-31 Western- Pacific RR., common 5% preferred A rquar.)— $1.75 $1.50 (accum.) New York Telephone Co. 3-31 Wentworth 3-30 (accum.) 4-10 4- 17 VaC 3-30 2 4-20 5-10 25c D.) 4-10 $1.50 will be changed from $100 to $20. New York & Richmond Gas— "':r\ 1 4-20* 4-20S 5-15- 40c 4-10 (quar.) value ■ 2 5-15 Common 3-22 preferred 4-17 4-20^ 5-15 5-15 (quar.) 4-14 4- split the common stock 5-for-l. 6-11 4-15 (quar.i__ Stockholders approved the proposed plan to 4-12 '1 4-15 preferred 4-17 1 $1 Corp. 1 5- $l.I83/4 $1 12'/2c Iquar.)__ England Public Service Co.— preferred (accum.) New York Chicago 4-16 4-15 5% 1 5- 87V'2c Waterloo Cedar Falls & Northern RR., com._ $6 5- Vanadium 3-30. 5- 36'Ac 2 A $7 adjustment series preferred 4- United Transit Co., 4-2 4-14 50c 4- class Brothers, Inc., 4%% $7 4- 4-14 4-6 20c - 1 4-27 25c ■ 4-16 ~'i' : 17'/2C 4-15 10c 3-20 7* 7 California $1.25 non-cum. New 5-15 V. 3-20, 1 3-19; Products 2 3-21 4-16 5 Milk 1 +$1.75 (quar.)__ Co., common 75c participating preferred U. S. Radiator Corp., common (quar.) 6% preferred (quar.)— U. S. Radium Corp., class A (Irreg.)— United Telephone Co. (Warsaw, Ind.)— 5% preferred (quar.) Stores— #-15 4-16 of Oil 4- 4-15 & Co. United — 3-30 (J.) Union 4-16 4-15 & (s-a) 15c preferred A (entire Issue called redemption on May l at $101.25 share plus this dividend). General Mills, Inc. (quar.) 4-16 1 $1 Manufacture preferred 20c 25c 25c $4.25 1 5- 4- 4- 7-16 — 4-15 Oklahoma preferred (accum.) (increased quar.)— pfd. (quar.) 57c Junior pfd. B (quar.)—— Fort Street Union Depot (s-a)__ Franklin Simon Co., Inc.— • 5- 4- 6 4-16 3-28 —.— —— 4-30 4-20 1 3-27 92 Vic — (quar.)„_—— (quar.) U5C 3-27 7- 1 > 3v 25c Company (stock dividend) Washington Gas Light Co,, com. (quar.) $4.50 preferred (quar. $4.25 preferred- (quar.^— $3 convertible preferred $4 (S. — Marshall Field & Co. Flour Mills of America, Inc., 57c 4Va 7c preferred $3.50 Warren Florida Telephone Corp. Street, $3.70 4-15 3-21 5- 4-26 4- $l.i2*/2 3-31 Neisner 3-30 4-16 *30c ; 50c 4-20 1500 Walnut 3-314-11 5- 2 4-12 < i>? Co. New England Power, 4-15 preferred (quar.)_ preferred (quar.)_ 4-15 $1.50 ; : ; Warner pfd. New Bedford Gas & Electric Light Special •4-30 of Missouri— $4.50 4-30 4- 5- 17'/2c Union Electric Co. 3-31 4-15 4- —— 9 4-30 '.'if ; 7 5*15 1 4-15 3-28 4-20 i5c Co.— 7 $2 3-16 6-25 Edison 4- 4-i4: 5-25 > 5-25» 8 ■ 4- $2.50 " Monthly 1 • 4 4-2 15c 4-27 4-16 $1.50 (accum.) (quar.)——(monthly)———— — 1 (incr. quar.) preferred B Steel 5- 6- 12- 4-24 10c 4- 3-20 1 12-21 ; —_ 9 3-22 5- 3-15; 9-l$>, (quar.) 4- 1 4-2 f* I6V4C 4-27 National 3-31 5- 3-15 20c (quar.)_ 15c Street Ry.— Eastern Steamship Lines, Inc. "Edgewatet 4-30 20c 3-30 37»/2c Torrington Manufacturing (quar.)__________ Traders Buillding Asociation, Ltd. (quar.) Tuckett Tobacco Co., Ltd., 7% pfd. (quar.) Tung-Sol Lamp Works, Inc., common 80c preference (quar.) 4- $1.75 (quar.) Royal Rice Mills, Ltd:_ 4- 9 25c Monumental Radio Ud.— > £40c 3-21 v 3-15 (quar.) 1 6-13 — 35c Co. Power 7-10 5- 50c ' Extra 4-1$ 7-13 6-29 of America— Warehouse & Terminal Corp. Mount . Ducommun Metals & Supply Co. Eastern Massachusetts 67c Co., — — 3-30 Toledo ■ Montana 1 4-13 3-30 — Co., common preferred (quar.) 75c 4-30 r 5- 9-28 (quar.)-—— (Cleveland! Co. Tower 37 Vic 4-30 4- Co. Paper £$1.25 3-28 3 • x 16 4- 25c Corp._ Finance 4-17 1 5- 20c 2 t40c 6% $1 5-23 28'/aC Time 2 for-one. ' Ltd. (quar.)_ Dominion Engineering Works, Ltd. (s-a.i Terminal 2 4- 34%c :-?;v\7: Mississippi Power & Light, $6 pfd. (quar.).._ Mississippi Valley Barge Line 5c 2 4- directors' a 3*30 Company took no action on com. dividend payment at meeting held on March 26. . proposal to split the capital stock three* 3 3-20 4-17 $1.25 — 4- S1.06V4 (quar.)_ 3-20, 1 4- $1.25 — Container 4-14 2 (quar.) 3*20:, $1.25 ______ 4-14 25c ing to be held 3-29 — 5% Stockholders will vote at the annual meet¬ 4-10 $3.50 __ Co. 4* 2"- 2 3-30 4- $1.25 preferred (quar.) «*. preferred (quar.) preferred (quar.)_____________—__ 5% preferred (quar.) _ Sterchi Brothers Steros, Inc. (quar.)J 5% 4-14 4- Messenger Corp. Mission Corp.— 4-10 4-25 $1 2 85c — 3-26 25c 4- £25c Maytag Company, $3 preferred (quar.)_____ McCall Corporation (reduced).. & 3-21 \ 4* 2 25c (irreg.) 50c Field 4-10 5% 4 4-14 13 %c (quar.)__ Corp., Ltd., 5% preferred 30c Co., Dominion" Oilcloth" 4-16 $2 55c preferred Mailman Marshall preferred < quar.) — Biebold, Inc., 4Va 7 1 25c & 4-27 25c ' - Common 10c 50C Dictograph Products Co., Inc. (Irreg.) ^Dominion Bridge 4-16 Tel-Tone Radio Corp., class A — 5-15 '25c (irreg.) Corporation Devon 1 15c — 25c $1.25 — 4-20 _____— ______ Super Mold Corp. (quar.)— Superior Steel Corp v 5-10 25c 5- Corp. Strathmore Taylor, 8% 2nd preferred (qu£F.)_~_ Lowell Electric Light Corp. (irreg.)— Lower St. Lawrence Paper, 5% pfd. (initial) Lucky Stores, 5V2% preferred (quar.) Mabbett (George! &Sons, 77 2nd pfd. (quar.) Macy (R. H.) Company, 4xU7c pfd. A (quar.) 4% preferred B (initial quar.) Madlng Drug Stores, common (quar.)— 50c . Stecher-Traung Lithograph Corp.— be then 3*2'/: . 40c Starrett 10c Extra 4 $2 would 4* 4-1 ___—__ 4-13 stockholders LoomiSrSayles Second Fund, Inc. (quar.) 4 4-16 value par 3-3(1^ 57 VaC* (J. Stone Extra 9 90c — The 3-31^ 4-16 See Franklin Simon. 3-21 ; a for-1. ~ 75c changed from no par to $10. Loomis-Sayles Mutual Fund, Inc. (quar.)_— 3*31 4-13 \2VaC Quarterly meeting to be held on May 18 a proposal to split the common stock 3- 3-22 2 3-22 Company Diamond State Telephone Co 1 Co. 3-30 5- ::;3*3Iv:i Bayton Rubber Co., common— $2 class A (quar.) — Be Bell & Richardson (quar.)—— Co. 4-13 1 the 3i31 4-16 4-16- $L (qu»r.)_.,— (quar.i 75c 56 %c Company (quar. Printing Co., common_____. 50c Stove 5- 3-31 ■ 1 6- 3-31 . ' Lone Star 4-16 —— preferred (quar.) (quar.)—. Detroit-Michigan 5- $1 60c $1.75 (quar.i Bavenport Water, 57 Co. 4-16 $1.30 Link-Belt Company, new com. $5 par (initial) 13c (irreg.) (accum.) —— Mfg. 3-19 2 Cudahy Packing Co., 4% % preferred (quar.) Barling Stores. 6% preferred (quar.) & 7-18 4-16 $1.12 Vi Gasket 1 3-31 r—f 1 preferred (quar.i— & Sexton Co.— Package Mfg. Co. (quar.i——— Crown Life Insurance: (Toronto) (quar.) — Detroit 6 5- >; 4- 2 67c Vilbiss 8- 50c 6- 87 %C 10c Creamery Ik; ,' 3-23 $3.50 IOC Cribben Inc. 4-10 1 6-20 93%c 4-16 25C Inc. Smyth 3-30 $1.50 Baystrom, 1 4- ' 6 -& 7 22c Sonoco 4-16 4- & Sons, common— <C, B.i 5- $1 1 SI com. 3-28 5- 4-t3 ---... 57 .1st preferred Refining Products 3-31 4-20 4-27 3-31" 225/ac Bottling (St. Louis) (quar.)—__ Foods, Inc. (quar.)________ (Franklin I. Smith 3-29 5- 75c 3-22" 4-16 4-14 Electric Scranton 3-30 75c — (irreg.)__ Cement Corp.— Directors will submit to %t.l2Va _-_~20c" 50c Hungcrford) Company (irreg.)__ $1.50 Mfg. Co. (Hartford) irreg.) $1.25 Products, 5% preferred (quar.)___ Southern Bleachery & Print Works, Inc.— 25c Quarterly Southern Fire & Casualty 10c (quar.) Southern Union Gas Co., 5% preferredEntire issue called for redemption on April 16 at $104 per share plus this dividend $0.4306 Southwestern Associated Telephone Co.— 55c $2.20 preferred (quar.) —— 40c Southwestern Life Ins. Co. (Dallas) (quar.) 2 4- 10c 3-26 (quar.) Corp. (quar.i______ ■ Extra 4-20 t- 3-24 3-29 4-15 50c 4- 1 1 Simon 50c 1 '•_™ 74- 4-10 1 Leece-Ncville 5- 4-1 $2.50 — 1 Lincoln 4-16 4- 2^ ] 1 3-30 4-16 redeem ablet. $5 pfd. share held'.)- common 4- $1 — <•• - 4-14 5- $1 (quar.)___ 4- 5 Shedd-Bartush 4-10 preferred 3-23^ 4-20 5- Seven-Up 4-10 30C (quar. Co. 4-2 20c 15c 4-10 1 50c •. 4-16 4-25 60c-;. 25c 4-10 1 4-10 $1.75 ———- —— Converse Rubber, Service dividend) — Schenley Industries 1 50c (quar.)— common (stock 1 $1.50 — - 4-19 £$1.25 Preferred Stock Fund- Consolidated Coppermines 4-16 3-31 $1.18% (s-a)—— —— Consolidated 3-15 4-16 4-19 $1 1 & . 25c - Extra— 8 6 25c 7% preferred (quar.ipreferred (quar.i — pfd. (quar.) Combustion-Engineering Superheater (quar.) Composite Bond Irregular 6- 7-1 4-23 5- V 5.20% preferred (quar.) Kingan & Company, 4% preferred (quar.)__ Lane Bryant, Inc., 4V2% preferred (quar.)__ Lawrence Gas & Electric Co. (quar.) Lee Rubber & Tire Corp. (quar.)_— ;;; - —— Banking Corp. Co., preferred Johnson 4-10 J:6bc..:' Combined Enterprises, Ltd., 5% Commercial 4- 4-iO I0e 4%% Finance, 1 1 Tea 3%'<• 6" 5- , Ointon Water Works, Colonial Jewel Kentucky Telephone Corp. : — — 4-16 5- 4-11 . 4-16 15c 3-20 3-20 4- dividend 5- 47c 1 40c this 20c Y.) (N. 5- 1 $1.12 Vi (quar.) Commerce preferred (quar.)— Jersey Farm Baking, 47 pfd. 5- 5c $4.50 preferred (quar.)——< Cleveland Land & Securities Extra 4-10 1 6-20-> v Haguenay Power Co., 4V*% pfd. (quar.) St. John Dry Dock,■ 4V4%- 1st pfd. (quar,i_ Ban Diegtr Gas & Electric Co., com, (quar,) 4'/2% preferred. (quar.»__ 5% preferred (quar.)__ 4,40% preferred (Initial quar.) Sanborn Map Co — Sanger Brothers (quar.) —_____— Schaffer Stores Co., Inc., 6% pfd. (quar.) 5- Milling. 4To pfd. (quar.) — Mortgage Co. (Bridgeport) (quar.) Central Power & Light— ^ Jersey 4-13 1 56 %C (quar.)————————- Clinchfield Coal Corp. 1 5- 5-15 quarterly — Clarostat Mfg. Co. (quar.i Cleveland Electric Illuminating Co.— Increased Common 5- " Co.— Electric Gas & 50c ; & 9 3-31 6-20 1* 4 0 4- 3-20) 3-20^ r All unexchanged-shares called for redeirption on Aprll i at $110 per- share-pins 51c Investors 3-20 15C (irreg. i —— Electric Corp — Chain Store Investment Corp., common— 4%% convertible preferred (quar.i—— Chase National Bank (N. Y.i (quar.)—— Chicago Corp. (quar.)—,. —1— Coke & Central ' 3-31 27c 4- 1 4- 55c International ■>;;v: __ 1 1 eaclv- for 53 VA C (quar. (quar.)— Bank of 4-12 55- 1 7-1 — Mills non-cum. shares 7 5- 4- Safeway Stores, Inc., 5*W preferred— ' $100 (quar.i__ 4-lb 4- 4*21 Cotton 3% (Two . 3-20 ' (quar.i____—— Railroad Co. (quar.)— 4-25 2 4-16 2 4-16 3-31 5-15 5- 1 $75 $28.25 3-31 40c Robinson 4-16 4-16 i 25c 4* 9 $75 $1.17V2 : Republic Natural Ga& Co. (increased, s-a)-,Rhode island Electric Protective Co. (quar.) River Raisin Paper Co; 1 3-31 V'.y-t:- 86c 4-17 5- 4-20 83ic 4- 9 5-15 1 4-1 ^ '4-16 1 — class A 1 4- \ 5- ir®ic (quar.) (quar.)^_ 1 5- 3-31 4-13 35c A 5- 4*30 4-20 4-12 2 Vac class 5- 5- 4-20 — 4-13 1 Drug Co., common™—^ Common * 5 1 25c '4-30 4-16 4-16 5-1 5- 50c $1.75 <4- 4-16 , 5- 12 Vac ; 35c 15c 4-16 4-20 4-10 50c 40c 7 Reed 4-10 4-17 30c $1.50 5-11 5- 4-17 3-30 \ 3-30 ,50c StMc-' Class B ' 4-12 5-10 *4-12 i 12y2c B (quar.) (C. A.), $2 partic. class A (quar,)____ Reed 3-22 50c -• 4-304 5-5' 15c * Class 3-"22 ' 3-30' ;— Y.) (N. <4-13 1 3-31 _ $1.75 '' 6- 9 10c — (irreg.) interest of Certificates, 5-23 20c — Cedar Point Field Trust— 9 5-23 , (Joseph) Company (quar.) Hudson Fund, Inc.;—;__i Hutchins Investing Corp., cl. A (liquidating) Class B (liquidating) — $7 preferred (accum.) $7 preferred (liquidating)— (quar. —— (quar.i 6- 9 ■; 4- • 6- 1 25c _ Special 4- 1 $3 (quar.)— —— $4.70 preferred (quar,)—j————— California Portland Cement Co Canadian Oil Cos., Ltd. 3-27 1, 6- . $1.50 preferred (quar.)—__ Inc., 4% preferred (quar.iBuiidughs Adding Machine Co. (quar.)—. Bush Terminal Co— — - (quar.)— s 4-10 ' $2.50 67c preferred preferred 1 60c Bullock's, $6 5- 75c preferred (accum.) _ — Buckeye Steel Castings, common— $7 4-10 ' $6 Byers (A. M.) Company, common 7% preferred (quar.) — California Oregon Power, common 4-10 1 5:ioc Ltd.— \/*.r Quarterly ——— . —™— 'Brooklyn Borough Gas Co :_™ Brooklyn Union Gas Co., common— 5% convertible preferred" (quar.»_„.—__ Brown Company, new $5 1st pfd. (initial) — New $3 2nd preferred (initial)— i— . 1 5- ; 40c .V-;•— British Columbia Forest Products, 5- 40c (resumed) (resumed)- A common 3-31 \ Black, Starr & Gorham, Inc.— 4-20 5-14' 5- Shares Pagdbbr of Iteet Quarterly Distribution Shares, Inc. (quarv)__ Reading Company: (quar,)____ Red Top Brewing, class A (quar.)™. 4*-5 4-16 . >Hart;, Shaffner 3-23 3-30 $1.50 Bell Telephone Co. of BUtmore Hats, Ltd., ' - 75c : (quar.) —i, Pennsylvania (quar.i.. 1st preferred $6 44- " - * 5-1 SI (quar.) convertible preferred (quar.;_-__~.— Beaux-Arts Apartments, $3 prior pfd. (quar.) 7% 3-23 •„ 35c 62 Vic (quar.)_A— refy.-- Whenr ; Holden Home of Companf Payable of Red $3 Griscom-Russell, 67c preferred (s-a»— 40C & Marx——___™__™w". J 68%C Hartford Electric Light Co. (quar.i. 50c Hartford Gas Co., common (quar.)— 50c 8To. preferred (quar.) Hartford Rayon Corp., 57 conv. preferred— $2.37% (This payment'clears all arrears) 12 %c 5To conv. preferred (s-a)_ Hartford Steam Boiler Inspection & Ins. Co.—■ 40C Quarterly — $1.12% Hat Corp. of America, 44/2# pfd. (quar.)__15c Hayes Manufacturing Corp.— — 40c Hecht Company^ common (quar.)—r— 93 %c 3y*7o preferred (quar.)—— $1.25 Hercules Powder Co., 57c preferred (quar.) 15C Hlgbie Manufacturing Co. —— 62 %c Hightstown Rug, 5To pfd. (quar.)—; 25c Hoffman Radio Corp; (quar.)-——— £l5c Holden Mfg. Co., Ltd., class A (quar.) 25c Holly Sugar Corp., common (quar.i—— 37%c 57c convertible preferred iquar.)——___ 50c Home Light & Power Co. (quar,) 25C Hook Drugs, Inc. (quar.) 3-30 Holdert When - Share Name of Company 3-23 $1.50 (quar.) common Per- Holdert When Payable of Reo, 12yac " 5%" preferred / Per . Name of Company Monday, April 2,1951 . . Alabama Class By-ProductS. class A A •Class;A Class- - B Class -B Class B - ■ 3-31 t _ ■ $2.50 —_ (quar.)—*—. (qua*.)— (quar.)_r—— ; (quar.) —— (quar.V--.—;—— (quar.i ———— * ' . 250 25C. , 25C 10- 9-15 5- •4-21 -8- 7-23 11- — 25c, 5- 25CU, ' Zf 25c- 11- 10-22 -4-21 7-23 10-22 Volume 173 f.V.fr Number 4999 *' **, Name Alabama ■ . Share pfd. (quar.) Electric (quar.) $1.50 3- 9 Barcalo $1.06 V* Equipment (quar.) Inc. :__ Stores< Corp., common (quar.) Aluminum: $3.75 Co. America of preferred Aluminum Co. 3- 9 5c — 2 4-20 Barium 75c 3-15 93 %C 4% pfd. 4- 2 3- $250 6- 1 4- 2 3-15* 9 Mfg.-Co. (irreg.) Amalgamated Leather Cos.— 6% convertible preferred (quar.) 75c 4- 2 35c 4- 2 30c 25c 4- 5 4- 5 3-24 American Air 5% $7 Insurance (N. Filter, convertible preferred Y.) (quar.) ,) (quar.)_"__ (quar.)_. .__ American Asphalt American Automobile Insurance American Bank Co., 6% Note preferred American Book Bosch American Box Corp. .r* - 4-21 4-10 6-11 $1 4- 2 3-15 25c 4- 2 3-15 New pfd. series A American Hoist Bath 2 3-12* 1 4-20 4-16 4-10 4 3%% 2 3-15* Beech 4- 2 3-20 3-20 4- 2 3-20 4- 2 3- 5 4- 2 3- 5 4- 2 3- 5 Co. Insurance Co. American Bethlehem 3- 1 3-14* 4-13* 50c - Blackstone 4.25% 2 4- ; 3 Bliss 1 - 4-20 Bon 5- 1 4-20 American Mutual $1.12% 6- 1 5-21 10c 4- 3 3-23 J'und, Inc.___ 12c 5- . 3%% Boston 4-16 3-20 5- 4-16 40C preferred Paper Co. 7 % preferred.- (quar.) preferred (quar.) preferred (quar.) American Republics Corp. American Rock American Seal-Kap Corp. American Snuff preferred $1.20 , 50c . Yarn 70c American Zinc, Common 3- Bralorne G.) & (quar.) Co. Sens 20c 4- 4-16 3-30 Brandtjen 4- 2 3- 8 4- 2 3- 8 5 1 Mines, & Brazilian 6% ; — Ltd Inc._. _: 2 3- 5* Bridgeport 50c 4- 2 3- 5* Briilo $1.75 4- $2.25 4-16 3-15 $2 preferred A (quar.)_ Bristol-Myers Co., 33/4% preferred (quar.)__ 4- 2 3- 9 British-American Assurance 4-16 4- 2 British 3- 5* 2 • American 2 3-16 4- 2 3-16 Ordinary 15c 4- 2 3-16 Ordinary 4- 2 3-16 Preference 4-13 3-22 5- $1.25 _____ A $2.25 ... British 4- 5 6-26 5 6-26 British 5 Apex Electrical 1r/o Mfg. prior preferred Arkansas Natural -Class Corp., 4-23 3-30 4-23 3-30 Bruce 2 3-15 2 3-15 (quar.) Armco Steel Corp., 4 %% ccnv. pfd. (quar.) Armstrong Rubber Co., class A (quar.) $1.75 4- $6 pfd. 4%% Arundel 3-16 2 3-16 Brush-Moore Newspapers, 5% preferred (quar.) 593/aC 4- 2 3-16 Bucyrus-Erie 12 %c 4- 5 3-14 75c 4- 2 3-19 25C (quar.) Corp. Hegeman Corporation (quar.) Electric Co 4- 2 3-20 ; Ordinary (final) Atlantic City Atlantic & Sewerage Thrift Auto Fabric ' Plan, Class B 7% Products, ' 30c ___ 1 (quar.)—class A (quar.) 17 %c ">' 3-15 3-15 4'/2% 3-15 5% 4- 2 3-24 Butler's, Inc., common (quar.) 4J/2% preferred (quar.)___ Caldwell 4- 2 3-24 4- 2 3-24 37 %c Ins. Co. of Hartford ._ 4- 2 3-24 California A; ' Welt Inc. 3-14 1 4-14 Co. Co. (quar.) (quar.) '5-15 1 4-14 California 5 3-26 Camden 4- 2 3-20 50c 4- 2 Campbell-Taggart Associated Bakeries, Quarterly U Canada Bread, 5% preferred B (quar.) Canada Flooring Co., Ltd., class B !____ 1 12 %c 4-10 50c 4- 3-12 4-10 50c - 3-30 3-30 Canada $1.50 3-20' 2 4-14 3-30 Securities Corp. 6- 1 8%c 4- 2 25c common 40c (quar.) America National Trust & Quarterly Bank of New York & Fifth 4- 2 $1.50 3-20 Class Canada • 4-20 4- 2 44- 2 3-10 $1 4- 2 .3-10 Quarterly >' \ 2 6-30 35c 3-10 4- 2 Canada Canada Canada $3.50 4- 2 Inc. 7% (s-a) 3- 9 Ltd., Ltd. $4.50 4- 9 •' common.— (quar.)_'__———• " Illuminating 4- 2 3-20 4- 2 3-15 6- 1 5-10 9- 1 8-15 4- 2 3-16 4- 2 3-19. of Co. 3-31 $1.75 5-1 4-27 4- 2 5c 4- 1 3-15 6%c Co. 4- 1 .,3-15 Company Coca-Cola Cockshutt Plow 3-20 (quar.) ^ 9\ - 1 3-10 1 3-16 4- 2 3-23 4-13 25c ; 3- 4- 10c • 1 4- 20c 3-30 ' $1.75 — 4- 2 3-19 $1 . 4- 2 3-19 4- 2 3-16 ___ (Dan) Company (quar.) 4-30 Coigate-Palmolive-Pcet, common 3%% preferred (quar.) 3-10 Collateral 4-10 Collins Loan Radio Co. Fuel & 2 3-16 6- 1 5- 1 9- 1 B- 1 4- 2 3-22 5-15 4-24 50c 87%c 6-30 6-19 (Boston) (quar.) $1.25 4- 2 3-13 pfd. (quar.) 68%c 4- 2 3-21 $2.75 Co., (quar.)___ 4- $40c 25c (reduced) (quar.) $7.40 $40c Corp. Co., Ltd. Quarterly 4-13 4- $1 International 4-14 4-2, $1.12% Products Co Coca-Cola 9 50c 2-26 i (monthly) York New 7 4-16 $1.12% Clinton Colorado 3-22 3-lb called 3-15 per Iron 5% preferred—Entire issue on April 17 at $21; convertible for share redemption plus this dividend,= 5-15 V4-30 Columbia Breweries, 4-30 Columbus Mutual 4-25 3-20 4- 2 4- 2 3- 1 3- 1 4-30 3-15 3-31 . Columbus & Commercial (New Southern 9 Trust 4- 2 Co. (Jersey Co. (quar.) International Commonwealth Investment 2-28 4_10 4-10 3-10 (quar.) ■= Commonwealth 3-31 City) Corp.— * pfd. $6 preferred (quar.) (N. H.), 7% pfd. 3-21 4- 2 3-22 4- 2 3-22 12%c 40c 4c 4-16 4- 3 1 3-29 .4-16 3-31 5- 4- 2 3-14 4- 2 3-12 51.75 4- 2 3-12 4- 2 r — . j $1.50 3-13, i5c Concord Fund, Inc Concord Gas-Co. 2 $1.37% (quar.)— ^'"57 preferred (quar.) Commonwealth Water & Light— 3-26 4- 10c Co._. 5%% 9-20 4-10 4- Co. - Inc. Edison 3-20 3-20 SOc Co Trust Hotel, Commonwealth Water, „• & 2 4-10 10-10 35c (s-a)_ (quar.) 3-23 5-1 5- L, 5- 1 Electric Bank 3-15 4- 2 4-16 4- 2 5- 1 4- 2 Ohio National Extra 4-17 25c Co. $5 $5 Insurance — York) Commodore 13.06c (irreg.)-*—5c 50c Inc. Life Semiannual Commonwealth $25c "$31c $$1.25 6- C _ $30c ' 3- $50c (quar.) 5-15 5-15 4- 2 4- 2 ■' 3-28 7-16 25% Inc., common preferred (quar.) 4- 2 4- 2 4- 2 , 4 4-16 .. (quar.) Cluett, Peabody & Co. 7% 1st preferred (quar.) 4% 2nd preferred (quar.)) Cohen • 4- 25c $1 Ry. common on 4-14 1 3-19; (quar.)_ Ltd., class A (s-a) Club Aluminum 4-14 5- 1 5-15 4- 2 3-19 2 15c pfd. Stockyards 3-16 3- 2 $1.25 3-19 3-15 3-16 4- 4- Telephone— Foods, Trust 4-20' 50c $1.25 3-16 ,3-15 ,.-5- Union Electric 4%% 4- 2 5- 1 5- 1 5- 1 4-14 3-30* - Suburban Bell preferred Clinton 9 4- 2 .4-25 $1.75 1 convertible Cleveland 7- 9 4- 2 4- 2 4- 2 1* $2 75c com. (increased quar.) preferred (quar.) Cleveland Builders Supply (quar.)__ 7- i 2* 10- 12-/3* 20c : —— * dividend 5%% 3-12 4- 7- 10-15 Clary Multiplier Corp., 8 2* 25c Baking Co., 7% preferred Equipment Co.— Stock 7-16 6 4- 12-18 • ^ (quar.) Clark 3-28 4-27 £ (interim) (quar.) Canners, preferred City 50c 5 4- 50c. (quar.) Circle Bar Knitting, $75c t75c — —— Co., preferred 5% 3-28 4-16 ' 43%c (qua;*.) Co. 5% 3-28 1 50c Electric, 4% Cincinnati $50c Steamship Lines, Ltd. (s-a)-_^_i.'uuL > +50c Varnish, 5% preferred (quar.>;hi£(~< $31V4C Western Cordage Co., cl. A (quar.); \tl2\ic preferred & 3-16 -t_;—•» Ltd. ' (quar.) Gas 3-10 4-15 4-15 4-15 4- 2 4- 2 4-27 7-27 5- $1.12 preferred & 3-29 5- 4 50c Cincinnati New Orleans & Texas Pacific Commercial B -" (quar.; Securities Quarterly 3-15 4-14 5-15 87%c : ; • 4- 2 4- 2 <quar.)_—$30c (quar.-)_^_^____~ $S5Corp. (quar.) $15c quarterly Bronze Oil 3-31 Ltd. Mortgage Corp.— Breweries, Cotton 4- 2 $15c ?45c ——— 2 — preferred ^4- 2 , .? Canadian convertible Christiana "V*' 3-20 Ltd.— Permanent Canadian 3-31 3-15 SI $62V2C $25c 110c — 4- Quarterly 3-19 >• « (s-a)__ Canadian 3-23 4-13 4- 2 Co. Power 3-15* 5% - Packers, (quar.)__ participating class A B ;■ 4-30 50c (s-a)— common—______— 5-31 Eank— ; Ltd., Northern Increased Class 40c (quar.) Avenue Canada 3-13 Savings 1 Co. 5-15 $1.75 : of the Manhattan • $i.06y« (quar.) (quar.) Bank Foils, Participating Iron Foundries, Canada (quar.) preferred preferred 25c 4-16 50c (quar.)_: Association participating class A Canada Life-Assurance (quar.) Bangor Hydro-Electric Co., 7% preferred (quar.) 60c Service Insurance Canada Corp.— Subject to stockholders approval at the annual meeting to be held on May 3._ Baltimore Porcelain Steel Corp.— preferred "< Water Fire 3-.,9 3-14 75c (quar.) Chickasha 75c 62(ic (quar.)___________ Co. 2 5- " of preferred (quar.)_ California Packing Corp. 2 2 13c 3-15 4-30 $3 , $3 4- 4- 50c 3-15 28VsC $20c $37c $20c $5c : 6- 8C 2 12Vbc ' • 4- a 1 4% % Co. 15C Badger Paint & Hardware Stores, Inc.— Quarterly :_ Baldwin Company, 6% pfd. (quar.) '# 2 5- Power $1.12 , (quar.) Extra Bank 4- Electric 15c T.), Wilcox & 3-24 8c Mfg. Co (B. 2 30c (quar.) ' Bancohio ; — 5c (quar.)___ 4- 5c preferred Mills, common (monthly) Common (monthly) r$4.50 preferred (quar.) Baldwin ! Linen ' , 2 4- 2 25c 28V8C 3IV4C prior preferred (quar.) preferred (quar.)__—_____ non-.cum. Mills, Ltd., common (quar.) SI.50 1st preferred (quar.)— — 80c 2nd participating preferred (quar.)__ Calgary & Edmonton Corp., Ltd. (s-a) Avondale 4% : 5c (quar.) convertible Automobile 7% " -' 5c 3- ; Manufacturing Co., common 2 •■ 3-22 6 $1.12% 1 Chicago, Milwaukee, St. Paul & Pacific RR. Chicago Molded Products— Chicago Pneumatic Tool Co., common 3-30* 2 3-21 ' 4- „ 2 3-30 (quar.) Chicago Railway Equipment Co.— 7% preferred (accum.) $50c common 2 3-10 Co. 2-23 $50c $50c common B 4- Extra Backstay B Class 4- • ' Babcock Class 3-17 3-10 2 Chicago & Eastern Illinois RR.— $2 class A (accum.) v.,\•,. :'.v. — 4- ", , preference A 3-10 2 4- Building Corp.— preferred conv. 40c $1.75 f 15c (quar.)_ Common Babbitt 5-15 conv. 3%% Cincinnati .. Ltd.,! class Valve $1.25 —_ preference 2 4- $1.50 (quar.) Mfg. Co. (quar.) $1.25 tlOc Extra Axelson Co., A 4- $1.15 4- 2 — Bush Chapman 3-30 4-13 4- _____ 4- 2 2 4- (quar.)jui__i_: .10c (quar,)oti—— '* 5c6% preferred (quar.)____. ^ 15c Building Products,: Ltd $45c Burlington Steel Co., Ltd. (quar.) $25c & 87 %c ___; ; (accum.) common ."Class 3-16 (accum.) (accum.) common Burns 2 Chemical Fund, Inc._: Chesapeake Corp. of Virginia Chesapeake & Ohio Ry. Co. Inc.— noc Automobile Banking Corp.— \ $1.50 3-16 4^ 5'i ' A B 4- $1.21 A Co. common Class $1.12% preferred Cincinnati Budget Finance Plan— 4- Corp. Commerce A 15c (quar.) 5-31 75c (quar.) A ! 2 5- preferred Ltd., "i3-22 2 4- 93 %c * Class 4- $1.25 (quar.)_ pfd. B 3-20 .-'3-22 4-16 25c (quar.) Telegraph Co. (quar.)_— Ohio * 4-17 15% (quar.)__ Atlantic Refining Co., 3.75% Atlas Tack Corp. (quar.) Atlas a ; Co. Co., preferred Class (quar.) City Electric 7% 3-21 $1.02% (annual) A 90c . (quar.) (quar.)—— 3-15 2 4- Associated Electrical Industries, Ltd.— Atlantic preferred 4-14 4- (quar.)_____ Paper & Fibre Co. class 10% Brunswick-Balke-Collender $5 $4.50 Company— 4- of A class 10c " (quar.) dividend 25c Constable Arrow-Hart L.) 25c $1.12% (quar.) preferred Arnold (E. Stock preferred (quar.) 3-10 3-24 class $1.25 , Browning-Ferris Machinery, common 6% preferred (quar.) i . $3.60 Co., 3-21 . 3-16 $2 " 3-10 4- 4- (quar.) 5% $2 :$1 4- 32%c $1.02% 15c — — 30c common. & Light Co., preferred B common (quar.) 3-20 4- $1.50 •Class preferred $1.12% $1.18% ;___ $2c 25c (quar,) common 30c ._ (quar.) %1 Bigelow, ■ " 4- Pasco Copper 3-15 22c v; — 3-16 4-10 3-30 • 3-30 2 25c 1 4-16 3-30 4-16 4- $1 4-16 2-26 $40c 4-16 9 45c $2 (Interim)__ 40c (quar.) 3-15 5- 9 4- Co. 4- 9 ?10c 3- 4-30 (quar.) Electric— (quar.)_ 4- 2 4- 2 $$1.19 3-9 2 4- 9 10c Co. (quar.)___ $$1 (irreg.) Ltd. 2 2 2-26 (quar.)__ (s-a>__ Mines, preferred Class 2-28 4- 9 Power preferred 4- 4-30 (increased) series A 2V2C pfd. 3-20 4- 4- • 5% 3-26 ; k 4- 9 ' 3- 5 "25c (quar.) preferred Champion 2-26 Is Maine —-^CBamber 1 2 V2 % 2 Stock dividend 2 4- 9 4- 25c preferred (quar.) Cerro De f3-23 3- — Brown Shoe 25c — (quar.) Gas Brown Durrell Co., 4-10 4-12 . Power 3-28 10c $1.75 common A Arkansas Brown Porcupine 2 4- 3- 5 2 Centr^r~Ohio Steel Products 1 ———-— Investing Corp. 3-26 Broulan 3-15 4- 4-16 3-16 2 4- CentraljOhio Light & Power Co. (quar.) 3-15 3- Products, Ltd Corp.— County Trust Co. 4- tlOc ■ Ltd Co., Street 4- 35c. ', 4- 2 50c 4- 2 4- 2 4- 2 - Bronx 4-13 2 6% 3-30 $25c $23 ll/25c (quar.)___ 4- $1 (quar.) Co., A 30c • 10-15 Is (quar.)___ Power 40c 5 Central 4-16 2 4- $1.75 (quar.) preferred 4% % 3-15 • (s-a) Forest Columbia 4.10% 9 3 ,4- $1.18% Trust 4.10% preferred series B Central Illinois Light Co. 3.50% $$2 — 4% '• 1 4.60% 4- Co. & & preferred 7-14 .. (quar.) (interim)— Broad 1 . 4-20 10c Illinois Elec. & Gas Co., com. 3-23 93%c s-a)_ (s-a)__* registered Columbia Class preferred-^- Entire issue called lor redemption on June 1 at $10.50 per share plus this dividend Anchor Hocking Glass Corp., com. (quar.) .".'■'$4 preferred (quar.) Oil bearer preferred British 7- 9 Co., Ltd.— Columbia Electric, 4%% 1 7- 75c t —. (increased Co., Ltd., com. registered preferred 4.75% 3-21 (interim) bearer Preference (s-a) Oil British American Tobacco Co.— (auar.)__ common 3-15 4- . 4V2 % Central 2 - -— preferred 4-2 15c ) (quar.) common . 25c (qi 9 8- 1 11- 1 4- $$1.50 ~ 40c (quar.) Hydraulic (quar.) Mfg. Co., 3%% 11- Sugar Hudson 4-14 25c $25c preferred 4- " i: < Gas Traction, Light & Power Co., Ltd. 25c "preferred (s-a) Ampco Metal, Inc., 6% Co. Central $23c 3-15 $1 5 $20c , : 4- 2 — $1.50 $4.50 Anglo-Canadian 8-10 Aguirre 3- Ltd., class A (quar.) 2 ■' 4- $$1.75 : Extra $10c — Kluge, •) & Smelting ' Angerman 1 Central 75c 4- (quar.) $5 prior preferred Amoskeag Company, 9- 11- 50c (quar.) Bank (quar.) (quar.) Brantford Roofing Co., Class A (quar.) .w Lead Central Hanover , 3-26 30c (quar.) 1 5-10 3-16 ioc B 3-20 2 (E. 3-23 ; (quar.).* 4-10 1 Brach preferred 1 2 3-26 2nd 6- 4- * (initial) Co. Yards 2 Celotex Corp., common (quar.)_„ 5% preferred (quar.) 4- 2 4- Stock 4- ' 5- 1 , 12- 4-16 preferred 25c (initial) $1 Insurance 20c . 7% 1st 30c 50c <quar.)_ com. 60c New Bourbon 10c 'Class 3-14 3-14 $1.25 . (quar.)___ Processing, com. & 2 2 preferred Extra ' 44- $4.75 2 5% Wringer Co. American 3-16 4- $1 87%c $1.75 . 4-2 4-16 5-10 m'mrn American 4-16 4-30 25c 37Vic (quar.)_ Cassldy's, Ltd., common (quar.)___ 7% preferred (quar.) Celanese Corp. of America . 3-15 2 8-10 (Indianapolis)- American Telephone & Telegraph American Tobacco Co., 6% pfd. Carrier Corp., 4% preferred Carriers & General Corp 3-20 4- 2 4- 1 Boston 3-31 $2 7-20 1 1 1 2 3-30 1 (increase< 1) _ 4-10 54- 4-14 6- (quar.)_ (quar.) 4-20 50c $1.25 4-11. $1.12% w -*• preferred $1.25 1 i $1.50 Co. Ins. . 5- 9- (quar.) American'States 3-15 10-19 12- -W- (Del.) commcn 3-12 2 25c new 60c Corp Co., 2 4- 1 $3.08 37 %C (quar.)___ 4- 933/4c 1 $1.25 1 3-23 $1 (quar.)__ 1st pfd. 1 (initial) 9- Co 8- (initial) 6-1 2 5- preferred 12- 4- 11- preferred 9-15 3-24 75c ' $1 5% 6-15 3-10 3 $1 5% 12-15 2 4- Ltd.— $1 New * 4- 20c Co., (quar.)_ (quar.) 3-15 $1.75 3-15 (quar.) A Transit 2 (quar.) 4-16 $1.75 preferred 4- preferred .(quar.) 1 ■ $50c . (quar.) Co. 6-18 preferred 2 —m 3-29 preferred 4- $1.75 ■«* 7% 4-2 4% 5- —__ 7% 9-17 $$2 4% 50C - 3-19 7-16 10-15 3-15 37 %c .«* ______ (quar.) 3-31 4-16 2 (quar.) RR., 6-29 4-15 4- Common Goods Wool 3-20 New (quar.) Optical 1 Boston & Maine 7-14 $25c 3-20 Common Boston 12 %c American 3-31 $1.37% A Edison Co. (quar.) Herald-Traveler Corp. 1 4-16 \ ) American preferred j$l.l2Va : 3-13 (quar.)____ (George W.) Corp Borg-Warner Corp., common (quai\)____ __. 3-30 Carolina, Clinchfield & Ohio Ry. (quar.) Carolina Power & Light Co., com. (quar.) $5 preferred (quar.) Carolina Telephone & Telegraph (quar.) Carpenter Paper Co. : 2-21 3-23 4- 3- 9; 9 3- 25c 1 Company, class Book-of-the-Month' Club 2 2 4-14 4% (quar.) Ami 44- $$1.12Va 62%c 5- preferred +$2 '$$125 • (quar.) 2 W.) prior A Shoe Capital 4- 4- 2 (quar.) 3-30 "5%% 3- 9 $$1 4- Borg Co., Ltd. preferred (quar.)_____ (quar.) 2 2 4-14 35c Company (quar.)_____ Bobbs-Merrill, 4%% preferred (quar.) Bohack (H. C.) Co., Inc. Metal Co. preferred $1.25 , Molasses 3-30 2 2 (quar.)__I 3-15 $1.06% quar.) 3-26 4- 2 Carnation Company, 3%% 4- 3- 9 Gas Capital Administration 15c 5 / • American 3-15 4- 5-25 4-16 "$37,/2c Class Cannon 4-16 25c 4-14 25c 97 %C _ Natural 2-28 ' (quar.) Western 3- $10c 6-15 A$30c Westinghouse Co., Ltd. (quar.) Canadian Wirebound Boxes, Ltd.— ■ (quar.) 5% £35c Canadian Valley Gas & Electric— (Phila.), (E. Canadian 3-10 2-28 $1.75 3-30. 4-14 jiOc 2 Ltd. 3-31 4-30 +ioc 2 4-15 4-16 Common 2 43%c 3-31 Common . 4- ' 3-15 4-16 $20c (quar.)___ 4- ; 2-28 2 Common $3 Corp. preferred preferred 4- $50c 2 4- common Vickers, Ltd Western Lumber Co. 50c (quar.) 50c - '■* American Canada 3-16 1 ; 2 4- $$2 ' jioc 1st 3-10 4- 2 • (quar.) Blnks Manufacturing Co. (quar.) Birmingham Fire Insurance Co. (red. Machine & Foundry Co.— preferred of 2 2 ' __ Steel Hats, Blauners * Co. Biltmore 2 3-14 3-15 4- !$1.12Mi X22c $$1.50 7% preferred (quar.) Bickford's, Inc. (reduced) — _: Telephone 3-15 4- 2 4- 2 4- 3-30 3-2 $$1.75 Ltd., $$1.75 3-16 4- 4- 2 3-14 $35c ! 4-20 5- Canadian J25c (quar.) common 2 IOC 25c Canadian » • Co Ltd., 2 4- 4% % 3-15 (quar.)— (quar.) 4- 25c (monthly) class A Ben-Hur Products, Inc.— $1.75 prior preferred (quar.) A (quar.) (Newark) Bell RR. preferred 4- 25c $1.50 ' Creek 7 % 4-30 50c ; ._ (quar.) (quar.)_ Belding-Cortlcelll 2 87 %c :___ preferred Co., Ltd. 2 $1.12%.- (quar.) common preferred 4- (quar.)—______ American La France-Foamite Corp.____: 6% Lumber $1.40 30c ._ 3-19 4-16 2 4-16 (quar.) Refractories, 4%i% 1st pfd. +20c Co., convertible Beaver Canadian 1 4- SI 45c Beatty Brothers, l td 3-27 • ' 4* 4- 2 pfd. (quar.) (quar.) 3-2 $$1.50 Canadian Oil Cos., Ltd., 4% pfd. 8% preferred <quar.)________ 5% preferred quar.) 3-19* 3- 2- 4-2 4-2 1 Industries, 5- 50c , Beatrice Foods 4- 2 2 J30c Canadian Motor Lamp, Ltd. Extra ' 4-4* 4-12 4- 4- Products, Ltd.— preferred 50c 84%c Corp 3-12* 4- 4-12 25c $1.12% ; 2 (quar.). Products Corp. Increased • Works Corporation $1 (quar.)____ Derrick & Home American '6% Iron (quar.) 4- 10c American quar.) 15c preferred $1.75 American Felt Co., 6% preferred (quar.)__ American Hardware Corp. (quar.) V.4%% (initial common Holder• Payable of itee. $70c $25c Food Extra 7% When 47 }50c Canadian Co.— Extra $4.50 4- pfd.- series B (quar.)_____ American Distilling Co. (quar,)__ American Express Co..(quar.) ■ . Manufacturing Bausch & Lornb Optical Co., 4% 5- : Extra Baystate 30c Co., 7% preferred (quar.) Crystal Sugar Co., com. (quar.)_ com. (increased).; 5-15 25c Cc._ 3%% 3.90 7o Co. Per Share (quar.) Increased 5-10 6-21 3-31 75c 3-20 5-21 ' . common 4Va% convertible preferred (quar.) Canadian General Electric Co.; Ltd. (quar.) Canadian General Investments, Ltd.— ' 3-22 4-10 , preferred Canadian 2 5c 1 Corp., common (quar.) prior preferred American Cyanamid Co., (monthly) _1 6- $1.25 4-27 4- 2 4- 5c 25c L_. 4%% (quar.) California 1 5c Bates 3-24 5 5QlAc 4-14 Extra 3%% of 4-26 4-16 ■, ■ Cottons, Ltd., (quar.) Canadian Fairbanks-Morse Co.— 6% preferred (quar.) 3-19 5- 10c * 25c Can American A Co. ,.■ , Extra 0% * 50c (quar.)__— (quar.) Board 4- $1.75 .__ (quar.) common (quar.) Co. American American Roof - (quar.) common preferred $1 —_—— 2 5-17 4- 10c Corp. preferred (quar.)— Oil 3-23 5c 3-24 18 %c Alliance 62V2C Corp . . Name of Company 3-16 4- Monthly 3-20 American 1__ 2 4-15 50c : Bastian-Blesslng .• $1.50 •Monthly 3-17 4-16 Basin 3-23 Amalgamated Sugar Co Steel ^ Canadian (quar.) Brothers 4V2 % 5- 9 25c - (quar.) Aluminum Goods Y.) Corp Bartgis Brothers Co. - ___! (N. Holders Payable of Rec. . Mfg. Barker 3 20 4- Oil Co. Y.)— (N. Co., common preferred (quar.) $4 3-20 20C Trust When Share Corp. preferred (quar.) ' (quar.) (Canada) 6% Barber 37 V2C ... &' Per of Company Commercial Bankers 3-23 Allianceware, Allied 3-16 (1415) ■ ■ Bankers 3- 8 Vicksburg Ry., common (s-a)_.. Super MarKets, 6 % preferred (quar.) Alden's, Inc., common (quar.)-.. Allen , Name 3-16 $1.15 $3 8c preferred 1 • Payable of Rec. $1.03 — Albers 4%% Holders When Per - Co., 4.20% preferred (quar.) 4.60% The Commercial and Financial Chronicle . of Company Power Alabama . . (accumj- 4-20 3-31, 75c 5-15 5-.I 48 The Commercial and Financial Chronicle (1416) ' Quarterly Quarterly Quarterly (Toronto)— Association Life Confederation Insurance General Connecticut Life (quar.) . Insurance Co.,— Co. (quar.)—* preferred (quar.) $2.20 preferred (quar.) $2 preferred — $2.04 Class B - Edison Corporation, 4-16 Dunham (C. A.) 5% preferred 4-16 .5% preferred preferred 2 3-23 5- 1 Du 3-23 4-13 4- Pont I.) <E. Sullivan Eastern 3-15 Common $2 Common no 50c 5-18 $1 30c 53c 4- 2 4- 2 3-15 ; V preferred (quar.) — 15c Consolidated Royalty Oil Co. (increased s-a) 10c Consolidated Textile Co. (quar.) 37%:c Extra, —_—' 25c Consumers Gas Co. of Toronto (quar.) t$2 4-11 4-25 4-16 5- 1 4- 2 25c — — — preferred (quar.) Royalties. Inc.— 4'A% • _______ 4.52% Continental Continental (quar.) Gin Co., (quar.) common Continental Insurance Life — of Co. 1— Y. (quar.)_ N. 3-15 6'/a% 3-16 (quar.)— $1.31 'A 4-15 ;r7'Vv;.: series (quar.) 87'/2c 4- 2 3%% preferred 1947 scries (quar.) 87J/2C 4- 2 Corporate Investors Ltd., class A— t5c 4-16 Corroon & Reynolds Corp.— $1 dividend preferred A (quar.)—_• *:'25c 4- 2 Courtaulds, Ltd.— Amer. dep. rets, for ordinary interim 2V2% 4-11 County Trust Co. of White Plains (N. Y.)— ' Quarterly 45c 4-16 Cream of Wheat Corp. (quar.) ; 40c 4- 2 Crown Cork Int'l Corp., $1 class A (quar.)— 25c 4- 2 Crown Cork & Seal Co., Inc. (quar.) 25c 5-18 Crown Zellerbach Corp. 65c 4- 2 30c 4-14 8% preferred (quar.) WlV:': $2 ~ 6"30 Cuban-American Sugar Co., common 1—— > 25c "4- 2 7% preferred (quar.)__ — $1.75 7- 4- 2 7% preferred (quar.)_ A $1.75 7- 2 7% preferred (quar.) v $1.75 9-28 Cuban Atlantic Sugar Co. (quar.) 62'/2c 4- 2 Cunningham Drug Stores, Inc. (quar.)____I T". 25c 4-20 Curlee Clothing Co., 4%% pfd. (quar.) $1.12% 4- 2 4%% preferred (quar.)— $1.12'/2 7-2 4y2% preferred (quar.)—$1.12y2 10- 1 & Forscer, (quar.) common r — , ; 3-22 3-21 3-20 3-12* 4-10* 3-13 — 4- 2 f 6-14 ' 3-16 3-16 6-15 9-14 3-16 4- 5 3-15 6-15 9-15 50c ^-;_;_-;»;«V:'-:""'"::50c ~ 50c Mills, common (increased)—37y2c 4'/2% preferred (quar.) 1—r_7 $1,12 V2 Dana Corporation, 3%% pfd. series A (quar.) 933Ac Dansker Realty & Security Corp.— Class A (monthly)—: y2c Class B (monthly) y2c Class A (monthly) , V2c Class B (monthly)-w— ---777! JAc Class A (monthly)-. y2c Class B (monthly) _.y2c 6%, preferred (initial quar.)__! 5c 6% preferred (quar.) 7'/2c Davega Stores Corp., common (quar.)____— 35c 5% convertible preferred (quar.) .1 25c Davenport Hosiery Mills, Inc.— 50c Davidson-Boutell, 6% pfd. (quar.)— $1.50 4- 2 4- 2 4-16. class A $2 class A class $2 A 1— — Daa River ____ ; . .... 5-30 6-30 6-30 4-107 7-10 5-19 6-20 6-20 4- 1 7- 1 3-31 3-19 4- 2 4- 2 4- 2 3-19 3-20 3-15 10c 4-26 4-12 50c 4- 2 —— • .— Hook & Eye Co. (quar.)_. Pinna (A.) Company, .6% preferred—— De Long De Dean (W. E.) & Company Manufacturing Co Decker • — 15c 4- 2 'Extra —2J/2c Dejay Delnite 12'/2c Lackawanna Delaware Delaware Delta Inc Stores, Power & Western & 25c RR._. Light Co._*——— 1 Di : (quar.)_ 7 (quar.)__ ___7 Corp. Theatres Corp. (quar.) (quar.) Stores Dixie Cup Co., common $2.50 class A (quar.) Dodge & Cox Fund. Beneficial Dome Dominguez Dominion Oil & 4 7% preferred Investment Co.. 3-29 3-14 5% 5% 6-15 9-15 4- 4-30 3-30 25c 4-30 4-17 $$1.25 (quar.)___ 6- 1 5-15 4-19 $38c 3-29 (initial com. $25c 5-1 4-2 $25c 4-2 3-1 * (quar.) 4- 5-28 $1.50 9-10 8-27 $1.50 12-10 11-26 preferred $2 6-10 5-28 preferred class A class (quar.)_ A $2 9-10 8-27 $2 12-10 11-26 $2 (quar.) 6-10 5-28 ' preferred class' A preferred class preferred preferred (quar.) (quar.)„_ B • (quar.)_ (quar.)— B ComDany, 9-10 $2: 11-26 4- 4 25c (quar.)__,, common 8-27 12-10 $2 class, B class (W. T.) preferred Drug 93 %c (quar.) (quar.) Stores 3-15 Great Western Greening 6- 4-30 4-13 Guaranty 4-17 3-31 Guardian 5% 1st preferred Trust 3-30 4- 2 2 3-22 4- 2 3-22 4- 2 3-16 2 $1.50 preferred Guardian Public 3-22 4- 3-16 4-16 2 3rl0 ,4" 2 3-15 4- 2 3-12 4- 2 (Hartford) Guardian (Hartford) 3-16 5- 1 1 4-16 4- 2 3-26 $1:25 7- 2 9-25 10- 1 9-25 $1.25 $3 4-16 3-15 4- 2 3-15 50c 4- 2 3-15 > 75c 4- 2 3-15 $75c 4-16 3-31 $1.25 (Hartford) Utilities Investment 6-30 6-11. 6- 1 5- Trust ► Trust I series • —' (s-a) Investment 4 t 4-16 5- $1 Shares non-cum. 3-10 50c (quar.)_ Trust preferred 3-10 37 %C (accum.) Rail • 50c 7 $1.25 Y.) (N. Investment ' 4-16 4- $1.50 (quar.) Co. 3-20 - 2 2 - . 5 2 4- $5c 5% (quar.)__ Griess-Pfleger Tanning Co. (quar.)__ Griggs Cooper, 5% 1st preferred (quar.)—_ 5% 1st preferred (quar.) 3-29 4- 4- Co., .(quar.) convertible preferred 3-22 3-20 $1.75 Common 2 4-16 40c Ltd.—___ Greenwich Water System, 6% pfd. (quar.)_ Griesedieck w;estern Bre.wery Co.— 6-25 : 3-20 30C (quar.)__ (B.F Wire 3-15 2 30c - Sugar Co., common (quar.)__ preferred 4 4- 20c • 7% 4- _ - 7 ' 4-12 Guardian Realty Co. of Canada— preferred (accum.) ^ 7% $5 3-30 Mobile & Ohio RR. preferred (quar.)— Co.- — • Gypsum Lime & Alabastine of Canada, Ltd.— 7 Kleiser 5 $1.05 75c t$1.50 20c Co., (reduced)— common (quar.)l 2 3-12 Halle 3-12 Halliburton 4- 2 3-14 4- 2 3-14 Brothers —-— Co., 60c pfd. (quar.) Cementing Co. (quar.) $2.40 Well Oil Ltd., Co._ Company, 4- 2 4- 2 3-15 4- 2 3-15 4- 2 3-15 $1.12% 4- 2 2-28 4- 2 3-23 4- 2 3-20 4- 2 3-15 4- 2 3-15 4- 2 3-15 Hammermill Co. Paper 3-15 4-20 3-30 Harding 4-16 3-31 3-30 . 4- 2 4-30 Inc., (quar.)_. American Investors preferred of & Co., Insurance Gas Light—.! 2 3-28 Haverhill 2 3-19 Hawaiian 4- 2 3-19 4y4% 4- 6 3-23 5% preferred 5- 1 4-16 5 %l 4-16 5% preferred 9-10 r 3-30 ?-1 $15c 4-14 4-12 * Electric 2 3-14 75C (quar.)___ 44- 2 3-15 4- 2 3-23 45c *___——_;—_— : Ltd.— * Co., (quar.)__—L_ preferred series C 4-14 21'Ac 4- 5 4-14 4- 5 4- 5 (quar,) Hayes Industries, Inc, A quar.)— Hazel-Atlas Glass Cox (quar.) ——:—_ 25C 4-14 4- 5 25c 4-16 Heinz. (H. 45c Helena J.) B, (quar:) series series E Compapy, Rubinstein, common common 30c (quar.)— 4- 7 3-15 2 3-15 3-30 5-15 5- 4- 2 3-19 4" 2; 3-19 1 A Class Helme ^ 7% A (quar.) 25 c preferred : 5% (quar.) Paper Ltd., common. & Pillot, Inc., 15c 4- 2 3-20 15c 4-. 2 3-20 Henkel-Clauss 20c 5-1 4-17 Hercules Cement 2 3-19 Hercules Motors voting voting dividend 3-20 2 3-9 4- 2 4- 2 3-15 4- 2 3-15 ' — Co., $6 preferred Corp. -$25<T old 1 ^ 3- 9 apd non-voting (payable in,nQn?% common.) Corp., - K- 3-20 ' 4-2 $$2.50 preferred- (s-a)l common—Stock 3-16* , 4- r — Products, i '"•t ; 3-26 4-' 2 43%C (quar.)— ' 3-15 40C 2—— 1 Hendershot Henke :__ 1 (George W.) CO., common • 2 4-10 25c (quar.p— • 2 4- 4- t 3-15 50c „—_— *-14 4- $2 3-15 25c 10c " 3-10 2 25c 11-19. - * 2 4- 8-20 6- 9 12-10 ■ 4- (quar.)_——— Texas— (increased) 6 5-18 5- 4-20 4- 20c $1.12% Co. preferred series D 30c 4-20 " Fire $1.12y2 6%, *7 , $1.50 1. Hartford $1.50 25c 56'Ac com._ 3-19 Co.— (quar.)-" Ltd Co Cooley ,4-13 25c Co., Inc., (quar.) preferred (quar.) General Baking Co., common $8 preferred (quar.) preferred Battery Hart 4- 30c (quar.)_! 2 " $20c 4- 30c Stores, 4s/2 % Hart 4-13 4-30?, , ' 4- 40c Ltd.. Carpets, 9 3- Refractories 25c ra, 9 4-16 preferred (quar.)— Harbor Plywood Corp. (resumed) 7%-c pfd. (quar.) com. (quar.) 3- 1 6% 12V2c 12'/2c 7 2 * 5- Harrisburg Gas Co. 4-2$ Harbison-Walker 20c (quar.)__ Co. 3-15 3-15 2 2y2c 7 (quar.) 2 2 4- 25c 55c _____ "7 « 4- 9 4- $2.50 preferred (quar.) 4'/4 % preferred (quar.) —£ ; Handmacher-Vogel, Inc.,, pffl. (s-a)_— Hanover Fire Insurance (N. Y.) (quar.) 3- $1.06 Va 4 y2 % 4- $$1.19 (quar.) :1 " 3-15 $1 $12%C common t50c , : common Oil 2 1 * 62 %c preferred —___—__—7 Bridge Co., Ltd. (quar.) '_____ 4% $15 common.., ____ Co.— 4- 1 $25c Haloid •A 37V2c t35c (quar.)_ Company— American A 15c (quar.)—____ preferred preferred Brass Class 50c Co., Inc. class A pfd. Canada, Ltd Co., Hahn 4-, 2 4- 75c Co., of preferred 2 50c %, preferred General 6-10 $1.50 (quar.) Gulf, Common 3-29 4nl0 (quar.)__ Gayson-Robinson ' 4-10 4-30 Co., 6% 1st pfd. (quar.) 5- ■ 4-30 5%. preferred, (quar.) $4.50 3-22 7, \ ,* (quar.) 33A% 4-10 $1.06J/4 Gannett Company, class B cony, 4-19 3-22 quar.)_ 3-29 $37c 2 4-30 $3 pfd. A (quar.) Fuller Manufacturing General "".;.'■:■■ Hamilton 3-29 3-15 ■' 35c 1—______ 4-16 7-6 4-13 held) •■."7" 25c 12V2c A 4-16 4-6 3-13 — (quar,) ___— Galveston-Houston Co. (quar.) 1 * Inc. 6 4-16 share pfd. 6 6% 5-1 4'/2% of 5-25 6%: preferred 8- 3-30 4 4- 3-12 $$1 share Great American Insurance Co. (N. Y.) (quar.) Great West Life Assurance Co. (Winnipeg)— 4- (quar.)__ com. 3t15 $$1.25 4-10 6-10 Co., (quar.) Co., class Companies, $2.25 - 35c 1 4-15 Utilities 3-31 7-6 4-20 8 2 4- 6, 5-1 8 2 $$1.25' Dominion Steel & Coal Corp., Ltd.— Class B (quar.) i J.) 4-13 3- 40c Ltd N. 1 * * ■ 3-15 Cs3 62'/2c 25c $1.50 40c 65c 3- 5- 75c ! ' common 3-23 4" 3 25c 50c __. 3- 4- 1 2 3 4- 8-1 4- 10c 3-27 2 4-14 . •3-27 2 4- $43c $25c 3-27 2 4- $50c $25c 2 4- $15c $20c Co., Ltd., com.' (quar.)___ 4- $20c * common 1 3-15 (quar.) 35c pfd. (quar.) Steel, Ltd 4- $75c $$5 VP* 2 .___ (Robert) $75c Gray 4- (quar.) Froedtert Grain & Malting Co., com. (quar.) $2.20 preferred (quar.) 1 Frontier Industries (increased quar.) Fuller (D. B.) & Company, common 6% conv. preferred (quar.)— Gair 3-26 3-22 Stores (The) *3-12 2 Shoe 6th each 8% 3-13 (quar.)___ Y.) T ._____ 5% Dominion Tar.& Chemical Ltd., $1 preference (quar.) West 2 4-14 4- Fort Worth Transit 434% 4- 25c $$1.50 3-15 2 preferred (quar.) Formica Company (quar.) Fraser 3-12 $5c ; ;■ preferred Grant 3-12 4- 6% 412 3-15 5 $20 Light & Pwr. Gabriel ._, (quar.) preferred (quar.) preferred (quar.) Square Corp., 2-28 6-20 9-20 Corp., Ltd.—- Common Dominion 2 20c $17 %c Ltd Co., Ltd., (quar.) Dominion Malting 75c _' (monthly) Dominion Dairies, Ltd., Dominion Foundries & Dominion Glass K__ 20c preferred (quar.) Dominion Coal Co., Ltd., 6% pfd. Corset 3-31 62y2c 5% Dominion 4-16 ' Fields Anglo 3-15 lOc Beneficial shares ; 4-12 2 \c__ (increased) shares Mines, Ltd 1 4- 3-20 2 4- $1.25 15c $1.183A (N. Co., $5 pfd. Foremost Dairies, Inc., com. 4% preferred (quar.) 5- 3 4- 8- 3-30 12y2c 4- $1.50 12%c $1.12% 1 preferred & C/sth 2 9- 3-31 Foster 3-20 $40c B $4.20 for 8% 4-11 2 preferred Fair "3-20 3 3-19 Public Class Food 2 4- $1 3- preferred 8% 3-21 7 4- $1.75; 'A' — ' 3-14 3- 2 , 4- 4-10 $37'/2c 3-10 2 2 8% 8% ■ .7 2 2 4- ' 6% 3-16 4- 2 4- 50C 6%, ■ ,. 3-28 4- 4- 50c (increased) Inc. .' 5 56%c (quar.)———_ (W. R.J & Co. • 6%■ preferred (quar.)— 9 2 4-16 8% 8-10 2 4-16 1 (quar.)— Grace 7 5-11 3 1 5- • Co. dividend stock 3-15 3-15 5- 4- 5- 3-22 Fisher Brothers Florsheim Stock '3-30 4- 4-20 25c 2 Foundation Co. . 3-31 4- 50c 56>Ac 4- 4-10 4-5 4-30 2 4-10 4-20 50c 5-1 Union 4-15 4-10 4-25 4- -40c 50c Industries, Grand 4- (quar.) Co. Foreign 9-14 Grand 3-26 4- 4-25 $1 Rubber 3-30 4-5' 3-26 5 2 25c $1 Bank National 4-16 9-14 5 4- 4- __i. & First Forbes & Wallace, 1 4- 11- 3-20 4-'2 1 (quar.)__________ $4 preferred Tire Firestone 4%% Gould-National '3-23 1 2 4-25 5- $1.12% (quar.)__ Inc. (quar.) Battery (quar.) 6.; 12- 4- $1 Hosiery Co., 4- 3-30 3-15 3-15 $40c 3- 1 5-1 Gotham (San Fran.) ' (Newark, 4- 2 10- 1 2 $0.185625 35c 56y4C " 50c ; ;;"*.45c7 40c Co. 3-1 10- — Co. 4-2 50c Disher Steel Construction Co., Ltd.— $1.50 convertible class A pref. (quar.) Home insurance 9-15 $1 (quar.) 5 4- 4-20 50c (quar.)— 4- '3-19 2 : preferred 3-19 2 2 •v :__ 2 4- 4- Belyea Ltd., class A 1st 4- $1.25 _ (quar.)— common 3-19 4- Gordon 3-15 Quarterly Florida Ltd., 3-19 $1.50 (quar.) Inc. 3-19 2 2 4- $1.25 (quar.) (quar.)___ Telegraph Co. Brothers, 2 44- 15c (irieg.) (N." Y.)"(quar.)_ pfd. 4-16 11 3-14 5c Inc., class A 4-16 4- ■ Co. preferred prior Stock & 7% Sugars, Class B 3-15 1 3-14 2 " Foods, Inc.Gorham Mfg. Co. (quar.) 9- 4- 2 4- 20c preferred & •6- 1 4- $i.c6 y4 (quar.) common convertible Gordon 3-10 —_ Insurance Insurance Co., 6-27 2 Enamel Corp. (quar.) Fidelity & Deposit Co. of Md. (quar.)___— Fidelity Fund, Inc. (stock dividend) 100% Fidelity-Phenix Fire Insurance (N. Y.)— Quarterly '____:—-7—"". •50c ' Filing Equipment Bureau, common— 25c 4% participating preferred (quar.)——— $1 Participating 25c Finance Co. of Pennsylvania (quar.) $2 Firemen's Falls $4.50 3 5- ,< 15c (quar.)— ■3-15 2 Ferro Fireman's Fund interest " 2 4-17 3-12 50c Boston— 27 2 5-15 : of State 4- 3-21 (quar.)—1 Fund Golden "4-16 3-12 2 (quar.) Golden Manitou Mines, Ltd. 74- 2 4- t25c — 5-12 2: 4- $3 (accum.) (quar.)_ 6-27 4- 2 $$1.25 1 7-16 3-30 4- common. 7-16 4- 3-30 1 15c Co. Globe-Wernicke, 3-19 4- (John J.) & Company, Inc 3-22 9- 6 $1 Match Co., common $1.50 preferred (initial)— Dixie 3-22 4- 2 35c pfd. Goldblatt 6- 1 5- $1.50 $6 3-16 4-14 4- _____—_____ 2'Ac Class B District -■■;4- 2 (quar.) $1.50 Giorgio Fruit Corp., class A_ Diamond 4- 3 * 4- 2 3-30 5- 30C — 4:/2% 1 5- _— common preferred Godchaux 3-19 $1 /'•' — 30c Detroit Edison & Canada Tunnel 4- 3 2-19 10c (irreg.)_ "3-19 2 12 '/2 c (quar.) 4'Ac Deposited Bank Shares, series N. Y. Series N. Y, "A" (irreg.) Co. 4-30 4- 2 4-17 12%c Tire & Rubber, com. (increased)— convertible, preferred (quar.)________ Denver & Rio Grande Western RR 5% Detroit Steel Products Co. 3-16 2 30c }2c Lines, Inc.—_____ Denman Detroit 4- 25c Mines, Ltd Air 3-15 4- 2 (quar.) . Co, preferred y4% Felin 3-24 4- 4 3-14 4- 4'."-' '3-14 — Federation Bank & Trust eo. (N. Y.) 3-15 15c 7y2c (quar.) 4- 2 4__: (quar.) 3-22 — — 3-31 4- 7: 3-16 3-16 $1 Brothers, Glidden 3-20 „ Extra . 4 ; 3-20 Department Stores, Inc.— Common 4-20 4-20 5-19: ___ 2 2 _____ (quar.): Insurance Federated . 4-30 4-30 5-30,; . Davidson Brothers, Inc Federal 9 2 2 $1.50 common (quar.) preferred (quar.) : Gladding, McBeah & Co. (quar.)_„ Glatfelter (P. H.) Company, common— 4j/2% preferred (quar.) .1 3-20 4- 4- $1.37% t. 1 preferred (quar.) Family Finance Corp., common" (quar.). Co. 3- 3-23 1 (quar.) common $4.50 2 5- (quar.). (quar.) of beneficial Gimbel Co. —— Rubber 9 6% preferred(qlmr.) Faultless 3- 3-21 Gold 4y2% 3^19 3-19. 4«r 6 2 2 4- 5-15 25c 25c 5c Parts conv. 4- 62'/2c 68%c (quar.)__ preferred $5 4- 4- (quar.) $1.75 Emerson Radio & Phonograph Corp. (quar.) 25c Empire Southern Gas Co. (quar.)_ "7; 30c Empire Trust Co. (N, Y.) (quar.) 75c Emporium Capwell Co., common 50c 7%; preferred (s-a),———.. — $3.50 Enamel & Heating Products, Ltd 7 $35c Endicott Johnson Corp., common 40c 4% preferred (quar.), " $1 Equitable Office Building Corp. (quar.)_— 15c Erie Railroad Co., $5 pfd. A (quar.)__ $1.25 $5 preferred A (quar.) $1.25 $5 preferred A (quar.)_ $1.25 Erwin Mills, Inc. (quar.) —__—— 25c Estabrooks (T. H.) Co., Ltd.— 4.16% preferred (quar.)$26c European & North American Ry. (s-a) $2.50 Eversharp, Inc., common (increased) 35c 5% preferred (quar.) —25c Ex-Cell-O Corp. 50c Fairmont Foods Co., common (quar.) — 35c 4y2% 4-16 4-10 9 Gibson Art Co. (quar.) Gillette Safety Razor Co., common (quar.) 4-16 '4-2 9 4- : Georgia Power, $5 preferred (quar.)—. $6 preferred (quar.) 3-31 1 1 4- 1 (quar.) Putnam Ctfs. 1 5- — $6 pfd. Special Glens — Extra 6- 5 9- 5 12- 5 6-28 9-28 12-28 $2 4-15 5- preferred George 3-20 5- Corp., 5- $1.50 (quar.)_ 7" Brewing class A Genuine 3-15 2 4- 25c V (quar.)___— preferred 4 % 2 4- $1.25 25c ? — Falstaff Brewing Corp. Corp., (quar.) (quar.)__ (quar.)_ 5 3-15 4- —.——. Curtiss-Wright 5 3- 2 , _______ , 3- 2 4- — - 2 4- .___ 3-13 3-20 4- —.___— 3-16 Time Special Class B — common (quar,). preferred (quar,)— 7% 2 $1.25 (quar.) Castings, 1 ' ! Wares, Ltd., preferred (quar.) Genesee (Seattle, Consolidated Emerson Electric Mfg. 3-20 3-20 — (quar.) preferred 2 2 4- SO % New common (initial)—_—_—25c 7% 1st preferred (s-a) ——— 70c 6%^ 2nd preferred (s-a) 60c Emerson Drug, 8% preferred (quar.) 50c 3-19 3-19 3-20 4- 2 50c Extra 7 Company, 5'/2% 3-20 Corning Glass Works 3Vz% preferred 1945 44- Ely & Walker Dry Goods Co.— Common (stock dividend) — ,v:;; series A preferred $5.25 5% General 25c (quar.) Elliot 4- 2 $1.62'/a Electric Corp. 3-16 3-29 3-31 I (quar.)___ Signal, (quar.) preferred 5- 4-20 6e — (quar.) Railway 5-10 5-15' 933Ac pfd. $1 preferred 4-13 (s-a) common 3-30 7-13 General 4-16 $1.06y* Elizabethtown Consolidated Gas 7-16 preferred conv. 5-10 5-25 20c "___ Steel ■ (quar.) Products Wash.) $4 (irreg.) Co. Public Service Corp., $5.50 4 A % Inc. 6-15 5% "$$1.20 Corporation— preferred (quar.)_ Co., General , 3-21 3-16 5-25 25c (quar.)— Corp., pfd. 2nd General 35c $1.12y2 Electric Co., $4.50 pfd. (quar.) $1.12 V2 Natural Gas Co. (increased)——_ 40c Auto-Lite Co, (quar.)—_—' 75c Boat Co., $2 conv. pfd. (quar.) 50c Controller & Mfg. (irreg.) $1.50 Electrical 3-15 4-16 50c Electric 3-15* 2 2 2 2 (Peter) Cornell-Dubilier Paso Electric (Toronto)— 7i: Co. Insurance 44" 47- 933Ac C:':& 50c $1.12 " $1.13 Semi-annual Crum 9 Paso El 9 3^ Electric II-23 Paint conv. 5-21 — (quar.) preferred Electric Continental Cooper 3- 4- 2 4- 2 $1.12VSi $1.13 —— preferred (quar.)_. preferred (quar.) 4'/a% ,!4%% Sault 4'/2% 8-23 5 preferred $1 1 $5c Ekco, Products 3-15 Co. Can preferred $3.75 Edison 5 4-20 5 6% General ' 6- Edison El Co., preferred (quar.) preferred (quar.)— 9- 12- 7 2 4-25 | (quar.)l Steel 3-31 4- 5-23 6% 3-15 Power Consumers 4.50% . 3-15 5 - 4- $1 (irreg.)——, (quar.) Outdoor Advertising General 3-21 50c (s-a)___— (Boston) 3-21 2 75c preferred General preferred (quar,. Easy Washing Machine, Ltd. (quar.) Stores 2 6- Corp. 2 4- ' ". Trilst Corp. preferred $3.75 3-15 6% preferred 3-16 4- $5 3-16 4- 2 25c 40c $1.50 $5c Brothers 5 2 4-10 preferred 4»/4% 4- 4-16 ' • pfd. 7 * 4- $1 (quar.J__.— (s-a) Investors Motors 2 (quar.) Eastman Kodak Co., common 4-10 General General 4- Extra Participating 3 4- 5c 5c Consolidated 3- 3-21 Inc.— (quar.) value 2 2 4-25 — Inc.— (quar,) 4- 4- 4% Corp., A Instrument 4-10 — (quar.) par par Finance preferred 4-25 (s-a) Racing Association, 4-16 $1 (s-a)_ Ltd Inc. 5% General $25c (quar.)— Mines, Lines Air 2 $1.12y2 87y2c 25c 31 'Ac Inc., common preferred East Eastern 4- 3-22 2 t, 3- 4r 2 15c : • — (increased)——— Co. Holder$ Payable j>f Rec, 4c ' (resumed) preferred Electric General Share , —I—7 (quar.) (quar.)_„ convertible 2nd preferred General . Co. Cable Corp., common 1st 4% 2 >. (quar.)______—__________ 3-15 General 4'k of Company Box 25c preferred Durlron Co., 4-16 Paper Co._ Retail Stores ________—__ 2 4-16 $1.25 $1.25 $1.25 (quar.) 5% $1,12 "/2 $1 %. (quar.)___________—_____ de Nemours & Co.— preferred 5-15 6- 1 Common * ;; $4.50 3-15 4- 2 4- 2 4-2 5-15 35c * — Consolidated ' T;;' ' ~ V. (quar.) — (quar.) Power & (quar.) Extra Consolidated Company 4-16 4- 2 $1.25 — preferred B (quar.) preferred C (quar.) Natural Gas Co, (quar.)__ preference General 3-31 44- 4- 50c 50c 20c 75c $1.75 10c ,'V: (quar.)________— $3.50 4*/2% Consolidated 4% Furniture 5-16 Y.) $5 preferred (quar.)—— Consolidated Gas, Electric Light common (quar.) preferred Power 5% (N. Co. 7% Corp. Co., common 7% preferred (quar.) Dumont Electric Corp. (resumed) o- (increased Consolidated Drug Co,, Drexel Dry Goods— quar.)———50c 7% preferred (s-a)_————-A-——— $3.50 4% 3-26 5- 1 1 25c H Co.,! (quar.)——-— Dearborn (Bait.), Dravo 5- 1 37'/ac (quar.) common Consolidated Common Draper 5 6- 1 preferred Consolidated 5 Duke (quar.)——— $1.50 Consolidated Chemical Industries, Inc.— 7;v/:.7 $1.50 partic. preference class A (quar.)— 37%c 6% 5 4- 2. 4-16 4-16 8IV4C $1.75 Name b I-Jl 2 4- $3 preferred A (quar.)__ 2nd preferred (quar.)_; 4- 4-16 60c $1 common 3- 2 4- $50c $3.25 Dow 4- 4- 2 30c — (s-a)— RR. Co., 4- When Per. Payable of Rec. $45c $$1.75. (final) Ltd., common (quar.) ___— Co., Ltd Rockaway & Share /■ Paper Chemical $4 5 Power Co.— River Connecticut —-— (increased quar.)-; Printers -Connecticut — Dow 3-20 4- 1 1 1 1 5555- Dover 2 4- ' ■ Co., preferred Donnacona 12-10, 12-15 4- 2 4- 2 47%c 50c 51c AX 55c $1.90 preferred- Connecticut Light & Power, 7 % 9 9-10 9-15 +$2 $5 40c — _ Connecticut Fire 6- 6-15 J J2 , — Textile Holder» When Per Dominion Monday, April 2, 1951 . '' Name of Company Payable of Rec. Share v.'„ of Company Holdert When Per Name ;. (quar.)__ com. (quar.)„ (quar.)—_ 4-15 3-31 $1.50 4- 2 3-20 50c 4- 2 3-24 25c 4- 2 3-20 10% .AH. Volume 173 Number 4999 . . The Commercial and Financial Chronicle . (1417) < , Company Steel (quar.) Spencer, Bartlett & Co. (Edward) Hiram Walker (R.) Co. (H.) (monthly) pfd. Si (D. H.) Company, 3-15 4-10 A Home 3-28 Ltd. Horder's, & 4-15 3-30 Kropp 4-25 3-31 Krueger 4- 3-17 Kurz-Kasch, 50c 2 La Co. (quar.) 5-21 4- 2 3-22 4 2 3-20 5- 1 4-17 Hardart Baking Co. (N. J.) (quar.)_ (Frank W.), Ltd., class A (quar.) Gibson, 6ft preferred (quar.)___ $2 $12'Ac Houdaille-Hershey Corp., $2.25 preferred Household Finance (quar.) Corp., preferred (quar.) 3%% prefened (quar.) 4- 3-22 3-22 2 4-17 56'Ac 4- 2 4- Laclede Lake 4- 2 5- 1 $2.50 4-20 6-30 6-19 9-30 9-19 $1.25 12-30 12-19 75c 4-2 3-7 Zinc pfd. conv. New $3 Co. (Canada) (initial common (quar.) 4% 4- 2 3-20 4- 2 3-28 30c $2 preferred Indiana Gas 2 3-19 425c 1 $3 5- Si (quai*.) 3-21 5- 1 4- 2 preferred (quar.) Industrial Brownhoist ' 3-12 45c 4-13 4- $1.0014 , 2 4 4- $1.25 Corp.-(quar.) Ingersoll Machine & Tool Co., 50c par tic. A (quar.) < preferred* "(quar. (John), Ltd.___ Insurance •1 4- -15c 2 3-10 2 • of 4-14 be* reduced lrom 2 3-14 4- 2 3-14 $10c t 4-2 $1 3-10 4-16 - • 3-30* v / ~~ 20c * 20c 4-2 50c ' 4- 2 25c 1 • 4-2 International* Harvester Co., com. (quar.) International Metal Industries, Ltd.— Class A. (quar.)_ 50c (quar.)_ 3-14 3-23 2 4-16 t$1.75 preferred ($5 par)..(quar.) International Ocean Telegraph (quar.)__ Power* Salt • , 5- tB^Ac ' 1 2 ' v _____ * Participating i. Irving Trust Co. Island ; $6 Creek 7ft Public Service Co., 5ft Jewel Tea Co., 3%ft — ; Fund, 1 Semi-annual — Grand ____ 4ft City Southern Fy. preferred $5 Kansas * Power Si > 3-15 Mansfield 2 3-15 $1.20 4-2 3-15 2 4- 2 3-15 2 3-30 4- 4-16 4- 4-14 4- 2 1 1 4-16 44- 6 3-30 25c 4- 2 3-15 4-16 3-15 4- 2 3-15 4- 2 28c 'I 25c — 2 2 50c 2 preferred (auar.1 87Vic 10- A 5ft 1 9-15 4-30 4- 9 4-30 4- 62Vic 4- ' 3-15 2 62 Vic __ 3-26 pfd. (s-a) 4-16 4- 1 3- 5- 1 6-30 6-20 $2.50 > $2.50 (quar.) (quar.)-_^ 6O0 $1.12Vi 12-30 • > 4- 2 12-20 2 4- 3-2 .. $1.50 Merck $3.50 Mesta Kings County Lighting Co., 4ft pfa. Kirkland Lak#. Gold Mining Co., Ltd. 4- 2 Si (quar.) 50c 4-2 3-10 (s-a)_ J2c 5- 3-31 1 " 3-30 $50c 3-15 (quar.)_; common 4- t22'/2c 2 9 9 preferred B (quar.) t$1.75 4-2 3- 9 4- 2 3-15 59%c 4- 2 3-15 50c 7- 1 6-25 62'Ac 4- 2 3-21 2 preference (quar.) Moore Drop Forging Co., common 4% ft convertible preferred (quar.)___ (William R.) Dry Goods, Morgan Engineering Co. * $2.50 prior preferred (quar.) 4-2 3-21 4- 2 3-21 Motorola, 4- 2 3-21 Mount 4- 2 3-21 .4- 2 3-14 5- Morrell & Inc. Company common (quar.)_____ Mount 12'Ac .(quar.) 1 7-25 1 10-25 3-13 4-10 Metal preferred Co.j Ltd. (fTreg.) 3-31 $1.50 4-16 3-31 40c 4- 2 3-1-5 $1.183A 4- 2 3-16 4ft convertible preferred Murray Ohio Mfg. Co. 50c 4- 2 3-20 37'Ao (quar.) 4- 2 3-20 - (quar.) 2 3-17 .6ft preferred (quar.)— 6ft preferred (quar.)——______— $1.50 9-28 9-20 6ft preferred (quar.)________-______. $1.50 12-28 12-20 4c 4-16 3-31 37'Ac 4-16 3-31: 1 4-20 4- 2 .,,3-15 1 4-13 2 3-17 4- 2 3- 7 4-2 3- 7 5-1 ! 4- 9 , Chemical Co. 4-16 6ft • preferred • (quar.) common (quar.) Biscuit Co., Inc. Co., (Md.) National 3-31 ■ 2 3-16 3-15 4- 2 1 4-13 4- 4 established paid . / at this at 50c. The time 3-23 National Department Stores 4-15 3-31 National Distillers Products Corp. *4-14 3-30* National Electric Welding, Machine $1.50 4-14 3-30* 4-10 3-31 4-10 3-31 44- 2 3-26 / Quarterly 2 3-24 National Folding Box 25c 4- 2 3-22 National Fuel 27Vic 4- 2 4- 4 3-21 Fire 5 4- (quar.) 30c (quar.)— Corp.— 2 3-15 60c Y.) 4- 4-15 3-19 4-16 5- 1 5- 1 55c ____ 5-1 4-13 ,r.4»..0 $1.50 Insurance (quar.) 25c Gypsum class A (quar.) Common 3-31 5ft 4- 2 4- 2 3-23 4-16 3-31 4- 3-15 4- 2 2 3-15 3-15 2 3-16 4- 2 3- 2 7- 1 6- 1 $15c 10- 1 9- 1 10c 6ft preferred B Service 4- $50c (quar.) 4'A ft 3-16 4-21 50c 75c $37'AO (quar.) Linen 3-20 10-20 $15o National 3-21 7-21 10-30 4-11* 35c Lead 2 ,8- 1 $15c Ltd., class B National 4. 1 20c . — Investors Corp. 4- 5- (Hartford)— (quar.) National 4-15 1 5c Co Co., 5- Co.— — Co. 4-14 50c —• (quar.)— Co. Gas preference 4- 4-lB ■. — National Hosiery Mills, 60c class A (quar.) 60c ? was (quar.)— National Grocers Co., Ltd., common (quar.)_ National 4-16 4-20 5c 4- 9c 3-31 5-15 40c —*— 50c income 7 4-H . Quarterly National 6 5c .Quarterly Quarterly $12.50 $1.50 3-22 3- 15c : additional Is 5c l'ic > 2 make up for the the first quarter. I Vic : 4- to smaller payment in . Vic 3-12 3- 7* $44c 3-15 65c Chemical & Mfg.. Co City Bank of Cleveland (s-a), Semi-annual National City Bank of N. Y. (increased) y The regular quarterly dividend rate 50c 2 2 National 3-21 5- 3- 4- 2 $1.25 (quar.)— common A 4-16 20c - 4- 4-13 $25c (quar.)_ ''National 3-31 Casket Co.: 6-21 15c —________ National Cash Register Co. 6-28 50c common Breweries, Ltd.,. common preferred 4quar.)t 7 ft $1.50 — /National 3-31 4- , America— Nation-Wide Secuiiaies National / 4-16 ;l'k.J25o $1.50 of System, Inc., 4-16 45c (quar..) 3-31 3-31 "Mutual 4- ■ $1.50 , 3-15 4-20 4-20 3-20 5- $1.75 4 2 4- 21c - 3 5: 30c ,V 5-10: 4- 20c . 5-31 •"4- $2.50 ___ 5-10 62'/ac States Telephone & Telegraph Co, -Quarterly Mfg. Corp. (quar.) Murphy (G. C.) Co.,'4%ft pfd. (quar.)_— Murray Corp. of America 3-30* . 3-30 5-31 $15c —_ (quar.) Mullins 3-31 4-10 4-10 4-16 2c (quar.)_, Mountain < 4-16 4-30 50c Company Royal 5ft ■ 3c Diablo Extra 4-24 3 11- (John) 20c Mountain States Power Co., new cOm. (initial) 1 8- 25c 15c (quar.)_ $1.25 (quar.) 62 Vic 12Vic 4- — 2 Co., Ltd.— 4-20 3-28 1 4-13 $1.50 5- 20c 4- Corp. 3-20 National Manufacture & Stores 3-20 National 3-16 3 preferred (quar.) preferred (quar.) 2 4- 2 3-23 National 4- 2 3-15 National Screw 75c 4- 2 3-15 National 15c 4- 5 3-20 Low-priced bond series $3 8- 1 7- Balanced series (s-a) Trust. 3-17 1 3-30 20c 4-16 3-31 Stock 4- Low-priced 2 3-12 4- 2 3-12 $1.50 4- 2 3-12 $0.1406'A 4- 2 3-26 4-20 3-31 12Vic $1.37 Vi 4- 87c — (quar.)__ 3-14 2 common Shares Standard stock series National Supply Co., 1 4-12 5- 1 4-12 4- 2 3-19 4- 2 3-19 4- 2 3-15 4- 2 3-15 6 4- 4- 60c _ 2 __ 4- 2 3-12 62Vic 4- 2 3-16 4- 2 3-23 lr 5-31 5-18 (quar.)^. $1.12Vi 8-31 8-17 ,(quar.)___ $l.l2'/a 11-30 Michigan Associated Telephone Co.— $5.40 preferred (quar.) —1— 11-ltf 4- 2 3-15 5- 1 4-30 4-14 3-15 50c 4- 2 40c 4- 2 3-16 $1.12'A 4- 2 3-16 4'Aft preferred (quar.) preferred (quar.) Tile & Mfg. Co. (increased Naugatuck Water Co. (s-a) Nehi Corporation shares 1951, for Increased New Ins. England Quarterly Gas Si 4-16 1 4- 1 3-15 4- 3 3-30 4- 2 $2.33 upon 4- 2 exchange of Co., Ltd.— 4^16 3-31 25c 4- 2 3-15 20c 4- 2 3-12 22'Ac 4-16 3-30 2V2C -4-16 $15c (Increased England Electric System New 9 5- 5- 4 $7 — Co. 4 4- $3 (irreg.) payable (quar.)_ England 5- 4-23 17'Ac (quar.) Telephone 5-15 75c debentures) Brunswick 5-15 15c quar.) Cordage, 7ft pfd. (accum.)— preferred (for period Dec. 1, 1950 to April 2, New 3-15 53'Ac 47'Ac Bedford 7ft 2 Co.— Tea quar.) (quar.) Electric Association— — .Extra " New 67Vic 3-15 3.80ft New $1.12Vi 4- 2 35c $37'Ac (quar.) National 3-12 y *. National 3-16 2 3Qa Co. -(quar.) 3-16 2 4- 87Vic (quar.) 2 4- 4-16 4-14 Co (quar.) New 50c Co.-. (quar.) preferred Neptune Gold Mining Co. 4- 4-26 4- common, (quar.) 3-16 35c (quar.) 4'A ft Refining 3-22 37Vic (quar.) 4-16 Inc. Ltd. Car, 2 4- 4-26 . 65c (quar.) 4-25 +10c $1.05 4-16 4-16 30c prefened (quar.) 3-15 15c pfd. (extia)___ com. (irreg.) $1.40 convertible 5- 25c 4-13 4-26 4-26 15c Co. 2 37Vic 4-26 20c 20c Corp Sugar 4- 3-21 gains. National Steel 3c 3-16 2 shown above are special distributions of capital dividends National , 7-31 2 4- fiscal year-end National 2 8-15 4- 6c ——-— 3-19 2 4- ' $1.0614 (quar.) Building Co. 4-30 30c —.— • 3-20 4- 75c 25c " (quar.) —— National Co._ Company, common preferred (quar.)_ a 5-15 15c Co. National Starch Products, preferred 4- 75c Co.— Mfg. series .The " 1 t$l Si preferred preferred & Income series 5c 4Vift Radiator 4-25 37Vic preferred 5ft 42c (quar.)—— Cement 6 4-15 Securities Series— — Co. 4- 25c Corp. (quar.) 4-16 « 4- _— & Type & 25c preferred (quar.)_ Corp. (quar.) & Co., class B (quar.)__ Mfg. Co. (quar.) Machine 5ft 3-J5 62'Ac 62'Ac 4-16 4- 3-15 2 25c 4-16 Paper 2 4- (quar.)— 50c class A (quar.)^ common (quar.) common Co. 3-13 4- $1.25 $1.50 (quar.) Aircraft convertible Lock 2 $1.12'A (increased)— (quar.) pfd. RR. Portland — 17Vic _ (quar.) Stores (quar.) preferred (quar.)_ preferred (quar.) National $1 4 Vi ft 4',ift 4-14 7ft $1.75 convertible Metropolitan 3-23 4-16 Cc 4- $1.25 (quar.)— (N. 5 5c 50c 5 3-12 4-30 50c . (quar.)i^ 3- 2 4-15 3114c Corp. Valley Michaels Stern 3-2 2 4- 5-15 . (Arthur G.) A 5 4- $20c Ltd._»_—_— 9 37Vic common Melchers Distillers, Ltd., 6ft Merchants Acceptance Corp., 4-10 9 Works, 3- $1 Extra Medusa 2 3- 3- . McQuay-Norris Mfg. Co., common 414 ft preferred (quar.)__ Mead, Johnson Si Co. (quar.) 3-31 35c 6ft preferred Class (s-a)— Kimberly Corp. ,jKing-Seeley Corp. 3-15 6 75c Kimberly-Clark Corp.common preferred 2 4- $1.30 (quar.) (quar.).— preferred 4- 35c 5-23 1 4-14 3- 25c Extra 9 4- 6- 2 McCrory Stores Corp.— 6-15 $1.25 (quar.) Keystone Pipe & Supply Co., 5ft 4Vift 2 20c B -Kentucky Telephone Corp.— 5.20ft preferred (quar.) Keyes Fibre Co., 5.60ft 1st pfd. Class 4- 4-16 50c _ (quar.) Corp., Ltd., 37Vic Corp. Company, McLellan 7- 87Vic 5c — (quar.) 2 37 Vic preferred (quar.) preferred (quar.) McCaskey Register, 4Vift pfd. (quar.) McColl-Frontenac Oil Co., Ltd.— 3-15 87Vic quar.)— 3-12 4- 6-23 6ft McKinney (initial 2 4- 2 (Del.)— 5 Vi ft 3-15 (quar.) 4- 34%c ^Oc Co., McDonnell preferred 3-12 125c 25c (quar.)— Sons & Factor McKee preferred 2 t$1.75 $1.06'A preferred Machine Max 3-22 2 4- (quar.) Inc.— Investors 3-15 4- 5ft Massachusetts $3.50 3-16 $25c redeemable " Mills Martin-Parry 3-22 3-20 2 preferred A (Ky.)— Corp., common preferred (quar.) 4ft 3-16 4- 4ft 7- ir (M.) 4-2 2 (quar.) common 2 4-2 12'Ac ^ Marshall-Wells, 3-16 3-18 $25c 3-16 4- $1.22 '/a 2 7ft 30c semi-annual preferred McBee 4- 3-30 Mutual Co., Co. Coip., 4- 25c ' 44- $1.75 (quar.)„ 3-16 ' 4-2 >$1.12'/a _ - 3-30 $1.50 (quar.) Kellogg Switchboard & Supply Co.— Common (increased)—' —i 5ft preferred (quar.) Kelsey-Hayes Wheel, class A (quar.)_ 1 3-31 6 3-19 11-15 3-26 50c prefened Calculating $3 5-15 12-15 9 4-20 (quar.)_ (quar.) Exploration Marlin-Rockwell 5-15 3-15 4-10 $1.07 Trust 7ft 5-15 6- $1.50 (quar.)__, Kendall Refining Co. 4- A A common Telegraph Rubber & Common 3-15 6- 3Vift Class 2 3-20 4- 2 3Vi ft 3 Vi ft Tire convertible Masawippi (quar.)-— Montreal '7c Marine Midland Corp. (quar.) Maritime Telegraph & Telephone 3-30 $1.0614 common 4-14 3-23 Inc Bond Fund, Increased 2 4-14 $1.75 1 — from investment Oil 4- 6-15 45c (quar.) 5- — (quar.)_ Mai-athon 3-20 4-20 preferred Locomotive Co.— Maracaibo " 4-17 $1 common 5'/aft 3-26 3-20 $$1.12'/2 Montgomery Ward & Co., Class (quar.)___ r Manufacturers 3-15 5-1 . $1.25 Kearney (James R.) Corp. Kellogg Co., common Payable 4-2 95c (quar.) preferred Manhattan 4-10 Martel (quar.>_ 7ft 3-9 1 1 Light Co., Kaynee Company, Brothers, 2 4-30 4- (quar.) Montreal 1 Macy (R. H.) & Co. (quar.) Mahoning Coal RR. Co. (quar.) 4- $2.95 _____ (quar.) preferred (Ind.) preferred (quar.)—r preferred 4- preferred 183Ac Maine Central RR. Co., 6ft prior pref. ,r Maine Public Service Co., common 6 5ft preferred 6ft 5lift $1 4Vift ! Marsh (quar.) *4VAft 3-31 2 Consolidated—.-— Mandel G2Vic dividend preferred 3-31 4-14 $1.25 MacFadden Stores, class A Class B (quar.) RR.— City Structural Steel Co., common—6ft preferred (quar.)— Kansas-Nebraska Natural Gas, com. (quar.) Stock 4-14 4V2 ft 3-24 (quar.)______ Forbc-s 3- 9 $20c Kansas * 3-12 3-15 2 5 $50c Moore (quar.)____ M. Si 3- $1.50 Kansas City Power & Light Co. 3.80 ft preferred (quar.) 4ft preferred (quar.) Kansas '& 2 12Vic (quar.)— — & M. 2 20c Rapids 3-13 J. 4- xl3Aft : preferred 3-15 & Electric— Gas preferred 4- $25c pfd. (quar.)_— Publishing Co. of Ottawa—* Si 3 2 5- (quar.) Marchant (E.) Allegan 4-2 933Ac Kahn's Kalamazoo, M. 4-19 3-15 v City 4'Aft $1.50 (quar.)__; Inc 4- 4- Sons, Inc. *4'Aft preferred MacAndrews - 4-19 1 9 xl'Aft Journal 5ft 5- 62lAc Joplin Water Works Co.. 6ft Sons, 5-1 4- & 75o ____ Mutual 3-31 xl'Aft preferred 5 2 44- $$1,25 Corp., com. (increased)4.90 ft preferred (quar.)_ Modern Containers, Ltd., class A (quar.)_ Molybdenum Corp. of America (quar.) Monarch Knitting Co., Ltd., com. (quar.)— 4 4- ; ($25 par) (M.) 20c Johnson, Stephens St Shinkle Shoe Co.— Quarterly —i__— Johnston 3-31 4-20 * +$1.75 preferred C (quar.)_ preferred D (quar.), 5ft 8- II- 4- 25c 75c Gas Service 3-24 (irreg.) Lytton's, Henry C. Lytton & Co. 3-15 60c (quar.) (quar.)— V 3-15 4-10 37'Ac (quar.)— preferred 3 8-15 11-15 30c (quar.) Luzerne -'- 4-16 22Vic (quar.) com. . /■'./*■ 4 _ Ltd., Mobile 5 2 ±50c 2 _______ Lighting 5ft -preferred 3-15 ..-..*.4-10 ■' (N. preferred 7ft " Y,) <quar.)_ Co., common ,1 (quar.)_______™____ Company, 5ft pfd. (quar.)_ preferred (F. L.) 25c 25c Vlf5ft preferred >($100 par) 3-15 15'Ac Coal Jacobs Jamaica 4-30 5- 3-20 $1.15 (quar.) Co Semi-annual 22Vic 3-43 4-16 25c com. 1 5-15 $1.12Vi 3-22 " 19c — Iowa Electric Light & Power, * 4.80 ft preferred (quar. 5- 3-19 9 3- 3-16 4- t2c Lowney (Walter M.) Co., Ltd. (quar.)______ Ludlow Typograph, $6 preferred (quar.)____ $75c __ Investors* Trust Co. of Rhode- Island— "$2.50 preferred (quar.)_ • 2 9 3-26 37Vic (quar.) (quar.)__^— Lowenstein 3-15 2 t$l 2 a Common 3-15* 420c — (irreg.)__* (irreg.)_____ Mutual, Inc. 4- Moore Louisville Gas & Electric Co. . 3-30* . Service Co., Ltd Co., Ltd. (s-a) $1,599 (irreg.)_ (quar.) (quar.) Island 3-30 4- $1.25 & 96'Ac (quar.) quarterly tasls.____; & Taylor (quar.)___— Lorlllard,'(P.) Co., common (interim)__— 7ft preferred (quar.) Louisiana Power & Light Co., $6 pfd. (quar.) 3-28 $40c <s-a) 6ft conv: preferred (quar.) Investors Management-Fund,.Inc. ^Investors pfd. (quar.) Now on 3-15 4- 4-16 (irreg.)____________ $14-2 International Telephone Si Telegraph Corp.__ 15c 4-18 Interstate Department Stores (quar.) 62'Ac. 4-14 Interstate Telephone- Co.,$6 pfd. (quar.)$1.50 4- 2 Investment-Co. of*.America-(quar.) _________ -10c ' 4-2 "Extra 2 S.) (J. (Robert) 4- Lord 4- 2 ;$60c i 4- $1.50 Co.,-Ltd common Mitchell Mitchell 4- — preferred Long : 3-15 5-1 Co., ^Investment Foundation^; Ltd.,1 4 Electric 56'Ac — Co. Lone Star Brewing Co. $65c 7ft International Missouri Monroe Loan Society, —; Lockwood-Dutchess, Inc. 442' 3-10 4%ft*.preferred •(quar.)_w4--*-Jl'_i^_^-___ $$1,124- 2 " .'3-16 International/Nickel Co. of Canada, Ltd.— International 3.85ft preferred 3-20 4- + 4-25 50c (quar.)_ 4 15c Mississippi Power Co., 4.60ft pfd. Mississippi Shipping Co. (quar.) 5ft (quar.)—______ 3-14 4-14— -. 75c 3-19 4- 3-15 Little Long Lac Gold Mines, Ltd t6c Locke Steel Chain (quar.)40c 3-10 , $30c-- $37'Ac j* 3-23 2 25c 3-15 J25C (quar.)^—___— _Z—: Oil. Co. 4- ^ 3-16 10c Telephone & Telegraph Co. 5ft Lion 3-19 56'Ac — 3-23 4- 2 common 2 3-23 4- 5 4-14 held Co., (quar.) Gas & 4-14 4- Development Co. for 2 4- 4-20 2 30c Petroleum Lincoln . 4-2 pfd. dividend)— 4-16 4-10 2. 5- 15c Light, 5ft shares Glass preferred 4-14 4- 25c 4- 25c (quar.)_ preferred convertible Common $5. . 4ft 2 4-16 10c 4- 45c preferred Mines, Ltd Corp., common Quarterly Quarterly Quarterly & (stock two Mississippi 6-15 25c common 1st preferred 75c (quar.) share of Mission each 3-15 . ' . 7ft. preferred * ($100 par) 3 45c preferred Lincoln . Inter-Mountain. Telephone Co., com. (quar.) 6% non-cumulative preferred (quar.) Enter-Ocean Securities Corp., 4ft pfd. (s-a) Interlake Steamship Co.:.__.—____ Int'l Bronze-Powders,* Ltd., com. (increased) 6ft ..participating preferred (quar.) International-Cellucotton Products (quar.) v' * Lincoln National Life Insurance Co. 4- ..4$1 , America $10 to 2 7- $3 Liggett & Myers/Tobacco Co., 7ft pfd. (quar.) ■ •, $12'Ac .__ — North (s-a) Corp. Gold 90c 4 3-10 5- It * Ltd.— (quar.)___ Stockholders at-a special meeting approved a two-for-one-split. The par value will * f Co. 4- 62Vic — ' Inglis 9-28 12-28 50c — 4-2 (quar.) >4% One 10-10 1-10-52 4- 50c (quar.)__ Power Corp. 25c (quar.) Liberty Life Insurance Co. (Greenville, S. C.) Quarterly ^.Quarterly Liberty Loan Corp., c)ass A (quar.) Class B (quar.) ; $1.03'/» preferred series B (quar.)_; preferred series A'(quar.) Mission Minnesota 3- 9 4-16 $1 35c ; & Sons Co., non-cum. 4'Aft 3-20 ..'4 com. 6-28 4-10 25c Extra Lerner Stores .•«•/ 75c — 4'Aft 5 ft $3 Lehman 4-14 4,*..., Michigan Electric Co.— Indianapolis Power St Light, Indianapolis Water— (James) 3-28 Co. convertible 1 2 (quai\) 10c (quar.) Company, Leitch 50c Chemical Corp.— preferred "4Wft Lees 3-20 4-30 25c " Indiana Roi 4Vi ft Corp.— (quar.) & 4- Le 4-14 J15c — (quar.) preferred 1 4-10 54- convertible preferred (quar.) Minnesota & Ontario Paper Co. 7-10 3-23 1 5- 30c (I.) & Sons (quar.) Miller-Wohl Co., common Lehigh Valley Coal Corp.— preference (quar.)___ Telephone $1.80 5- t25c preferred Common 2* $$3.75 Incorporated Investors Associated 5- A 3-22 $1.22'/a (quar.) class 2 4-13 $1.10 Miller 4-10 f25c Quarterly 1 Lane Bryant, Inc. (stock dividend) Lang (John A.) & Sons, Ltd Langendorf United Bakeries Inc.— 8-8 5-19 $37'Ac quar.) Imperial Paper & Color Corp, (s-a)_l__. Imperial Tobacco Co. of Canada, Ltd.— Indiana 9-1 40c Co Convertible 9 10c —, uncrcased) Sessions 6-15 10c i (quar.) Company Co., common 4- 20c Midwest Piping & Supply Co., Inc.____ Miller Manufacturing Co. 3-22 2 10c (quar.) Lamston (M. H.), Inc., $6 pfd. Landis Machine Co. (quar.) Quarterly 3-15 30c 4- 4- — 3-30 $1.50 6-28 Bakeries preferred 10c Shore & Midland Holder• Payable of Rea* 27 Vic preferred (quar.)_—__——_ preferred (quar.) ; South Utilities, Inc., Middle 4-16 31V4C — Co. 4.40 ft 4.90 ft 3-15 1 4-16 (quar.) — Gas 2 5- 12Vic (quar.) University 4-10 $1.25 non-cum. Extension 15c $1.25 6ft convertible preierred Salle 4- Share (quar.)_ 4Vi ft Lamson preferred (quar.)____ preferred (quar.) Imperial Life Assurance 12-20 Company Michigan Bakeries, 5 Vi ft conv. pfd. Michigan Bumper Corp. (quar.) Michigan Gas & Electric Co. Co.— Lambert 4-14 preferred (quar.) Illinois Mfg. 3-31* (quar.) series A (s-a)__ 12-27 uc 3-31* common 9-20 (John), Ltd. (quar.) Quarterly Laclede-Christy Co. (quar.)„_ 6 5% Illinois Central RR., 6-20 9-26 —.— 3-31* __ 6-26 Labatt 3-12 5ft 5% $1.12Vi 5c Co 4-14 Mfg. Co. (resumed) Huron & Erie Mortgage Corp. (increased) Hussmann Refrigerator Co. (quar.) Huttig Sash & Door Co. 5-10 $1.50 4-14 <fc 1 $1.75 $1 60c __ 6- $1.12 V/a 933Ac (quar.) common 75c (quar.) Mines, Ltd. (irreg.)__ Lake Superior & Ishpeming RR. Co. 4ft Lock 5ft 3-1 4- 25c common 2 4-2 $1.50 3-12 (quar.) Quarterly 25c . 3-12 2 (quar.) Quarterly Quarterly La ______ 2 4- (quar.) Brewing Inc. PlantC-Choate 1 50c 4- — (G.) 6- (Ft. Horn Si Hurd Forge 62'Ac Telegraph 3-20 $1 When Per Name cf 4ft preferred 25c & 2 50c (quar.)—: preferred 25c Horner Hotel 2nd 3-30 Bearing Co Inc. 1st 7ft 4-15 (quar.) 4* $1.12 Vi preferred , Holders Payable of Rec. 10c ; (quar.). 4Vi ft preferred Kroger Company— 6% preferred A (qvar.)__ Ball preferred 12Vac (quar.) Telephone 5% Hoover Mfg., 4Vift 4 Vi ft (Henry) & Company Class ' Kroehler Worts) ._ (quar.) common Inc., common (quar.)____ preferred (quar.) (S. H.) Company (quar.) lc (new—initial) Holly Development Co. (quar.)__ Holt 4-17 2 4- Ltd. (initial) common Kress Share Koppers Co., 4-25 4-27 50c & Class A Holmes 20c I2V2C (quar.). Worts, Gooderham Si Co., new 4-16 5-15 53Vic (quar.) Gooderham Walker (see Hoe Lumber Company, 1 5- 4ft A Hibbard, Higbic Manufacturing Co., 57* Hines 35c When Per Name of Company Kirsch preferred, class A (quar.) Hershey Chocolate Corp. preferred Holders Payable of Bee. Corp.— 7ft 414 ft When Share Products ^ Per Name of Hercules England Laundries, $6 pfd. New Hampshire Fire Insurance Co. tquar.) (quar.)_ 3-30 $1.50 4- 2 3-16 50c 4- 2 3- 5 , 50 (1418) The Commercial and Financial Chronicle When Per Name of #• New Jersey New Water, $4.25 preferred (quar.) Orleans Public 4%% preierred N. Share Company Service, Y., Chicago & St. 6% N. preferred Y. Cuba & 5.60% Trust 3%% 2 3-12 2 3-12 (quar.). preferred 35c (quar.) 3- 9 4- 2 preferred Nicholson Pile (quar.) (increased) Co. Norfolk Southern Ry. North $2 American 2 3-16 2 3-16 5- 1 4-16 Co. 93 %c 50C 4- 2 3-20 75C Co. Refractories 6- 2 3-23 4- Pacific 2 1 Quebec R. 7 Radio 4- 2 4-20 4-13 4- 3 Reda 17'/2c 4-20 (quar.) 90c 4-14 3-30 preferred (quar.) $1.20 4-14 3-30 $4.10 preferred (quar.) $1.02'/2 (irreg.) Reece Corporation (Mass.), 3-30 preferred $4.80 (quar.) Pharmacal Norwich & Worcester Scotia Nova Oberman Ogilvie 8% RR., & pfd. 5% pfd. Remington-Rand, $4.50 preferred 4-10 Renold-Covcntry, Ltd., class A 4- 3-15 $25c 25c 12'/2C (quar.) Mills, Ltd., common (quar.)— Fund (Savannah, Ga.) 4- 3-10 Republic 4- 3-22 4- 3-19 Republic Pictures Corp., $1 conv. pfd. (quar.) Republic Steel Corp., common (quar.)* 4- 2-22 125c 15c 50c 97'/2c $1.10 56Vic Ohio Edison Co., common (quar.)^ preferred (quar.) — 3.90% 3-30 5- i— Class A inc., preferred (quar.) 3-31 3- 2 Revere 4- 3-15 Copper Brass & Ohrbach's, Inc., $2.25 preferied A Company (quar.) Oklahoma (quar.)** Old . Gas Colony Old Town Oliver & Electric, $4 pfd. Insurance Ribbon Co. (quar.) Carbon & Co. (quar.) • *. ; Steel Products, Ltd., preferred (quar.) 7% Products, Brewing Pacific American $1.50 ' Coast 4'/2% 5% Lighting, $4.50 4- 2 3-12 3-15 4-16 5-15 4-16 $1 4-14 4-2 Riverside 2 3-16 $1,25 (quar.) 4- : Ritter 5% Inc. 2 3-15 Rochester $1.12% (quar.)** 4- 4-16 2 4% $1.25 Co. 5- 1 4-16 4.10% $1.25 - — 5- 1 4-16 31'Ac (quar.) 5- 1 4-16 3-13* 4- 2 3-15 Co preferred 50c 4- 3-20 5% 5% 4-16 3-20 Rome Pacific Telephone & Telegraph Co.— 6% preferred Pacific Pantex Park 4% (quar.) Western Packard-Bell Oil Co. Page-Hersey Corp.,,4% pfd. 2 3-15 4- 2 3-23 Rothmoor 5C 4- 2 3-20 Class 2*/2C 4- 2 3-20 — Patino Mines & Enterprises Consolidated, , 5-15 4-16 4- 37'/2c Co., common-**—. preferred (quar.) conv. 1 4-25 i55c pfd.- (accum.)* $3 Corporation, 2nd preferred Railroad 2 $5 1st 1st $4.50 1st Russell 3- 9 2 3- 9 2 3- 9 4- Phoenix 4- 50c 2 4-23 4- 3- 9 3-26 2 3-15 4- 2 3-15 $3.50 4- 2 3-26 - 50c 4- $1.50 Pilot 2 3- 5 (quar.) 4*4% 7% (quar,)**. 4'/2% 7% arrears share * (accumj— Pollock's, Pond Porter (H. 5% Power 7- 1 10- 1 9-14 San 12-14 San 4- 2 6-15 3-21 Pratt 1st 7% & Schuster 4'/4% 4-30 4- 2 4%% Procter & Gamble Prosperity Co., Sugar (Ed.) 2 3-15 $3.40 5- 1 3-31 $4 5% '.(qvar.)___. 75c 4-14 3-30 Standard Fuel Co., 4-14 3-30 4y2% 4-16 3-29 Standard 4-16 3-29 3-20 4 2 3-20 3-30 Sccvill Mfg. issue 4- 2 3- 9 4- 3 3- 9 35c 4- 3- 9 2 :(quar.)____ (quar.) 15c 4- 2 Co., 1 2 4- 2 15c 4- 2 3-15 COc I Co. 4-20 3-31 I ' 6c 3-20 3-15 4-20 20c 3-31 4- $17'/2c 3-23 4- 2 2 3-15 $1 (quar.) 4- 2 3- 9 $3c 4- 2 3- 2 4.30% 3-20 3-20 5% Air 45c $$1. $75 5 Seaboard Stock & 4-25 4- 4-25 , 3 4- 3 5-1 5- 3-31 4-25 1 < 3-31 3 4-25 4- 3 4-2 3-21 6-15 6- I 9-15 9- 1 12-15 12- Roebuck Securities 5% 3-26 3-26 5% 4-15 3-31 common Shaler 3-20 Shawinigan Co.. 3-20 4% 4- 6-15 (quar.)—_I 3-23* $1,25 4- 6 I 3 ' 3-20 * - 1 a-1 Ta 4-18 7-18 1 •5-1 4-17* 5-1 4-17* 4- 2 3- 9 6- 1 5-14 6- 1 5-14 4- 2 3-19 4- 2 3-19 6-26 6-15 9-27 9-17 $1.25 12-27 12-14 45c 4-10 3-22 65c 4-10 3-22 4-10 3-22 4-10 3-22 6-15 6- 1 Inc.— St. (Wash., D. C.) (quar.) (payable from inc.) (quar.;_~ ______ (increased quar.) Co (quar.) B pfd. (Boston) Extra (quar.)* (quar.) (quar.)——: : Sheep Creek Gold Mines, Ltd. preferred convertible (quar.) : 4-10 4 16 3-1 4-15 3-31 < , (quar.) $1.06'A 5- 3-3t 1 , 40c ; . Quarterly 7-1 40c 6- t Ltd. 50c $1 __— Extra 4% preferred;(s-a) Tamblyn, Ltd., common Inc., Extra — . Inc. 2nd pfd. 3-20 2 3-20 3 5-11 7-3 '5-11 5-15 4-12 $25c 4- $5e 3- 9. 3-9 3-9 4- 2 3-15 40c * 4- 4-16 3-30 4- 2 3-15 $1.50 " 2* 3-15 2 2 $1.25 3-20 4-* 2 3-20 $1.25 4-10 4- 12c 4-27 3-31 10c 4- 3-20 2 5 50c 130c 4- 2 3-21 5-25 4-16 $50c 4- 2 1- 2 $56y4C 4- 2 1- 2 15c 4- 2 3-21 4- 2 3-21 $2c 4-16 3-31 $lc 4-16 3-31 35c 4- £ 3-9 4.10% preferred (quar.).,** $1.021/2 4- 2 3-9 4.25% 4- preferred (quar.) $1.06!A 4-2 4.60% preferred (quar.) $1.15 4- 2 3-9 4.64% preferred (quar.),***— $1.16 4- 2 3-3 4.65% preferred (quar.) $1.16% 4- 2 20c Terre Texas Haute $4 Texas Mfg. Corp. Service, $4 pfd. preferred (quar.) Power & preferred Utilities Textiles, 4% & Inc., preferred (quar.) (quar.)** — Light Co., $4.56 pfd. (quar.) (quar.)*,**—.__*,— Co. 3- 3 4-14 4- 5 5- 1 4-15 $1.14 4- 2 3-15 5- 1 5- 1 32c common * * 4-2 4-10 4-10 3- 5 50c (quar.)—____ (quar.) 3-3 $1 *_i Electric $4.56 Texas Malleable (quar.) 4-12 50c (quae.), 4- 50c ; Tennessee Gas Transmission Co.. com. 2 4-2* 4-2 $1 • t;— —* 2 7- 10- $50c _**_ (quar.)*, preference 44- $4c common*,* (s-a) 11-30 i"c Sylvanite Gold Mines, 8-31 1-2-5? 20c Sylvania Electric Products, Inc., $4 preferred (quar.)— 1 40c * Technicolor, 5c Power 3-17 Company— Quarterly 3- 15c — 3-17. 3-.17. 4- 2 5- 1 ; 4- Louis— , (quar.)*. redeemable series A preferred Extra Paper Co. Telluride Power, 6% of 4-12. 2 4- $1.13 $1.12'/2 . 50c 1 3-31 4-17 $$1.25 Ltd.— Supcrtest Petroleum Corp., 5% preference (quar.) 4% 4-18 30c preferred A (quar.) Sun Oil Co., 4%% class A pfd. (quar.) Sunray Oil Corp., common (increased) Talon, 1 2 4-30 ,4- 15c $4.50 Sutherland 2 54r common Gas Light (quar.), ; Taylor Instrument Cos. (increased) Taylor, Wharton Iron & Steel (quar.) 6-10 Shawmut Association Corp., 2-28 $10c Mines, Ltd Taunton 6-10 series Chemical Gold 3-16 4-10 4- 2 12y2c Corp 3-22 1 redeemable Consolidated 6-15 7 25c 4-19 Corp. Corp. Spring 3-15 4- 7- 2 $1:25 common (quar.)— Stubnitz-Greene 4- 2 3-24 3-28. Clothier, 4-25 1 & Gas & preferred 3-21 30c 25c $1.50 & Fuller Baer 3-31 4- 2 56c 56c (quar.)— & 3-31 4-10 15c Corp. 4-30 5 3-16 4-10 (quar.) preferred 30c (quar.)— 4- 2 (quar.)** com. preferred 4Va% 6 4- 6 3-24 35c Inc., 4%% Sun 4» 5c Textiles Stern 4]/2% $5 4-10 3-31 ; 1 5- 1 4-14 Extra Strawbridge 3 7- Water & (quar.)— 4- 3-20 5- $20c 25c 87'/2c (quar.) 3-16 7- B . 2 15c class — Inc,_—. Drug, Inc., 2V?% pfd. Electric Motors Inc.— & 3 10c iquar.) Brewers, Increased 5- 1 4-16 65c $20c SteiJing Sterling 8- 4-18 (irreg.) 4- 31'Ac Co. Preference 8-15 5-1 $10c (quar.)____ Corp. (quar.) 50c $1.25 * Co. class B Investment Steel Co. of Canada Ltd. 3-17 (quar.) Security Storage Brock, Ltd.. Street 5-15 50c (quar.)*** 2 50c (quar.) preferied 4- ' preferred convertible 4-10 12 VzC — Co., com .(incrd. quar.) Stop & Shop. Inc. (quar.) Strathmore Paper, 6% preferred (quar.) 3 4-14 3-21 3-21 5- 4 common,*. Stix, 4- 5- 1 4-10 Co.— 6- 25% Investment Corp., Steel Spring 6-25 — preferred Silica Common Stewart-Warner 33%c Airlines, Common $1.75 $10c tlOc 12V2c A 3-10 33%c (quar.) Acceptance class 4-10 4-16 3-21 (accum.)* Ltd., 3-16 25c $1.06V4 4-13 (quar.) 4- 1 3-3CT 3-30 3-30 1 4-17 3c 3-30 4-10 93%c 4-16 2 4-10 12y2c , < A (quar.) Light Corp.— & Radio, B 4-161 * , 50c $1.25 (quar.)_ (quar.) Co. (Ohio) preferred Stern ; 4-25 ; Quarterly (quar.i—: & Power Standard 1 $1.12V2 (Del.) Western Corp. Co. preferred Stanley 4-lt£ 4-25 —- Oil Standard State 4- 3-20 " 5- 1 Class A 4% 4-23 $1.50 $1.75 Corp.—. Class B Standard Swift (quar.) A Holding " 15c dividend Seagrave Sears, Co. Standard $7 4- 2 Electric— & (accum.)**— $7 prior preferred (accum.) Class ; ,v 12'/2c Gas Standard $1.07V2 (quar.) 3-15 (s-a) (quar.) 3-15 Co.— preferred preferred 2 3-15 RR. preferred B Seaboard Oil 4- $1 (irreg.) preferred 4- 2 91 Vic preferred A (quar.) Seaboard Finance, common (quar.)—** $2.60 preferred (quar.)*-——— 4V2% pfd. 4-16 4- $1 non-cum. Shamrock Oil Ltd. 3-14 50c preferred A non-cum. New Ltd. Co., 8% preferred Line non-cum. 3-15 Mines. 2 85c ;*_* Selected American Shares (quar.)— 4- 4-16 4-16; 3-21, 3-231 5- 1 4-18 4- 2 $56'Ac (quar.) $6 prior, preferred 3%% $$1.50 '27y2C _*—*_, (quar.) $4.50 series A Seaboard 2 — preferred 6 2 2 Scruggs-Vandervoort-Barney. Inc.— 4- 10c _'** Vl,' (quar.)—*—— preferred (auar.) Securities ^ 4- 4- , Ltd.—. redeemable preferred Sullivan common— $1.35 64- $1 50c — 4-16 Co. (quar.)^; $1.35 (quar.) (Pa.) 3-16 per $140 pfd, (quar.) 4-10 4- $1.18% ,_v— (quar.)* 5% called $120 ; 3-12 4- , (quar.)___ 75c preferred Common $25.62'/2 at 2 4-25 J.) 75c ___ :7 5- 1 25c (N. $7c (quar.) com. . preferred — Insurance Co.— (quar.i*****— Paper Co.— preferred $1 $3c 50c — Ltd Mines, Fire ,quar.) 4- preferred ^ 1 3-9 4-2 $1 Standard preferred /* 20c '. Standard-Coosa-Thatcher 5V2% 17'/2c 1 c. (quar.)—* series A (quar.).: 3-20 'quar.)—27y2C Scott 50c \ * Sons & preferred 3-15 preferred A 2 $4 $4 ! 2 5 V2 % 3-12 R.) Stahl-Meyer Inc.,: $2 to $5 prior preferred— . J" (Mass.)— 4- Schwitzer 4- (E. Ins. 7; 4- 6 4-16 2 Squibb Marine & Stadacona 4-16 4- Springfield Fire Quarterly 5 1 4-16 9- 3-15 $6 6- 12- 3- t$1.75 1 6-10 9-10 6 1 Cummins 3-15. 3-15 12-10 2 c — (quar.) 3-15" 4- 2 4- 2 8c Standard (quar. preferred 4- 2 7c Sterling Corp.i. . 7c 4- 75c common' Company, ,— Co 4- $60c Insurance. Refining & * RR. 5 : Mines, Ltd.**— preferred (quar.) International 3- 5- 53'/a c 53*/sc (quar.)— Inc. Dome 3-15 5- (quar.) Lambert, 3-15 2 $1.25 Works, preferred 3-28 $1.25 Marine Gold Water Jose Savannah Pratt Read & Company Preston East 2 4- Inc.— ;r__ Antonio 2 Co.— Inc. partic. 4- 30c (quar.) & $1.25 $1.16'A $2.50 3-20 , Common 3-15 10% Co Quarterly 4- __ Electric preferred non-cum. Fire Toy Mining Co. Sangaino Electric Co. 2 1 partic. pfd. Co., ; San 4- dividend.—— Corp. of Canada, 6% 6% K.) 2 $1.50 (quar.) preferred Paul 1-2-52 i June Pocahontas preferred 5% St. 4- 2 Co.— 8%c (quar.) preferred * 31 %C (quar.) Common 3-15 -.»/ (quar.i 9-14 53'/8c B—This on 3-15 'v 4- $1.12y2 ; • .. 17*/2c v — 5-15 8-ia' 6-15 9-14 $1.25 $1.50 ; Stockyards 4-14; 3-20 v Common 50c ; 12-14 4-16 ; ■: $1.25 preferred preferred 5% 3-15 (increased)7_ Co. •/ $1.25 (quar.)* Ltd.— <*o„ 1 (quar.) 2. General -20c $1.12*/2 f25c 10- , Portland 2 ,5- 1 4-16 ' 18%c (quar.) National 3-30 & non-cum. 2nd 2 * 4% $2.46 Miiis Paper preferred 4-16 Porcupine Reef Gold Mines, Ltd. (interim) Port Huron Sulphite & Paper Co.— Common (quar.) - 2 4- 3-15; 3-22. Spokane Portland Cement '4- 4-10 4- 2 $1.25 30c Ltd.— 1-2-52 $1.75 Scale, Ltd., Inc. (quar.) Creek 1st 4- __ Pneumatic Lawrence $6 4-10 Union Nut 5-15 Louis, San Francisco Ry.— 11'Ac Water (quar.)**, Chocolate (quar.) Plough, Inc. (quar.) ****** Plymouth Cordage Co., common Employees stock Planters 7% 5% plus this Plainfield 1 3-20; $1.20 45c . -V. 25c (quar.)— preferred (quar.)— 3.65% class 6- 3-31. Co.— (quar.)* preferred 4-20 4-16 4-14 $1.75 $1.75 (quar.),— Electric & . , preferred Gas 5-15 .. preferred, (quar.), convertible » $$1.50 17y2c • 4.65% : Lighting Co., & 3-31; 3-31. $40c Co. Spokane (quar.) 6-15 $1.75 redemption (quar,)* 4- 5; 4-14 4-14 common- Ltd., Electric & 3 .:.—* Heating Railway non-cum. 5% 4- 5 4-30 37x/2c 37y2c preferred (quar.)* —*—„ New England Telephone Co. (quar.);: Southwestern 4-30 (quar.)___—______ 5-15 (quar.)„ 1 $1 _ (quar.) * preferred for Company 7- preferred class A—This payment clears all 5 4- 28c 28y2c — Co., $7 preferred Indiana Gas 1 $1.75 Louis Pittsburgh Steel— 5% 4- 4-25 3-20 4-2 4- 2 4-30 . , (quar.)** Co. (quar.) 6- Common $2.50 —— (s-a) pfd. preferred Glass 4-16 r, 50c 50c \ Power $1 (quar.) St. 75c (quar.) Plate 4-16 5% 3-16 3-16 4- 2: 3-14. 2rl4 ,4-5 7.5% non-cum. preferred (quar.) Southern States Iron Roofing Co.—,. ,r 62yzc (quar.)_ (quar.) preferred Pittsburgh 3-16 3-18 $1 Milles B 2 2 - —*——„„" St. * preferred 4- preferred Ice 4-16 . (quar.) preferred 7% 4.80% 4- 97»/2C (quar.)_ Inc., $4 pfd. . 5% — common Avenue, Inc. C.) Car 5 %•:•• __ Southern 4-2 4- 2 — Canada Power Co., Southern 4-20 $1.25 dividend 75C ___ 9-15 : (quar.j—; 3-16 Pittsburgh, Fort Wayne & Chicago Ry. Co.— Common , (quar.)*: 3-21 $1.25 — convertible Southern ' — common* 2 $1 -Pioneer Petroleum Co., prior pfd. 4*4% Southern 3-16 t 4- $1 (quar.) Fashion 3-20 2 (quar.)* 4-13 v::"^'$l Insurance Full (F: Stock 5% (quar.) (quar.) (quar.) Piper Aircraft Corp., Pitney-Bowes, Inc. 2 4- <quar.) 35c $1.12 */2 Mills, 4- 6-15 1; 56c Y.)— * St.1 Lawrence Flour Mills Co., dividend Pillsbury 4-20 * $1.12*/2 preferred 1 2 2 4- (quar.) preferred 5- Quarterly '25c Saginaw & Manistee Lumber iquar.) $1 St. Joseph Light & Power Co. ,'V,V r,;.-( 5% preferred A (quar.) $1.25 St. Lawrence Corp., Ltd., $2 1st pfd. (quar.) J50c 75c 2nd prefprred ("tinr.i tl8%c $1.12*/2 Philadelphia & Trenton RR. (quar.)* Philip Morris & Co., common (quar.) 4% 1 7 4- Philadelphia Suburban Transportation Co.— :■ 5- 4- .* Philadelphia National Bank 3.90% '7- 4-14 pfd. (quar.) Stock Franklin Process. Safety (quar.) preferred Southern 7 preferred preferred pfd. 9-15 3- $1.12 >/2 pfd. 1 3 (quar.) 2nd 10- 4- preferred 2nd Colorado 50c (Jacob), 4M>% pfd. (quar.) Co.,'6% pfd. (accum.)— 4-16 1 St. non-cum. 5% Ruppert 5-15 $1.25 non-cum. Southern Russ Building 4- : $4 6-15 '* Russek's Fifth 40c . $4 1 93%c preferred_ii_i__—*__i**_* Refining Corp.— ; preferied 3-22 $1.15 (s-ai 2nd 7- Royal Typewriter Co.. common—** 3-22 Fibre Co., non-cum. $1.75 $1.75 $1.75 $1.75 19c preferred 1 57'/2C 62V2C — 6% 30c (N. common (quar.) 2 $1.12'/2 (quar.)—* $4 Southern 5- . $4.50 3 20c Peoples Drug Stores (quar.)—.! Peoples Gas Light & Coke Co. (quar.)* Philadelphia & Reading Coal & Iron Co.—„ Philadelphia Dairy Products Co. $4.50 3- 50c Co,——— (quar.) 1st preferred 3-10 2 $$1.50 - (quar.) preferred 7% A 2 50C Penobscot Chemical 2 4- 10- 3-31. 3-31 (quar.) preferred A (quar.)*, partai. 4-14 (quar.) . 3-31 3-31 3-29. 4-30 4-10 $1.12y2 $1 common Co.— Gas 6% $1.25 Corporation, 4- Pennsylvania Water & Power Co.— Common 4- California .. 4-30 4-30; 3-20 3-16 —— (quar.)_ (quar.)**, preferred $1.02V2 preferred Inc., & 4- t75c *v ; Pennsylvania Gas Co. (quar.) Pennsylvania Power & Light, common 4.60% preferred (quar.) ;_*, 4 Va % preferred (quar.) 41/2% 3-10 4.56% Southern 50c 1. common preferred $1 * Penman's, Ltd., common (quar.) 6% preferred (quar.) Penney (J. C.) Company Pennsylvania 4- Oil conv. 75c (quar.)— common (quar.)—* . Corp., non-cum. 7% 4-12 75c preferred 6% Roosevelt 6% Inc.— increased Pemco 2 ■ preference Hotel, 6- , 4- (quar.)——* (quar.)* convertible Roosevelt 10c * Chemical 5% 3-30 25C (quar.)* *^* Ltd M!fg. Corp.. 6% 4-13 $1.50 —— (quar.) Tubes, prior Cable Co., convertiljle preferred 4.48% 2 . . 5-15 4- 2 4- 2 (quar.) pfd. 6-11* 9-10» 12-10* 4- 2* 4-14 —— *_«**,**,,*,,*-**,*. 90c Alquar.) 3-19 4-16 3-25 5-10 30c. Co. Company— preferred 2 $1.10 —_ (quar.) Sugar (quar.) ■ . 15c 10c 22y2c 25c 15c * com. California Edison Co., com. 4- (quar.) $1.12*/2 Express (quar.) Rico preferred 8% Southern 6- (accum.) Corp. preferred Porto 3-12 3-12 . $50c I2V2C (quar.)—* Electric & Gas, South 3-12 3 2 • , — South 4- — (quar.). (quar.) preferred 3-30 6-20 9-20 12-20 5- 1 $75c (quar.). preferred (quar.)— Pittsburgh Water, 4y2% 5% 2 4- 1 , , —— * Co. Products Carolina t4.Q0% v 75c 75c 75c 40c (quar.) 4-16 (quar.) 5% > preferred conv. ~ 4-25 4-10" 4-3 53c quar.)* $1.12*/2 (quar.i preferred Rockwood & 2 Special 90c $1.25 A (quar.)—* preferred 4*/2% 4-12 75c (quar.)— Co. 4-16 3-20 2 4-10 5-1 4-16> / — — 20c ——_ Insurance Electric & 1 2 * class Rochester Telephone Corp., 50c (quar.) Button preferred 3-27 54- 6-15 —— Rochester Gas 3-29 4- 2-28 25c $45c tquar.)_ Paper Mills, Ltd.— (increased Common 2' (increased)* common Co.— Quarterly 4-10 4- 4- 2 Corp.*—-— O.) .4% preferred (quarj Society B^and Clothes, Inc. Solar Aircraft Co., common 7- (quar.)— Cement participating 3-15 South (quar.)—*—_*—— Inc., Rochester-American 4- 37'/2C *: $4.40 preferred Company, preferred 3-22 2 Sonoco (quar.)— common 4-12 ; 6% 3%% preferred (quar.)*— Richman Brothers (quar.) Inc., 2 (quar.) Intermountain Pacific Rich's of California— Pacific Indemnity Co. Pacific 3-12 35c preferred Electric 2nd preferred 4-18 4- sinking fund preferred preferred' (quar.) & 7% 3-21 1 5-15 $1.25 Gas 7% 2 (Howard) 9 preferred (quar.) 2nd preferred (quar.) 2 (A. Smith 9 (quar.) 5- 4- Smith 9 3- 1st Aggregates— preferred Pacific 7% $$1 $$1.75 (quar.) Finance Corp. 5% 1st preferred $$1.25 preferred Investors, convert.blc Pacific 7% 3-16 $2 (quar.)_) preference Pacific 4% Inc., Co. Rice-Stix, 3-30 (quar.)***—_ Loan & Debenture Co. Pabst 3-30 4- common..— Ontario Ontario Pabco 4-13 4- 3-12 3- 4-17 .4-2 * * 2 2 3-15 (initial) "V * 50c — — 4- 2 2-28 $10c :* 4- 3- Co. 25c Filters, class A (quar.)—_ Corp., common (quar.)* preferred (quar.)— *; Quarterly 75c Rhinelander 30c — United Omnibus 8% 5-15 3-30 2 Quarterly 50c 1 50C 9 2 ——— Paper Inc.— 3- 3-15 2 — 4-10 6- 3 2 40c — 20c (quar.)— Oilgear 3-15 4- 4- 4-10 3- 9 4-12 2-28 , $$1.25 (quar.)**, $2,12V2: preferred iquar.)* Slobs-Shefiield Steel & Iron Co.— 4- 4- (quar.)__*_ Paper Corp. (quar.) (N.) Compqpy, Ltd.,.common Slater 4-16 5-25 class A Simplex 2 3-12 2 4- 25c 75c $1.50 35c Racing Association— Reynolds (R. J.) Tobacco, 4.50% pfd. (quar.) 3.60% preferred (quar.) 2 5- 4- — Revere 4- 3-13 5-31 25c 40c , 4-10 , — : preferred 5% 4- Corp.— 4-20 4.40% 3-20 4- (quar.) prior preference A (quar.) Republic Supply Co. of California— 3-31 2 4- $2 (quar.) Ltd Mines, Dairies, Ltd., 5- 1 4- 2 4-30 4- 2 Ltd.— B Class $25c $$1.75 J3c $15c tquarj Canada, 4-13: 3-16 5- 1 4-2 Silverwood Western Dairies, Ltd.— $27c $28c (quar.) 6% 4-10 Silverwocrl 4-14 3-20 of (quar.) preferied Miller 25c $1.12*/2 common (quar.)*. Aviation 3-20 5- 40c (quar.) $2 Flour Oglethorpe common— (quar.) 4-14 (quar.)* Corp Company, preferred Silver 4- 87*/2c 50c 50c $1.18% 12c 20c $1.25 * 333/4C (quar.) A Light & Power Novadel-Aeene 5% 7% 3-15 preferred Quarterly — Reliable Stores Corp. Co. series Pump Co. 3-15 convertible 15c 31V4C (quar.)* America of 8herwin-Williams Co. 4- $25c 5c 27c *— 4-25 „ , $3.50 1st preferred (quar.) Rayonier, Inc., $2 preferred (quar.) Reading Company, 4% 2nd pfd. (quar.)— Red Ov/1 Stores, 4%% preferred A (quar.)— 10c 2 4- 87*/2c 30c (quar.) Bearings (Canada) Corp. of America— 3- 50c Works. Ry. preferred Co., Ltd. (quar.) Candy Co.— class A M. 3-15 2 4- $1.25 Corp. Common Power Anne <te 4-16 $3.60 4Mz% 7% 3-20 • — (quar,)— *'. Northern States Power Co. (Minn.)— Norwich T»< •• • ;_—————***—$1 .—$1.16%, orig. pfd. (quar.)—— $1.75 (quar.)* Corp., 2 Sheraton ' 50c (quar.) preferred 3-15 Payable of Rec. Share of Company 2 4- — 4- 20C (quar.)*— $1 Engineering Northern . 30c — Co. Gas Co.* Northern Common 6-15 4- Queen 50c — Y.) (N. T Quaker Oats Co., common (initial)*— 35c 6% preferred (quar.) *—$1.50 Quebec Manitou Mines, Ltd. $2c 3-15 (quar.) North American American 2 __ (quar.)—__ North North Shore 4- Co. Car preferred conv. preferred Name 4- Holders When per Payable 0} Rec. • Co. 1, Purity Flour Mills, $3.50 preferred (quar.)* Pyie-Nat.onal Co., common (increased quar.) 8% preferred (quar.) *—. * 44- 93%c : Trust 1* Service Co. of Oklahoma— 4% Newport Electric Corp. 3%% Bank & Monday, April 2, 1951 . . Holders When * 12c Publication $1 _— i * 3-26 50c , (quar.)— com. 2 4.65% — (quar.)* Company, 4- V »Per •. Share Co. National Public $1.50 •• Company Gas Quarterly Louis RR.— Co. (J. J.) Name of Public 4- :•. ~ , Providence 4- Steamship Co,— preferred York New Newberry , 3-9 56 Vic — * iquar.) Mail 4-2 $1.18% (quar.) com. (quar.) $1.06 V* — Holders Payable of Rec. . 4- 2 3-17 25c 4- 2 3-17 $26c 4-16 3-15 50c 6-25 6-15 $1.14 $1 Third Canadian General Invest. Trust, Ltd.— Class A Thomaston ; Mills (quarterly)— Volume 173 Number 4999 . . The Commercial and Financial Chronicle . (1419) Per Name of Company Thor Corp. (quar.ji Thorofare Markets, When Share Holders 4- 9 (quar.)__ 25c 4- 2 (qjuar.)__ 31*/4C 4- 2 31*/4C 5% non-cum. 5% - Inc., conv. convertible common pfd. series B preferred Thrift . 17c preferred Todd B class A, common 44- 4- 2 4- Waukesha 4- 2 3-15 3-15 Weber Showcase 3-16 4- 2 3-21 Wesley Mason Mills, Ltd., 5Vi% f50c 4- 2 3-15 Wesson 4- 2 3-15 West 4- 2 3-15 West 4- 2 3-20 West Kootenay 2 53VaC 4- 2 4-15 — (quar.) preferred * (quar.) (quar.)'__ prior preferred LaSalle Udylite Corp. Union 62Vic —' 25c 11-15 11-10 Western 4-14 3-31 Western 4-2 Western 3-20 Western Asbestos & Gas of Union Co. Union Pacific 4% Biscuit 4.50% (quar.) Ltd. (quar,) of preferred Dye & 17c Fruit '*• t Fuel United # " ; : Printers United j ' U. S. Fidelity S. 4- 2 55c 4- 2 Brooklyn $1 4- ;'al0% 5- 3-27 Winn 3-22 $2.50 4-10 3-20 50c 4-20 3-30 preferred 7 % Co., preferred 7% preferred S. Industrial U. S. Quarterly U. St Stock S. preferred 4- 2 2 3- 4- 2 3- A 1 Rubber Rubber Reclaiming Co.. 8% convertible 7- 1 Co., 9-20 4-12 4- 2 3- 4-12 4- Vic 4- —V. 9 9 4-20 : (reduced) 4- 2 4- 2 3- 4- 2 3-16 2 6-11 Radio 1 4- 2 3-31 25c 4-14 4-14 — Less y tax 4-10 3-22 t3c : $1.75 5-20 preferred (quar.) $1.75 (auar.) $1.75 5- 8-19 preferred 11-20 S. Trust 7Cc United $6 Co (N. Y.), new com. (initial) Corp., common (quar.) preferred (quar.)., $3.50 Stockyards convertible Stores Corrected 4- 2 United preferred Wallpaper,- Inc., Universal Laboratories, (quar.) 2 3-20 4- 2 3-19 4- 2 3-15 5c (quar,)_._ ($100 par) com. 4- '56V4C 4- $1.50 June 2 4- 2 $1.75 2 3-20 50c 4- 2 convertible preferred 50C (quar.)— (quar.)___ 5% convertible preferied preferred 8% preferred Universal Utah Winding Company, Power Utica & 4- 2 J15c 5- 1 4- 5-15 4-13 3-28 1 10-19 5- 1 1 4- 5- and 2 1 44- 9 50c for nublisbed this 4-30 4- 9 4- 2 since Canadian tax deductible tax non-residents' at 7%. the tax. dates «nrnrrpf»t werp reported are 4- 2 preferred (quar.) preferred preferred (quar.) 5% Vermont Verney $5 (quar.) & Massachusetts 2 3-15 4-14 3-28 4- 3- 5 2 6-10 6-1 4- 2 3-22 7- 2 6-22 62 Vi C 10- 1 9-20 1-2-52 12-22 62 V2C 25c 4- 2 3-15 12 lie 5- 1 4-16 8- 1 Corp., Viau, 4-16 4-16 4-16 (s-a) , Corporation and The 5% (Cuba) -> Period End. Feb. 28— of 1951—Month—1950 1951—2 Mos.—1950 revenue- $5,554,132 oper. expenses. 3,678,591 8.32M64 oper. 3,841,197 1,712,935 1,202,832 3,642,152 7,584,573 2,551,739 inc. 633,871 530,007 1,332,429 6% from rev. Net railway 6- & Coke, 12-10 ry. oper. prpfprred Vulcan 12- 1 $1.25 Thompson Products, Inc.—Rights to Subscribe— The to stockholders of record April 3 are to" be given the right or before April 17 for additional common stock common subscribe on (par $5) at the rate of p. 1280. Wabash Railroad 4Vz%. preferred Wabasso Cotton Co., 7% ■ Tilo Roofing Co., Inc. to common. Co., Ltd dividend record dates on March 28 that this company has contracted the operating assets and goodwill of Fleming-Hall Tobacco New as York, which manufactures such well known "Sano," a denicotinized cigarette; "Encore," and brands.—V. 172, "Stratford," p. 756, as well as number a of brands "Shef¬ smoking has sold privately to 10 institutional in¬ $4,500,000 of first mortgage 3.10% bonds. t proceeds to are bank loans retire be and to used for refund corporation March on 20 outstanding construction.—V. new United Wholesale Druggists of filed a 3*/2% bonds, 170, p, 2440. Chicago, Inc.—Files— letter of notification with the Net sales and Cost products of accts. insured sold, -V , capital.—V, ■ 1949 from finance fees— $10,180,178 including allowance and • 1950 income gross covering 665 shares of preferred stock (no par) to be offered at $50 per share, without underwriting. The proceeds are to be used to purchase merchandise for resale to retail druggists and for working The Year Ended Dec. 31— 171, p. 1674. < _ charges $8,384,082 on SEC at credit $50 March on 1,175 shares filed 22 of a capital Pittsburgh, Inc.—Files letter stock of notification (no par), to with be the offered share, without underwriting. The proceeds are to be used to purchase merchandise for resale to retail druggists and for working capital. " ' per . losses 5,484,176 4,684,968 ——______ $4,696,002 $3,699,114 3,483,993 2,964,343 126,923 337,548 470,000 for corporation covering Crl5,000 $615,086 231,063 $412,223 462,126 462,126 $1.33 $0.89 Upper Peninsular Power Co.—Partial Redemption— Gross income office, —— selling and general expenses income ■ Net earnings Cash 4- 2 3-16 Common 4- 2 3-16 Earnings per 5- 1 4-16 2 3-20 $2.50 4- 2 3- (net)——— .——_____— ; tax_ —• dividends shares ratio — of — — — — outstanding common 4.38-to-l, based of $1,653,119. current on — share — assets current This company has called for redemption on May 1, next, $35,000 of mortgage bonds, 3'/4% series due 1977, at 102.70% and accrued Payment will be made at the City National Bank & Trust Co. of Chicago, 208 South LaSalle St., Chicago 90, 111.—V. 171, p. 1396. first interest. liabilities to assets on Dec. of $7,256,977 and 2 3- 8 4- 25c ASSETS— BALANCE SHEET, 3-14 Instalment 3-30 Other 1 4-17 accounts trade and 5- 1950, was liabilities current 1950 receivable miscellaneous insurance and 1 7-17 Refundable 35c 4-20 4-10 Other $1 4-19 3-30 Property, $4.50 4-19 4- 3-10 2 Total facilities of order other Federal income 1949 $798,121 4,953,952 106,540 Net from 1,011,939 763,685 220,551 Net ry. 216,286 market expenses taxes— equipment Utah 4,950,081 — 1,042 67,000 169,333 and a 221,855 :_ receivables.. —— - 183,787 1,968,714 1,975,305 $9,395,024 Arco, Co.—Proposed Acquisition—* to the Idaho, SEC the for authorization electrical distribution to acquire lines and by Arco for $70,000 and a transmission line owned by for $30,000. In addition, Utah will pay Arco the actual net cost additions an applied owned $855,774 - (netl_ assets plant company has the Village of to the giving property made after Jan. 31. The SEC has issued interested persons until 11:30 a.m. April 10, 1951, to hearing.—V. 173, P. 1176. 31 3-30 125c 8- Prepaid from Arco 31, DECEMBER ' - 2 4-30 Utah Power & Light The 300,382 request CONSOLIDATED 8 4- 37 Vic (quar.). (annual) these of as United Wholesale Druggists of (& Subs.)—Annual Report- Inventories—at lewer of average cost or pfd. stockholders share for each eight shares held.—V. 173. one " V .: ■ . 3-29 4- 37!ic (auar.) Detinning Co., of number "Mapleton" The Cash (quar.) Virginian Railway— 6% preferred (quar.)_ Inc., The $4,881,423 $11,968,616 $10,136,312 1176. p. 7 4- $1.50 pfd. 1 v. announced was vestors 1 Corp.— 4%. ; • 1 9- $2.50 , (accum.) Coal 1 SEC The ._ preferred Virginia Iron." the voting 259,457 cigarettes 1,198,393 Net —V. 173, Other deductions — (s-a) • Chairman, v.- —The company oper. 2 50c Virginia-Carolina Chemical Slick, among a total field," Railway 4- 150c (s-a) E. are United Telephone Co. of Pa.—Bonds Placed Privately Branch 9-10 15c Ltd. preferred E. preferred stockholders of record Feb. 5, 1951, to¬ decrease of 562 since Nov. 6, 1950. On Nov. 6, 1950, 74,389, a decrease of 577 since July 31, 1^50. to purchase Co., Vicksburg, Shreveport & Pacific Ry.— Common period." possible comparing with 254,364 three months before, in both allowing for duplication of holders of both classes of stocks. approximate total increase was 5,093 holders,—V. 173, p. 1280. It Texas & Pacific Ry.—Earnings— 2 6-11 $3 r Co. longest (Continued from page 12) 4- $1.25 : Sugar the 1950. 4, were • Federal (quar.) Vertientes-Camaguey Quarterly .5-1 $1.25 $1.25 common preferred . $1.25 .— Co. a period of five years; and it is now proposed voting trust agreement rather than to extend the to insure continuity of management of 'The order corporation's about 7-16 26c — RR. Aug. tobacco 3-15 4- 30c —_ 5% preferred B (auar.)___— Vapor Heating Corp. 5% 73,156 '' 73,827, ' 5 7c , voting trust agreement dated representing instances here ... , "in for there : v record the for new a a Carlson, President, of the corporation taled The of _ with corporation's common stockholders of record on Feb. 9, 1951, 200,896, an increase of 5,678 since Nov. 10, 1950. On Nov. 10, there were 195,218 common stockholders, an increase of 2,849 The Non¬ source. Investment News • 3-19 $2 Co. <quar.)__— pre/erred A (quar.) 5% statement numbered is dates registration a shares or of the outstanding common stock. Such agreement five years and upon the terms therein provided extended into W. C. The dividend. 15% holders or filed 28 United States Steel Corp.—Stockholders Gain— 2 4-30 4-16 50c Food Sciver, 11- 62 lie ___ Camp Sea 7-20 62 Vic common— (s-a) Van 4-20 1 45C preferred (quar.) prior preferred (quar.) 5% prior preferred (quar.) 5% prior preferred (quar.)_ ____ Utility Appliance Corp., $1 conv. pfd. (quar.) Valspar Corporation, common Van 1 8- 25C prior preferred 5- $2 (accum.) Co Co., ' 25c pfd. authorization of trustees. tax. General 4-28 $2 (quar.) Co 8% SEC United States Tobacco Co.—Proposed Acquisition— 3-20 12 Vic 5% $4 3-20 30c (quar.)„_ common received 2 5- be agreement Corporation' 3-23 tax. income 3-15 12 lie common Light Knitting 5% 2 12 lie « (quar.) Upressit Metal Cap, Upson 1 4-14 . $1.50 (quar.) convertible Tobacco, has presently outstanding under voting trust certificates period a enter 'old 3-23 62*/ac ' 50c resident income March on 1946, for could to 3-20 4- 6 Inc.— 5% Leaf La.) States Glass Co.—Registers With SEC— company 15, was 3-20 75c f31 Vic closed not 7-31 11- 4-14 4- 10c 17 Vic — 5% Universal (Shreveport, approximately 74% 3-26 ' Railway 4% ;pfd. . $0.88 covering voting trust certificates representing 98,641 shares of its $1 par common stock, to be issued under a voting trust agreement dated Oct. 10, 1950. * 2-28 4- t37V2c payment Prpvlnn*! Corp.— convertible i I.-* ■' . 2,0~32~897 $2.90 share from , 7% United • 1,552,054 2,069,547 . (quar.) 15%; British Jamaica 3-29 17c U. 418,705 „ — outstanding of There are (quar.) books 3-29 87 Vic 1,919,109 $2,249,405 426,507 . (accum.) Smelting, Refining & Mining Co.— (irreg.) ; ; ' 7% preferred (quar.)__ 1 : U. S. Steel Corp.— , : 7% preferred (quar.) Common paid. corporation The S. U. 5,396,537 SEC 3-22 $2 taxes— 1280. United 10-15 (quar.i Corp. 5 4-16 *.___ resident a 5-21 35c income State paid shares common p. borrow amount 1 50c tPayable In U. S. Funds, less tPayable in Canadian funds, 3-15 and ,1949 . $104,094,990 $91,553,839 11,826,260 4,168,514 time to time within the next 60 days, the aggregate $25,000,000 from certain banks,' The funds are to be applied to the purchase of a like amount of 4% series first mortgage bonds, due 1971, of United Gas Pipe Line Co. (subsidiary), which in turn will use the proceeds for Its construction program and general corporate purposes.—V. 173, p. 1176. 3-30 • (quar.) preferred •Transfer 3-23 1950 • • , United Gas Corp.—Bank Loans Authorized— to 1950, 3-30 4 172, The 3-28 4-16 ($50 preferred 6% 3-30 .. 4-21 3- Co Extra 8-31* 10% Mfg. common Zenith 11-30* 35c (quar.) 1 2 4-16 preferred x Less Inc.— 4-21 5- 5-31* 12-20 933/4C pfd. non-cum. 1 5- 4- 25c Corp., 5% 6-45 , 6-20 75c 62 preferred per f40c * 4-14 75C (quar.) Earnings 9 20c par) (quar.) (quar. Younker Brothers, common (quar.) 5% preferred (quar.) Zellers, Ltd., new com. (initial quar.) 8 5- Towne New 3 22VzC :: 3- ;. Yoland^Corpcration 7% 3-20* 4- $1.50 , 2 Company 4V27o .'preferred vYoung (J. S.) Company, old 3-20* $1 (William Jr.) & York 3-20* 6 $1.75 _________ S. $1.40 6 4- _____ series A (quar.) Lithograph Co. & S. U. 4- (quar.)_ common dividend preferred Printing St5% U. Yale 9 75c Corp., 4- 11- Monthly 9 . Plywood 334% U, 2- 20c (year-end)_ Co., 4 Vz 7o preferred (s-a)_— U. S. Pipe & Foundry Co. (quar.) Quarterly i 3-26 $2.50 1 2- . taxes dividends dividends 7-16 6- 2 next, 10,000 share.— per , 3-16 3-19 2 . $6,429,723 capital 3- 6 4- 31— Federal Common 1 4- 4- redemption on May 1, preference stock at $17.50 profit Common 1 25c Inc. Preferred Net 7 8- Wrigley $1.75 Chemicals 7 4- 5- Wright-Hafgreaves Mines, Ltd. ; for revenues 2 4-16 3 3-22 called 80-cent income 4- I50c 3 — Lines 4- 4-30 $2.50 4- (quar.) U. 4-30 7V2C $2,50 4- _ I2V2C $30c 3-20 $1 Provision for 56'Ac 1 5-22 of year. 6-14 3-23 quar.) 1 * 3-15 & 2 ; before 10c 5- 4-16 Profit $1 3-15 50c operating 3-29 75c 2 ;Six last of United Air Lines, Inc.—Earnings— 2 $1.433/4 4- $1.75 (quar.) 2 7- 17c 5- (quar.)_ —— 4- $1.25 4- „ has 12ftc 30c (quar.)__ class A 4-16 Common ' shortages ahead are , Total 4-16 Wisconsin Southern Gas & Appliance Corp. Wool Combing Corp. of Canada, Ltd 3-30 trailers new current some 939. Years Ended Dec. 7 7 Common 3-13 despite 1115. p. convertible p. 25c 37V2C / 69- 30c (increased 173, company 50c Lovett Grocery preferred A (quar.) Winnipeg Electric Co. (irreg ) 'Winsted Hosiery Co., common 1951, orders and deliveries of of 172, 3-20 6-15 $1.25 4V2% of 4-20 9-15 $1.25 . 2 V 1 30c — 62*/2c (quar.) preferred (quar.) Gypsum Co., common S. Ltd. 5- 4-2 50c 4-20 $1.06 V* ■' 3-15 com 4- 20c Foil Corp., 50c (Bait.) This shares 6 .30c 10c common—.— Guaranty 3-15 — preferred (quar.) Fund, Inc Corp. (111.)_,.__ 7 — (quar.)___.— 4- 4-15 $1.50 Mont.) share quarter Tung-Sol Lamp Works, Inc.—Partial Redemption-^ 4-16 4-15 J35c prior Whiiing $0.31 ! outstanding common first President.—V. t50c (quar.) (George), Ltd Wilsil, __ 3-24 Inc. 2 "4 ■: 2 Wichita River Oil Corp interest.. convertible S. U. i Finishing Co. $4 (Helena, (quar.) 3-15 , . Y.) (N. __________ 3-12 4- the 4-30 $1 Whitehall 25c 1 20c , 3- 9 6- : 4-2 * of f25c Wheeling & Lake Erie Ry., com. (quar.) 4% prior lien (quar.) : Wheeling Steel Corp., common 8 3-15 3-23 V. 3-8 3-16 3-15 2 2 Co.— 3- 2 In 40c 4-13 4- 2 4- „ 4-13 & 7% U. ' 4- 4- (quar.)_____ Westmoreland, 4 $249,214 424,784 $5.63 — 145,699 $3,282,638 562,142 — "Although taxes will take a larger share of earnings than ever hefore, net earnings in the first quarter of this year will compare favor¬ ably with the first quarter of 1950," according to George M. Bunker, 50c (quar.) $5 — & . per taxes— 3-16 (quar.) Stationery preferred shares 4-16 $1.60 4-10 4- 1 1 3,775,000 after Common materials, Western Union Telegraph Co., class A (irreg.) Westminster Paper Co., Ltd., class A (quar.) Class B L_, v U. S.'Envelope Co. (quar.)— U. 5- 5- taxes income 3-16 1 preferred 1949 $52,049,475 $28,140,156 7,057,638 394,913 — 4-16 : 5% 1950 taxes_ 3-14 $1.50 4-10 4-15 Income 1 before 3-16 s-a)___ i_ & income 2 (quar.) (increased 5% " Net $1.02Vi (quar.) $ 75c Co. Specialties Co C Co. Share in 1950— a $1.05 $1 ■ Publishers, Inc. (quar.)_ United Shoe Machinery Corp., com. (quar.)_ 6% preferred (quar.) _______^— ; 5 3-29 Trailmobile Co.—$5.63 Year Ended Dec. 31— sales 1 Net 4-16 (quar.) (quar.)__. Tablet Weston __ Dye Works, preferred (quar.) $4.25 «. . Ltd.—• Piece United 6 15c (quar.) Bank of 3- 2 4- Western 5 2028. p. $1.12Vi 75c (quar.) Certificates United , 4- 75c- 3- ■, 1 4- t$1.75 Common 4- -2 $9,068,941 night— Stoies Ins. $9,395,024 ! 172, Net (quar.) Common $1.75 —L Common 6 3-20 $1 */, United Molasses, Ltd., ordinary (interim)-CUnitcd N, J. RR. & Canal (quar.). United Paramount Theatres,, Inc.— ■ Life 9 4- — ; Industrial Western 3- 1 2 394,165 2,931,536 per 4-17 (accum.) preferred 2 20c Corp.— Investments, Quarterly 6% 3-15 5- $1,121/2 (quar.) 6- 5- Insurance Securities 4- (quar.) Illuminating United 4- > —— (quar.) 6% preferred A United Gas Corp. Department preferred Western 2 America _ United ,, 4- 2 $1.25 (accum.) Co. Extra 4- 25C _" ; (quar.) 6-12 Grocers, Ltd., class A $1.40 420c (quar.) common Chemical preferred United 3-15 4-14 tl5c - (s-a) Co. , 15c Co., 50c Breweries, Ltd Commonwealth Corp., class A (s-a) $2.50 class A Co. United Drill & Tool, class A Class B (increased quar.) United 35c Co Sulphur & Oil Corp. United 2 ___ Canada, RR. preferred Union 2 4- Ltd.-*- Rubber Investment 4-16 4- 462,126 394,165 2 50c _ Canada $1.12 Va 462,126 Earnings Co. $1 3,315,559 3-15 2 (quar.) series Assurance 40c 4- 4- (quar.)__ & Co., $6 pfd. Pulp & Paper Co West 62 y2c 4-16 3-15 pfd. (quar.) West Texas Utilities Western value Total 4-12 preferred 8-10 (par 3-15 $1.25 (quar.) 5-10 62V2C 2 1 preferred series B Virginia 4- 2 4.10% ' 3,882,555 share) —V. 1 Co. 8-15 .. 3- 4- 4.20% 3-19 43,721 3,565,055 year 91,021 77,293 paid-in capital— Earnings retained for use in the business 3-16 2 stock 52,000 122,850 3-30 2 4- 5- preferred 5-15 - Corp., Union 2 4-16 4- 35c 4Vi% 3-23 Common i Additional Co. (quar.) Power 2 3 4-20 1 t$1.37V4i Co. Power 25C (quar.)— Corp. (quar.). (quar.) Union . 2 Penn 34- 31 'Ac Corp. Coal prelerred West 5 Sugar 25c (quar.)™ preference 4- 7% 3-16 4- * Street Acceptance 60c , 4- $1.50 3 20 Indies 5 5- 220,450 454,106 taxes other 4- 35c (quar.) Kentucky 25c 31*40 (quar.)_: & Fixture and 4-16 t20c Snowdrilt, Inc. (quar,) J 50c .__ South Oil & 4-16 25c 3-15 preferred 4 flOc 2 4- 3-20 Withholdings from employees Long-term debt due after one 2 25c (initial quar.) 2 25c State (quar.) 2 ___ 5% Co. 4 - 3-20 , (quar.) & Company Motor t$1.12Vi Trinity Universal Insurance Co. (Dallas)— Quarterly !_ Quarterly ' ' Quarterly True Temper Corp., 4 '/a % pref. (quar.) Twin City Rapid Transit Co., common 208 Ltd. (Jack) 4- __ 5- 4- 62Vic 4- ' 5-18 500,000 201,422 399,526 286,844 Employees' compensation Federal income taxes— 20c Pictures, Inc. (quar.) Co., common (quar.) 50c _■ 3-16 Ltd.— (quar.) 50c (quar.) pfd. Worts, J$1.25 5% 4- 25c Wayne Knitting Mills (quar.) Weatherhead Co.. $5 pfd. (quar.) J. Corp. preferred Watson Extra Products Brothers 5% Waterous, J20c $1.25 Brothers Warren 3-15 _ convertible preferred Warner 3-15 3-15 3-28 3-23 2 289,945 317,500 year payable to banks Accounts payable and accrued expenses— 4- 2 J 75 c 2 one Notes 3-23 62 Vic & LIABILITIES— Long-term debt due within 2 common. (quar.) 2 3-28 4- 25c (quar.) Goodernam Holders Payable of Reo. $1.75 Quarterly 2 „ 15c common (quar.) 1 4-30 . A (H.) J20c _. Trico Walker jioc _____ 4Vi% preferred (quar.) Trailmobile Company, common ' 3-20 3-20 12 Vic Ltd., class A— $6 2 class When Share Corp., System, Inc, & Company, $2.50 3- (quar.)_ Traders Finance Corp., Class B Tri-Contincntal, 3-15 2 quar.) Products, 3-16* 2 2 12Vic (quar.) 4*4% Walker 2 4- 4- — ... Treesweet Waldorf 15c common—— Toronto Mortgage Co. Torrington Company Towmotor Corp. /___, . 3-16* 4- . common (increased preferied $1.75 Brothers, Ltd Toronto Iron Works, Ltd., A IVo J25c Tooke Class 3-16* }15c (quar.) Company, Class Baking 4- ■> 25c Company Wagner 4- f20c _ • Name of 3-28 (initial series)_ Stores, Ltd., new common (initial)— Timely Clothes, Inc. (quar.) Tip Top Canners, Ltd., class A (s-a) Tip Top Tailors, Ltd Tobin Packing Co., common (quar.) : Per Payable of Rec. 25c 51 $9,068,941 Ry.—Earnings— 1951 February— Gross from oper. 1950 1949 1948 $76,437 $179,590 $184,236 *68,930 •9,793 23,946 45,671 •69,117 •18,197 15,933 212,064 143,134 372,561 395,432 50,712 Income $25,623 •43,056 railway railway •88.584 •6,964 57,410 *59,452 •90,893 *31,117 34,111 From Jan. 1— Gross from Net from Net ry. railway railway oper. income— •Deficit.—V. 173, 4). 968. ; , 52 (1420) The Commercial and Financial Chronicle Valley Mould & Iron Corp.—Split-Up Voted— The stockholders •uthorized March on stock common chares, par $5, and to effect 06,520 shares. total A 13 approved from of proposal a a about Uranium Lake With Securities and sold change the shares,- par $1, to 600,000 four-for-one split-up of the outstanding $1,900,000 will Co., Van transferred be earned surplus account to capital stock account.—V. Van to 100,000 Dyke, from 173, p, 1280. Mich.—Registers Exchange Commission— J The March company on filed 23 The stock is chare, with writer *ud is Co. It in be to of the but Detroit, has company which "Is the with par. negotiated with to " » ' the liabilities *aid of owner of the Syndicate rights said was of cooperate- with ploration owned Canada." in character." in for cost U. by all funds." company venture "is The mineral situated are be to looked "is directing company River Uranium Area the in United its ex¬ Net proceeds mated of the $415,000. at stock - assuming all shares are sold, is company intends to use the funds for The liminary investigation and development development costs ($367,100). The prospectus Ihesident. officers, All issued were to Thomas names but 13,300 directors and B. the of pre¬ pre-production Smith Among of Center shares Line, Mich., owned are as by 30 Saulte ber of the management-promoter group, share $11 of per The at preferred unit. preferred $11 issue stock share per and stock of in units of one at stock common : . shall and (par $1) share one be subject accrued redemption, to dividends after all five in or from years part, the thereof. PROCEEDS—The net proceeds to are be added to working capital. COMPANY—Incorporated in Delaware on Feb. 17, 1951, for the engaging in the business of manufacturing and distributing a product known as a Metallizing Machine. The products of the company will be known as VANCO. purpose of The Metallizing wiiich in consist the of air an and gun, Machine a has turbine nozzle gas two primary used to and distinct features, the power machanism operate having a self-contained mixing chamber eliminating the hazard of backfire and •/ in metallizing guns. at the point of combustion explosion heretofore common The GIVING EFFECT TO PRESENT : 7% cumul. Common (par Founders stock —V. p. 173, Arthur Iiotders result K. The oi sales assets „ the ,v as the 11.44% compared with with amounted and were increase Mr. operations amounted with 1949, and was in tries for stated increased production in and Defense upturn an that in the together expenditures of in¬ an . $75,339,457, an increase of 2.34% favorable considering the substantial j the favorable the of and other stimulated operating operations by was heavy indus¬ the- the were placed of diesels in and switch 72 additional diesel Funded debt motive and in service. was As of Dec. 31, 1C50. the total 113, consisting of 35 freight, 11 passenger Arrangements have been made to acquire Gross from JSfet ry. held " 1950 > ' 1949 1948 $24.10 $7,241,044 $7,601,602 $8,487,011 2,010,628 1,646,902 1,630,561 598,011 552,141 590,833 2,528,070 1,085,160 railway.,... railway 17,956,027 14,848,481 15,734,684 16,883,730 4,855,155 3,156,935 3,292,885 income... 1,630,801 986,660 1,190,687 4,829,485 2,035,641 From Jan. 1— from Net ry. —V. oper. 173, authorized standing) pose of common to any March on stock 19 from approved 600,000 1,000,000 shares. There additional stock.—V, 171, are increase PROCEEDS—The served and its continued increasing four facilities. estimated to Expenditures on March 29 filed hovering 200,000 shares 173, p. 479. of Involved.—V. a combination of a or Seaboard and territories for per share stock for No sell within basis in subsidiaries its convert were straight natural to the metropolitan Maryland in they Washington, Total revenues The of each the has company past 98 paid The years. share has been maintained for per dividends current the its on and on as 1949. the on which gas of area Virginia. and first the requirements 8, that so 1951-1952 of the of rate annual twelve years. past largest 1951,..; the is maximum estimated previous day's demand for be 2,052,000 therms send-out of 1,562,418 V'W the compared as therms Sales for the first two months of 1951 current March business continues GIVING 3Vb% series, series, due June due July 1, EFFECT TO 1, I960 PRESENT $5,200,000 13,855,000 the same upward trend highest reached for a similar period since World War II, stated W. Holton, Jr., President, on March 28. Profits normal for and this the P. the highest only first excess period, received the for a he quarter, profits taxes, after all should charges, set pomt for severa' booked years. but these 2225. orders is of increasing ' yet as Thus comparatively small volume of all-time 2,000,000 notes, 2%, due 1,000,000 (without cumulative * 8,000,000 far for of specified 900,000 shares of estimated to pursuant strictly each are has orders but war month.—V. •' , ' 172, • percentages to H,',,B.obst' President, a and subject 26(11951. 207,000 by to the terms At Dec. shares 1,500,000 31, of stock of the the for of the shares holders are of than be the the SEC com- 218,000 j,-, underwriters «ha!£f' arf1t!?h?par value- ^ tn hi a ? {2r Sf hint lnf? ? 2oennnr fh» nrn proceeds . W $2.C00,000. new of a °f the proposed offering 185,000 account of the company and the proceeds treasury funds to reduce the $5,400,000 The $2,000,000 balance is to be repaid five-year term ^npany 1952. The remaining 135,000 may borrow an addiUona1 Dec. 31, loan pursuant to $3,000,000 at shares of the which time offerings any prior are the to to be The the and home company's - exceeded with 12,100, offices and factory at Toledo,- wholly-owned subsidiary a plans to employ an estimated 1,200 additional workers Ind., plant recently purchased for the production of Electric J-47 jet engine parts, it was stated. 1 ; V* Anderson, General Mr. Canaday will for revealed be payroll the the time the at for Willys-Overland annual calendar had company Except brief payroll nearly of *aid month the fcr He $41,500,000. during which monthly employment of 8,700. 1950 average an of rate of year $32,377,734, was period in 1949, Willys employment has risen level of 5,000 late in 1945. Willys war¬ reached 16,227 in March, 1944; the company's top of $51,098,085 appeared in that same fiscal year. a steadily since post-V-J Day a employment annual payroll —V. 173, 386. p. stock common $25) (par March 31, purchase expired became void after the 5% to the preferred of close the New York Curb Exchange in the 5% on 27. attached warrants and business*,, 1951. attached warrants Dealings discontinued were in the entire warrants.—V. stock common warrants offered which to, each 173, issue at of the preferred stock close preferred of business on will stock bo not 1280. p. & & Robinson from Olds but from ry. to Herman The pay, in part, LukenS- cost a new The March 15 church and bonds basis 634,012 678,863 749,349 89,849 117,337 137,066 March on of filed 23 registration a statement with the be to are stock of mortgage bonds, series E, due April 1, preferred stock, cumulative, $100 par, and stock, $10 par. - offered is record for be to April public offered 2. 1951 sale at competitive bidding. subscription by preferred holder may subscribe for for (each of on the bonds is payable at the rate of 31/2 % per annum April 1, 1956; thereafter to maturity at 4%. The redeemable jon or prior to April 1, 1956 at 101 and accrued thereafter at 100 and accrued interest. 5 ' For—The company on March 27 announced that all of the 320,000 of additional common stock offered by it have been subscribed for by warrant holders and employees share one of new stock for each 20 shares then held. employees will be offered unsubscribed shares. dividend rate on the preferred, and the preferred and subscription price and underwriting terms for both the common stocks, are to be supplied by amendment. Smith, Barney & Co. and Robert W. Baird & Co., Inc., are named as the principal underwriters. Of the proceeds, $1,000,000 is to be used to discharge bank loans which the remainder company may incur for construction purposes; will be used to pay or reimburse the company, in and the part, for property additions and improvements. The company estimates that its 1951-52 construction program ex¬ penditures will aggregate about $21,500,000. It is contemplated that cost program of 1952.—V. will 173, Worcester it of The will be require sale of $8,900,000 of additonal securtes County Electric Co.—Bids for Bonds— received company 1, the 608. p. 16. Mass., $12,000,000 competitive March including Subscribed 141,756 ,404,692 1280. p. shares preferred the , Co.—Stock 101,310 4.163,275 *327,568 96,069 shares of common Full-time are Electric 173, company 6.J (par $1) at $15.50 of 75,130 3,813,839 income 10,000 6.9 Biechele, the selling stockholder. the *354,393 4,424,347 362,066 covering $4,000,000 of first 1981; Boston to 432,243 Wisconsin Power & Light Co.- -Registers With SEC— The building. $2 ,191,949 377,405 many whole shares as he desires, subject to allotment in case of oversubscription). The common stock is to be offered for subscription by holders of outstanding common stock of record April 2, 1951, on 6.9 on $2,063,759 339,485 as 6.9 Robert C. Jones & Co—.— stock 1948 $1,905,237 *30,499 railway oper. stockholders 6.9 Coe—__ and 1949 1950 $1,984,204 railway—— the go 1951 ♦Deficit.—V. The Shillinglaw, Bolger & Co. to Ry.—Earnings- railway railway.: oper. income— Net 10.125 common Central From Jan. 1— Gross has follows: % & from mortgage serial bonds, dated Feb. 1, 1951 and due semi¬ annually from April 1, 1952 to Oct. 1, 1963. shares Wilson March SEC the 1280. Penn 79,838 . its Bids West 171,235 31,066 , reported on March 22. March 1, the corporation's employment of first interest; 728,261 88,675 53,438 The company at shares - and fered at 100 and accrued interest $250,000 3Y2%-4% and 669,446 130.111 67,971 Foundry & Machine Co., tr to 654,605 185,923 at Pontiac, Mich., provides employment for 2,000 and 300 are em¬ ployed at Willys-Gverland's West Coast assembly plant at May-y wood, Calif. V ; Wesley Methodist Church, Bloomington, 111. — Bonds Offered—B. C. Ziegler & Co. on March 27 publicly of¬ bonds 789,639 the upon Interest the covering 320.000 As preferred share. are 43,986 93,843' 968. the proceeds 14,057 income Wisconsin 1280. are 19,605 authorized - several the of as 10.125 p. 21,709 9,834 employees at from issuance convertible of ferine.. names shares the 1950, reserved $4.50 cumulative incretfcifed to not more Inc.— proceeds $317,203 41,491 Employment and payrolls of this corporation have reached highest level since World War II, Ward M. Canaday, Chairman March may Ferris A- Co.—. 173, 47,223 President, Net to Mackall The 1949 $301,561 60,490 1951 Willys-Overland Motors, Inc.—Payroll at Highest Since ry. Goodwyn per 1948 % $362,308 1950 $359,833 World War II— 734,400 shs. outstanding 10.125 173, p. 1,265,032' 638,960 Alabama—Earnings— railway p. Net those 10.125 education on March 26 announced that 173, Dealings 40,000 shs. increased -was purchase, Parker 159,750 *303,428 from 25.0 With SEC— re8'stration statement with —V. Net First Boston Corp. Johnston, Lemon & Co Nolan 699,929 251,385 " with •• be for, 1,533,833 1,558,446 596,381 968. p. railway—— 60,000 shs. % The Warner-Hudnut, Inc.—Registers 3,050,623 173, February— 1,500,000 shs. except under stock common agreed 6,238,475 income— oper, Gross The —V. company from ry. 70,600 shs. outstanding to this series purposes included the 5,615,874 - 1— from Net 60,000 shs. value)— par any March on stock conversion B. unshipped the Gross 6,000,000 ——— (without bonds 6,220,588 railway Jan. 90,000 shs. convertible,-.-. cumulative stock 404,390 8,448,527 1,000,000 „_ refunding mortgage. ■(■Authorized common the record From Net value)— par cumulative $4.50 717,831 . railway oper. without :n__ stock 1948 $3,011,730 annually July 1, 1951-55 Preferred 1949 $2,738,262 83,494 *146,100 railway Net from railway,_ Net ry. oper. income on 1,980,000 1974 1950 $3,166,G48 869,311 Wilson Brothers—Stock Purchase Warrants Expire— Federal high said. addfd t,lat orders percentage an including 1951 $3,531,213 from stock 12,955,000 - The Georgetown Gaslight Co. 1st mtge. 5% bonds, due Aug. 1, 1961_„_ stadt & Co. and $9,000,000 $863,618 568,696 1,442,816 1 324,729 Western Ry. of FINANCING Outstanding $5,199,500 underwriting will be approached $2,503,451 RR.—Earnings— February— Gross * 1970 offered 6,000 shares of closely $318,081 195,371 638,113 income— oper. from ;< Gen'l mtge. 5% bds„ due Nov. 1, Refunding mortgage bonds —V. \ 3,859,388 $1,068,125 ry. income railv/ay from The stock; $4,723,006 5,597,101 on Webster-Chicago Corp.—Secondary Offering—F. Eber¬ •nd oper. $8,100,552 1280. p. ry, time during gas to day's Authorized Serial $2,090,201 1,772,120 2,713,383 ''Deficit.—V. $1.68 common supply of natural gas is furnished the company and its sub¬ by Atlantic Seaboard Corp., a subsidiary of The Columbia System, Inc. The growth in business has increased the daily 3% 1951—2 Mos.—1950 1951—Month—1950 expenses from. Net a 1950 after . Walworth Co.—Net Profits Higher- ■ The Feb. , , Ohio. > reported by the company for the year amounted to $23,485,000 and net income was $2,489,000, equal preferred dividends to $3.21 per common share, compared with with all owns ; > , notes customers both. and to adjoining Folger, registration statement with the capital stock. , of number require the company expand considerably their construction started in 1951 are of consolidated Gas •• of 3 h $1,000,000 issuance of new 4 V motes the outstanding, securities oi the From Jan. 1— service and part Redpatli Investing Corp.—Registers With SEC.— .JJ1? corporation SEC the in gas approximately $13,000,000, funds for which will be from operations, in part from the proceeds of the common stock, and In part by the issue, prior to the 1951, of approximately $9,000,000 of bonds or temporary bank of $1.50 refinance to through $3,781,508 revenue oper. 173, Gross to at in sale Auchincloss, Wall Street for improve Alex. Brown & Sons (499,016 shares out¬ immediate plans to dis¬ no Offering — growth demands subsidiaries the 1790. p. Co. expiring at 3 p.m. on April 11, 1951. The First Boston Corp., and Johnston, Lemon & Co. jointly head an investment banking group which will purchase from the company any unsubscribed shares. severally to proposal a The — 27, 1951. The stock is priced at share with the transferable subscription war¬ not. subscribed shares 1950, Western Pacific rants respective stockholders Correction — Light UNDERWRITERS—The Wagner Electric Corp.—Stock Increased— The 172; March record per common 1216. p. $2,540,020.—V. of taxes, • issued $8,215,604 Gross from Net of ♦Additional income... oper. profits rev. ry. —V. Net tCommon railway.—. railway—... from Net Corp. Gas $4.25 1951 and excess Common Stockholders Underwritten—The company on March 29 offered to holders of its common stock, rights to sub¬ scribe to 122,400 additional shares of common stock (no par) at the rate of one new share for each five shares $5.00 ; Warren Washington power. EARNINGS FOR FEBRUARY AND FIRST TWO MONTHS February— and Net Net net or reported consolidated net net profits, after interest and U. S. company ry. equipment obligations in the amount of $1,389,533 retired. were use locomotives. $37,845,027 CAPITALIZATION During the year 22 diesel freight locomotives and 22 diesel switching number of The $8,755,032, Net efficiencies. . locomotives $12,323,517. in used authorized was during oper. $56,000 of five-year 4% convertible notes is being made by Talmage & Co., of New York, not Talmadge & Co. as stated in V. 173, p. 1280. during year. of of be 1950 shows 31, of Dec. as liabilities current ' notes of Colorado maturing fir 11 connection with Colorado's con¬ promissory would Period End. Feb. 28— Railway oper. including cash and marketable securities with also Utah from National $19,826,475 were made for improvements in physical properties and rolling stock. Earnings provided $6,239,843 of the necessary funds, the remainder having been obtained principally from charges for depreciation and amortization, as well as outside financing. $9,699,200 of equipment obligations were issued to Net winter result automobile business with Hobson's ma£® Western Maryland Ry.—Earnings— and Compound, sidiaries to general Program, Gross $104,357,675, second highest in Freight rates remained business. Atkinson to the the . of compared due sha^e- that $5,693,237 to history of the company or its nredecessors. throughout the year. • Cost the to stated < compared unchanged Lorate, balance sheet $21,078,549, distribute report 1950, year ^ 1949 Nonspi, 3V**ie maturing July 1 1963. Utah Colorado.—V. 173, p. 1115. toiletries Vince, Preparations and specialties Waterbury's to company, , Gelusil, Anusol, Heparin/Pitkin- are; Diatrine, this program. issued Richard names by Proceeds offering of Atlantic year. of crease Veracolate, Balm, BUSINESS—Company President, in this apnual $9,584,262 specialties Gelu-Cillin, pharmaceutical proprietary income C.) present Second Best— evidenced struction February— Gross from railway- loans, was the authorizing order an >. end Revenues from operations in 1950 uharmaceutical compared 1950 foreign 50,000 shs, 50,000 shs. — » under issued months. pharmaceutical proprietary Colorado Liniment, s 666. current highly gratifying. be Stigminene. cf assets derived for and has SEC borrowings from its parent, Utah Power. & Light Co., .during the remainder, of 1951, in amount aggregating $600,000, the borrowings to avail¬ information Co.—Borrows,from:Parent— Western Colorado Power The Railway for and p. 75,000 shs. operations „ , basis of principally company's consolidated 25,000 shs. the ethical of Alka-Zane, Sloan's $4,952,028, Outstanding Atkinson, income Net previous FINANCING 1280. covering was ethical Sloan current 50,000 shs. (par $10)__ Wabash RR.—1950 Revenue On the 1889. marketed are and Bathasweet, Authorized 3H (par 309,067 shares were sub¬ 10,933 shares by regu- employees of the company and its majorityowned subsidiaries.—See also V. 173, p. 1216. ■ Of the 320,000 shares offered, scribed for by warrant holders and lar full time Stacomb. $1)—100,000 shs. preferred stock stock pired on March 26. Hence, no shares are left available pyrchase by the group of investment bankers which underwrote the offering. for toiletries. company's include: and CAPITALIZATION • 1951 Monday, April 2, . subscription rights and privileges which ex¬ under the < for the "Nolan Claims." Vandersee Engineering Co., Houston, Tex.—Stock Of¬ fered—The company on March 15 publicly offered 25,000 shares of 7% cumulative preferred stock (par $10) and common will stock. common Yu, Ciro, Courtley and DuBarry. the Menstruum (J. 25,000 shares of producer Thera-Vita, Agoral, current company. The 13,300 shares Saint Marie, Ont., not a mem¬ who stockholder principal the . its subsidiaries manufacture and sell cosmetics, and founded in cosmetics Hudnut, Chen the of Roche of and of company active an Its esti¬ ' outstanding promoters Peter J. ($48,550) the it, specialtier; and District sale, Hudnut, to is It of Algoma, Province of Ontario, Canada, primary for uranium and if Justified by results of such exploration, intends to develop those prop¬ erties indicating economic possibilities." 50% comoany proprietary pharmaceutical specialties and toiletries in the and many foreign countries. The business of the com^ back to William R. Warner & Co., founded in 1856, and dates Richard in upon company's of the States the to cf believes it is the largest producer of cosmetics sold through retail drug and department stores and wholesalers and the second largest in the cosmetic industry without regard to sales outlets. in and assets assets the excess corporation and able Syndicate, the said of S. the issued Prospecting The in the Montreal program total The stock, common Lake Claim,' The $33,250 "presently Province of Ontario, being exploratory 'Nolan Syndicate. members claims and so-called a in application will be made within six months. The pany TItuS-Miller •'* .. , •uci of account own capitalization ethical the deal." There are outstanding 146,300 shares March, 1951, "to members of the Van the $1 seeking other dealers , as statement stock, common publicly offered "as a speculation" at $1 per per share underwriting commission.No under- 15 cents a named; registration a covering 500,000 shares of its the uponycompletion of the offering * will consist of, 78,466 shares of 6% first preferred stock, $J00 par 5 value, and 958,625 shares of common stock, $1 par value. V It is expected that a public offering of the shares wllF be made around the middle of April through a nationwide group of securitiesdealers headed by F. Eberstadt & Co. Inc. The company has agreed to apply for the listing of its common stock on the New York Stock Exchange i,following the public offering and it is expected that such an The 6EC for continue to . of has bidding, at to up the noon first received office (EST) SEC $12,000,000 of the of on mortgage for the series authorization first 441 company, April 3 bonds, mortgage to St., due 1981. and issue bonds, Stuart purchase from B, sell, series B, at due 1981. The proceeds of the financing will be applied to the payment of bank notes of $11,370,000. to the payment of notes and advances due New England Electric System, parent, aggregating $505,000, and to the cost of plant and property additions.—V. 173, p. 1280. Wyatt Metal & Boiler Works—Acquisition— The company consisting of sidiary, and value 150 now each.—V. during 1950 purchased the minority stock interest, shares, in tho Steel Tank Construction Co.. a sub¬ the entire 6,000 outstanding shares of $50 par owns 157, p. 1280. '/ .. ?, , Volume 173 Number 4999 . . The Commercial and Financial Chronicle . _. —- —-— (1421) r ».y • 53 STATE AND CITY DEPARTMENT i BOND PROPOSALS AND NEGOTIATIONS ALABAMA , i ' » < 1963 inclusive; and $10,000 payable at the County Treasurer's 23As, due on May 1 from 1964 office. Legality approved by inclusive. Orrick, Dahlquist, Neff & Herrington, of San Francisco. Imperial County Sch. Dists. • . Alabama (State of) Note Sale—Local banks recent¬ ly purchased $7,000,000 1 xk % tax anticipation notes, as follows; $3,000,000 series schools 1951-A, (P. O. El Centro), Calif. Bond public corporation notes. 000 Sale—The school Dated March 1, 1951. Due $2,'4 by 000,000 June 30 and $1,000,000 on July 1,1951. -. Angeles, 4,000,000 • series schools Dated 1951-B, public corporation March notes. 20, 1951. Chilton County (P. O. Clanton), Alabama " Warrant Sale—An issue of $55,000 iy2% capital outlay school warrants sold was to Legality approved by White, Bradley, Arant, All & Rose, of Birmingham. * Cullman, Ala. school sold to Gaines & warrants was Co., of Birming¬ approved Bond 4% first mortgage revenue bonds sold was to Watkins, Morrow & Co., of Birmingham, at a price of par. Dated Jan. 1, 1951. Legality approved by White, Bradley, Arant, All & Rose, of Birmingham. Mountain Brook, Warrant Sale Ala. An — issue of was Bond Sale—The $153,000 March on 1217—were sold to a 20—v. awarded Luis bonds offered March 19—v. 173, 1116—were awarded to Kaiser & Co;, of San Francisco, as 2%s, at a price of 100.46, a basis of about p. 2.70%. Fresno County School Districts (P. O. Fresno), Calif. (Bond Sale—The $71,000 school district bonds offered March 20— Due Blyth on Dec. 1 from 1952 to Note Principal and in¬ inclusive. terest porary loan March 27—v. (J-D) payable at such bank to bids the until chase p. 159,000 2*4% Offering—Harry D. Ross, Controller, bonds 173, Jan. 1 from 1953 to 1957 inclu¬ sive. (City and County), of will receive April 23 for $12,100,000 the 75.000 follows: 173; 1116— awarded were to inclusive; The Sweetwater Union High Sch. Dist., San Diego County (P. Diego), Calif. San Bond 000 Offering T. Savings O. bonds at net - '4 a bids until 9 as a.m. (PST) on purchase of $32,000 bonds, follows: 1951. to Principal and interest County Treasurer. Due 1976 — J, L. May on inclusive, interest (M-N) y 1 from 1952 Principal r payable and at the f;;: j . • /.• . Jo >. • /. .. Junta, Colo. Bond Offering — Hazel Best City Clerk, will receive Manhattan Beach City Sch. Dist., Girch, Angeles County (P. O. Los sealed bids until 8 p.m. (MST) on Angeles), Calif. April 16 for the purchase of $315,Bond Sale The $10,000 build¬ 000 refunding water extension ing bonds offered on March 27— general obligation bonds. Dated v. 173, p. 1321—were awarded to May 1, 1951. Due on Nov. 1 from Los — Bank Trust of America National 1955 to & Due 1971 1969 inclusive. Jan. ' 1, Harris Trust Due April 1 from 1952 to 1961 inclusive. 38,000 interest cost of about on Fairfax Sch. Due on 1970 Dist. bonds. inclusive. 75,000 April 1 from 1952 to bids until 3 The bonds (EST) on April 16 for the purchase of $650,000 general improvement-1951 bonds. p.m. Nov. on 1 from 1952 to 1970 inclusive; Legality approved by Chapman & Cutler, of Chicago. Spirit Lake, la. City Offering — Don Dykstra, Clerk, will receive sealed bids until 1:30 000 bonds, $50,000 as (CST) p.m. on City Hall bonds. Due Nov. 15,000 The 1 from 1952 $675,000 elec¬ offered on to City Hall in- Completion Due on Nov. 1 1966 inclusive. to on 1971 . bonds dated are 1951. Ind. bonds follows: ■elusive. bonds. The bonds after from March 1, Nov. maturing on and 1, 1962 are callable. Principal and interest payable at the City Treasurer's office. Legal¬ 173, p. 1117—were ity approved by Chapman & Cut^ syndicate composed Bosworth & Co., Inc., ler, of Chicago. S. Dickson & Co.,. Weeden & Co., and Ames, Emerich & Co., all of Chicago, at a price of 100.02, a net interest cost of about 2.23%, KENTUCKY Butler County (P. O. Morgan- town), Ky. follows: as Bond $351,000 2V4S. Due to 37,000 2i/4s. Due 1964 , on April 1 from 1962 inclusive. to 1970 on Town Offering — J. W. (P. O. 11:30 Dated Hume, (CST) a.m. building (CST) on revenue bonds. April 1, 1951. 1 from 1952 to Secretary of the Board of School Trustees, will receive sealed bids until 8 p.m. until April 3 for the purchase of $245,- 000 school Jeffersonville), Ind. Bond Offering — Onva White, County Clerk, will receive sealed bids April 1 from inclusive. Clarksville School bonds 1971 maturing 1, 1954 are Due on callable. Oct. on inclusive. The after or Oct. Principal and interest (A-O) payable at the Morgantown Deposit Bank, Mor-i on April 6 for $20,928 building bonds of 1951. Dated April 1, 1951. gantown. Legality approved by Skaggs, Hays & Fahey, of Louis¬ ville. purchase of semi-annually from July 1, July 1, 1956 inclusive. In¬ 1952 to terest Legality approved by Ross, McCord, Ice & Miller, of Indianapolis. Sale—The issue of $900,- electric bonds was (M-N) payable Bond utility revenue-1951 purchased by a syndi¬ of John Nuveen & cate composed Public Hospital Corp. (P. O. Corbin), Ky. Offering — Ellis Murphy, Secretary, will receive sealed until Decatur, Ind. Bond 000 Corbin J-J. 2 (EST) p.m. on bids April 17 for the purchase of $135,000 hospi¬ tal first mortgage revenue bonds. Dated Jan. 1, 1951. Due on Jan. 1 from 1953 to 1976 bonds maturing 1961, are inclusive. The after July 1, on or callable. Xancaster, Ky. Bond Offering — Ruth White, City Clerk, will receive sealed bids until 8 p.m. (CST) on April 2 for the purchase of $375,000 water and sewer revenue bonds. Dated April 1, 1951. Due 1954 to on April 1 from 1981 inclusive. The bonds maturing in 1957 to 1981 interest (J-J) payable at the First State Bank of Decatur, or at the payable Continental Illinois National Bank are call¬ Trust & Trust Co., Chicago. Legality ap¬ by Ross, McCord, Ice & Miller, of Indianapolis. Dated May 1, 1951. Due on May 1 from 1957 to 1963 inclusive. Prin-, proved cipal and interest Due & Bank, Chicago. Legality by Chapman & Cutler, Braun, ' La on April 5 $875,000 build¬ Dated April 1, 1951. R. the - - COLORADO payable (CST) p.m. bonds. Due ooo,v ■ at the the of Brown, County Treasurer's (office. ■ to dated are the Sale —The 1952 bids until 10:30 a.m. (PST) on April 10 for the purchase of $450,000 building bonds. Dated May 1, , 7,000 Sierra Madre City Sch. Dist. bonds. Dated Aug. 1, 1950. Due on Aug. 1 from 1952 to 1958 inclusive. / ' > > Bond County Clerk, will receive sealed $25,000 Lancaster Sch. Dist. bonds. Dated May 1, 1951. Due on May 1 from 1953 to 1971 •- Offering ing April 3 for the purchase of $65,- Bluff ton, California Bond 7:30 for the purchase of Chicago. ' Washington Union High Sch. Dist., Fresno County (P. O. Fresno), April 3 bonds. 1968 INDIANA Herrington, of San Fran¬ County Clerk, will receive sealed until 1952 cisco. Bond Offering—Harold J. Ostly, price of 100.15, a 2.67%, as follows: ° $10,000 2%s, due on May 1 from 1952 to 1960 inclusive; $6,000 2y2s, due on May 1 from 1961 to on Bond Offering — Lester E. An¬ drews, Secretary of Board of Di¬ rectors, will receive sealed bids H. (M-N) payable at the County Treasurer's office. Legality approved by Orrick, Dahlquist, & from approved of interest (P. O. Los Angeles), Calif. for the — at building bonds. Dated May 15, tric revenue Due on May 15 from 1952 March 27—v. 1974 inclusive. Principal and awarded to a Neff to Principal and interest (J-J) 1951, to school 1 bonds 1951. Sexton, 65,000 Downey Union High Sch. County Clerk, will receive sealed Dist. bonds, as 2j/4s, at a price bids until 10:30 a.m. (PST) on of 101.31, a basis of about April 9 for the purchase of $835,- and $37,000 2V2s, due on May 1 from 1962 to 1968, inclusive. 26,000 Kerman School District offered Council Bluffs Ind. Sch. Dist. la. 1967 1958 - 1961 $500,000 tem¬ notes Due from inclusive. $10,000,000 school bonds. 2,100,000 airport bonds. J school bonds. Savings Association, of maturing from 1962 to 1969 are Co., of Chicago, City Securities San Francisco, as the Bank of Corp., of Indianapolis, William America National 2V2s, at a price callable. Principal and interest Blair & Co., of Chicago, and Rafof 100.39, a basis of about 2.39%. rust & Savings Association, of payable at the City Treasurer's fensperger, Hughes & Co., of In¬ San Francisco, as follows; office. Legality approved Marin County Sch. Dists. by Tall(P. O. dianapolis, as 2V4s, at a price of San Rafael), Calif. madge & Tallmadge, of Denver. 45,000 Madison School District 100.89, a basis of about 2.18%. Bond Offering—George S. j-y bonds at a price of 100.131, a Jones, The bonds are dated March 1, net interest cost of about County Clerk, will receive sealed FLORIDA 1951. Due semi-annually on Janu¬ until 11 a.m. 2.471%, as follows; $4,000 bids (PST) on ary 1, 1952 to July 1, 1976. The Palm Beach, Fla. 2V2s, due on May 1 from 1954 April 2 for the purchase af $134,bonds maturing on and after Jan. Bond Offering—Hugh G. to 1957 inclusive; $4,000 2V4S, 000 bonds, as follows: Bruce, 1, 1956 are callable. Principal and Town Clerk, will receive sealed due on May 1 from 1958 to $21,000 Kentfield Sch. Dist. bonds. v. Sale —The Bond 2V2% Jan. on as Bank $88,000 Azusa City School District bonds, as 21As, at a price of 101.22, a basis of about 2.12%. 1 inclusive. pur¬ bonds, Jan. on sealed payable inclusive. Elementary Sch. Dist., Obispo County (P. O. San Luis Obispo), Calif. Bond Sale—The $77,000 school San to follows: CALIFORNIA Atascadero 1950. 1964 California of America National Trust & Sav¬ as group 1951. Legality approved by White, Bradley, Arant, All & Rose, of Birmingham. awarded Francisco Bond ings Association, of San Francisco, of Thornton, Mohr & Co., of Montgomery, Cumberland Securities Corp., of Nashville, and Hugo Marx & Co., of Birmingham, at a price of 98.73. Dated Jan. 1, 1116V-were Scin " bonds Elementary Sch. Dist., bids until 8 p.m. (CST) on McCord, Ice & April 6 Miller, of Indianapolis. County (P. O. for the purchase of $65,000 sewer¬ City), Calif. age revenue bonds. Dated Dec. 1, Indianapolis School City, Ind. Bond Sale—The $102,000 school on March 20—v. 173, p. $150,000 general obligation re¬ 2.08%. funding warrants was sold to the Addition Sale—The $75,000 LynEquitable Securities Corp., of wood Unified School Dist. bonds Nashville, as 2s and 2V4S, at a was purchased by William R. price of 100.156. Staats Co., of Los Angeles, as Phenix City, Ala. 2JAs, at a price of 100.14, a basis Bond Sale—An issue of $150,- of about 2.23%. ' 000 2%, series S public improve¬ Los Angeles County Sch. Dists. ment composed $29,000 building- Dated March 1,1951. Due on July 1 from 1952 to 1956 inclusive. Interest J-J. Legality approved by Ross, Mateo bonds offered 4 offered Sale—An issue of $68,000 Los fol¬ Angeles County Sch. Dists. (P. O. Los Angeles), Calif. by Helena, Ala. of as Bond Offering—Helen K. Waters, Village Clerk, will receive sealed of bonds. Redwood purchased Bank, Associates, and San $484,- Los White, Bradley, Arant, All & Rose, of Birmingham. | California of Legality approved by O'Melveny & Myers, of Los Angeles. ham. Dated March 1, 1951. Legal¬ ity issue was purchase 1051 2 Illinois for the purchase of $587,000 84,000 Calexico Union High Sch. school bonds. Dated Bond Sale—The issue of May 15, 195U District bonds, at a price of $300,Due on May 15 from 1952 to 1971 000 bonds was purchased by the 100.60, a net interest cost of inclusive. Principal and interest Mercantile'-Commerce Bank & about 2.85%, as follows: $64,payable at the 000 3s, due on May 1 from (M-N) County Trust Co., of St. Louis, and the Treasurer's office. Northern Trust Co., of 1953 to Legality ap¬ 1968 Chicago, inclusive, and proved by Orrick, Dahlquist, Neff jointly, as follows: $20,000 2%s, due on May 1 & Herrington, of San Francisco. from 1969 to 1973 inclusive. $66,000 2% school bonds. Due on 1951. 000 bonds Menlo Park the Glenview, III. 173, p. 1321—were $400,000 Brawley Union High Sch. & Co., of Los Angeles, at a net or trust company in the State as awarded to a syndicate composed District bonds, at a price of interest cost of about 1.83%. may hereafter be agreed upon be¬ of the Fletcher Trust Co., Ameri¬ tween the village and the 100.08, a net interest cost of pur¬ can National Bank, Indiana Na¬ Rodeo Sch. Dist., Contra Costa chaser. about 2.61%, as follows: Legality approved by tional Bank, and Merchants Na¬ $240,(P. O. Martinez), Calif. Chapman & 000 3s, due on May 1 from County tional Bank, all of Cutler, of Chicago. Indianapolis, at Bond Offering — W. T. 1952 to 1959 inclusive, and Paasch, 1V4%. $160,000 21/2s, due on May 1 County Clerk, will receive sealed Montgomery County Grade School Dist. No. 83 (P. O. bids until 11 a.m. (PST) on April from 1960 to 1965 inclusive. Litchfield), IOWA George M. 1 Warrant Sale—An issue of $75,- the lows: Wood & Co., of Montgomery, at a price of 100.076. Dated Feb. 1, ; ILLINOIS to 1968 able. Principal and interest (A-O) at the Garrard Bank & Co., Lancaster. Legality ap¬ proved by Wyatt, Grafton & Graf¬ ton, of Louisville. Somerset, Ky. Bond Sale The $600,000 gas > City, Ind. distribution system revenue bonds Offering—Ray C. Walters, Secretary of Pro Tern Board of offered on March 26—v. 173, p. The bonds are dated April 1, shall, Trimble & Mitchell, of New Trustees, will receive sealed bids 1322 were awarded to a syndi-., 1951. Principal and interest (A-O) York City. '» ! " ' ' ' until 7 p.m. (CST) on April 5 for cate -. San bonds. Anselmo Due 1952 to 1971 Sch. Dist. April 1 inclusive. from on at the Central Hanover Bank & Trust Co., New York City. Legal¬ ity approved by Caldwell, Mar¬ Hobart School — Bond — composed of Stein Bros. & ■ 54 Louisville, Chas. A. Shawmut Bank,-, of Boston, Legal¬ Seasongood & May¬ ity approved by Sullivan, Dono¬ Heenehan & Hanrahan, >of er, both of Cincinnati, W. L. Lyons van, & Co., of Louisville, Widmann & New York City. Boyce, of Hinsch & Co., Co., W. E. Hutton & Co., Walter, Woody & Heimerdinger, W. C. Thornburgh Co., and Nelson, Browning & Co., all of Cincin¬ price of 100.01, a net in¬ cost of about 3.60%, as fol¬ nati, at terest a lows: $118,000 31/js. Due on April 1 from 1952 to 1956 inclusive. 298,000 3y2s. Due 1957 to to April 1 from on 1966 inclusive. 184,000 33/4s. Due 1967 April 1 from on inclusive. 1971 Stoughton Housing Authority, Mass. Note Offering Board, 18 Tremont Street, Boston, until 11 a.m. (EST) on April 4 for the purchase of $306,000 tempo¬ loan, second series notes. Dated April 12, 1951. Due on May 1, 1952. Legality approved by Caldwell, Marshall, Trimble & Mitchell, of New York City. rary bonds 000 a basis of about 1.73%. Dated Principal payable at the Second 1, April and interest 1951. National Bank of Boston. Legality .approved by Storey, xnomuiKe, of Boston. & Dodge, Palmer Chelsea, Mass. City Clerk of St. Joseph, will re¬ ceive sealed bids at his office un¬ (EST) on April 16 for the purchase of $2,000,000 joint sewage disposal revenue bonds. Dated May 1, 1951. Due on July 1 til 8 p.m. from 1955 to 1981 inclusive. Bonds in and thereafter of July 1, 1960. 1975 callable are $500,000 Wagner, Offering—Ira D. Bond maturing Note Sale—The issue of Joseph (Cities of), Mich. by purchased was .Smith, Barney & Co., of New York City, as l%s, at a price of 100.12, as Principal and interest (J-J) pay¬ able at bank a or trust company loan notes was pur¬ chased by the National Shawmut designated by the purchaser. Le¬ Bank, of Boston, at 1.20%. Dated April 2, 1951. Due gality approved by Miller, Canfield, Paddock & Stone,' of Detroit. temporary on Town- Paris Nov. 8, 1951. Principal and inter¬ est payable at the National Shaw¬ Birmingham, Mich. mut Bank, of Boston. Legality ap¬ Bond Offering — Irene E. Hanproved by Storey, Thorndike, Pal¬ ley, City Clerk, will receive sealed mer & Dodge, of Boston. bids until 8 p.m. (EST) on April 9 for the purchase of $250,000 water Chelsea Housing Authority, Mass. supply system revenue, series B The $1,444,000 notes offered on bonds. Dated Feb. 1, 1951. Due on March 21—v. 173, p. 1218—were April 1 from 1954 to 1979 inclu¬ awarded to a group composed of sive. The bonds maturing in 1968 Phelps, Fenn & Co., R. W. Press- to 1979 are callable. Principal and Interest able. M-N. Legality ap¬ Fall River, Mass. awarded was on Detroit., March 22 to the National Shawmut of Boston, at Iron Note Shawmut Bank ity by 1951. approved Gray, Ropes, Best, Coolidge & Rugg, of Boston. Framingham, Mass. h Sale—The Bond bonds main were water $50,000 March offered 22 awarded to the Framingham Trust Co., of Framingham, as iy4s, at a price of 100.27, a basis of about 1.20%. Dated April 1, 1951. Due on April 1 from 1952 to 1961 inclu¬ sive. Principal and interest pay¬ able at the Second National Bank, of Boston. Legality approved by Storey, Thorndike, {Palmer & Dodge, of Boston. ; Marhlehead, Mass. Offering — Mrs. Marjorie Bond C. O. , payable Haines, Town Treasurer, receive sealed bids in will of the care Merchants National Bank, of Bos¬ Mountain, 212 bids sealed until 7:30 March 21 Kenower, on inclusive. terest Principal and in¬ payable at the Merchants Storey, Thorndike, Somerville, Bond Road, Dettman , Sale—The Note March $500,000 loan porary notes 1952 to 120,000 1961 Due l3/4s. on April 29—v. awarded to the 173, ty National Bank, 0.98%. Somerville p. 805—were Middlesex at Housing Authority, Massachusetts Note Offering—Charles G. Martignette, Chairman, will receive sealed bids at the office of the State Housing Board, 18 Tremont Street, Boston, until 11 a.m. (EST) on April 4 for the purchase of $2,700,000 temporary loan, third series notes. Dated April 12, 1951. May 1,1952. Prnicipal and interest payable at the National Due on awarded A. M. to tion 360,000 Hancock Bank, Gulfport. Legality approved by Charles & Trauernicht, of St. at Dated Dec. 1950. 1, Due interest County 2 - on (A-O) payable at the Treasurer's office or at (P. O. Trenton), Mich. — James L. Hale, the 'Z'C'A* 'A:. ' MISSOURI St. R-6 Dist. No. (P. O. Eureka), Mo. 1953 of $115,- bonds was I, M. Simon & Co., of St. 000 school improvement sold to 13/4s and 2s. Dated Feb. 1, 1951. Legality approved by Charles & Trauernicht, of St. Louis, as Louis. Secretary of Board of Education, receive sealed bids until 8 NEBRASKA p.m. to tion bonds. from 1953 to 1962 inclusive. fire on Jan. 1 from 1952 to 1971 inclu¬ on Jan. 1, 1962 and thereafter are callable. Principal and interest (J-J) pay¬ able at the County Treasurer's of¬ fice. Legality approved by Persh¬ ing, Bosworth, Dick & Dawson, of Denver. Grand Dist. Blanc 1956 to 1960 inclusive. Sch. (P. O. Grand Blanc), Mich. Township Unit Bond Sale—The $345,000 bonds offered March 28 on inclusive. 1955 59,000 2s. Due on April 15 from 1961 to 1966 inclusive. school — MINNESOTA v. Anoka County Com. Sch. Dist. No. 173, p. 1218 — were awarded to 47 (P. O. 715 Homewood Road, Stranahan, Harris & Co., Inc., of Minneapolis), Minn. Toledo, and the First of Michigan Bond Sale—The $35,000 building Corporation, of Detroit, jointly, bonds offered on March 16—v. 173, at a net interest cost of about 1009—were awarded,to the J. M. & Co., of Mirfneapolis, as 3.40s, at a price of 100.14, a basis p. 1.94%, as follows: $121,000 2i/4s. Due 1952 to Dain on June 1 from 1958 inclusive. 174,000 2s., Due on June 1 from , of about 3.38%. 25,000 l%s. Due on June 1, 1967. Ind. Sch. Dist. No. 1 (P. O. Hendrum), Minn. Bond Sale—The $120,000 build¬ 25,000 iy2s. Due on June 1, 1968. ing bonds offered on March 27— 1959 to 1966 inclusive. Norman County 1 May on 450,000 Bovine Disease Eradica¬ tion bonds. from 1953 Due May* 1 on inclusive. 1963 to 400,000 Bovine Disease Eradica¬ tion bonds. from 1953 to 1962 inclusive. Due May on 1 ' recreational facilities bonds. Due on May 1 from 100,000 : . 1953 to 1959 inclusive. ' ^ The bonds are dated May I, 1951* Principal and interest pay¬ able at the National Shawmut Bank, of Boston, but exchangeable / for fully registered bonds payable at the State Treasury., Legality approved by Storey, Thorndike, Palmer & Dodge, of Boston. J Plymouth Village Fire Dist., N. H. Bond Offering — John Gadd, Chairman until 2 p.m. the of receive (EST) Commis¬ sealed bids bonds offered p. * 1322 Harriman on — March were 28 — awarded v. to Ripley & Co., Inc., and Lyons & Shafto of Boston jointly, as l%s at a price of 100.75, a basis of about 1.66%. of $300,000 water April 1, 1951. Due April 1 from 1952 to 1972 in¬ clusive. Principal and interest purchase bonds. Dated on of NEW JERSEY Hopatcong, N. J. Bond Offering—Ellsworth Merrell, Borough Clerk, will receive sealed bids until 8:30 p.m. April on 6 the for $120,000 school bonds. 1, 1950. of Dated Dec. Due on Dec. 1 from 1951 inclusive. Principal and 1960 to (EST) purchase interest (J-D) payable at the Citi¬ zens National Bank, Netcong. Le¬ gality approved by Hawkins, Delafield & Wood, of New York City* Millburn Township Sch. Dist. (P. O. Millburn), N. J. * Bond Offering—Edward W.Skel- District ton, Clerk, will receive (EST) on April 11 for the purchase of $180,000 school bonds. Dated April 1, 1951.; Due on April 1 from 1953; sealed bids until 8 p.m. 1956 to inclusive. interest (A-O) First National Legality Principal payable at and the Bank, of Millburn.' by Hawkins, approved Delafield & Wood, of N. Y. City. Bond Offering—Lorma K. Flan- nery, Borough Clerk, will receive sealed bids until 8:30 p.m. (EST) 1966 to inclusive. Principal and (A-O) payable at the North Jersey National Bank of Pompton Lakes. Legality approved interest by Reed, Hoyt New York & City. South Washburn, ; of - Amboy, N.J. Bond Offering—Geo. A. Kress, City Treasurer, will receive sealed bids until 8 p.mj (EST) on April 4 for the purchase of '$31,000 re¬ bids funding until 11 a.m. (EST) on April 3 for the purchase of $500,- 000 1951. terest able or the Boston. First National Bank, Legality approved by Gray, Best, Coolidge & Rugg, of Boston. Ropes, . bonds. Due on Dated April 1, April 1 from 1952 to 1961 inclusive. temporary loan notes. Dated April 3, 1951. Due on Sept. 21, 1951. Principal and interest pay¬ at f Oakland, N. J. Manchester, N. H. Note Offering—James P. Bourne, City Treasurer, will receive sealed of • April 4 for on on April 11 for the purchase of $40,000 water bonds. Dated April l,v 1951. Due on April 1 from 1952 HAMPSHIRE Hillsborough Sch. Dist., N. H. Bond Sale—The $200,000 school 173, of. Board sioners,: will . sive. The bonds maturing 41,000 21/2s. Due on April 15 from to Due proved $25,000 3s. Due on April 15 from 1952 inclusive. 1963 Boston. Legality ap¬ Storey, * Thorndike, by Sale—An issue of $8,000 Palmer & Dodge, of Boston. ■ truck bonds was purchased Mullen, Neb. 7 / Bond NEW Stone, of Detroit. ; from 1 payable at the National Shawmut rJ — City. The bonds contain an ap¬ optional feature. Legality Conservation May on 100,000 Bovine Disease Eradica- * Bank • ceive Due ■ issue Sale—An Bond will (EST) on April 9 for the pur¬ Jackson), Mich. chase of $101,000 tax anticipation Offering—Delton H. Con¬ notes. Dated May 1, 1951. Due on on . County Reorganized Sch. Louis bonds. Due Forest bonds Clerk building bonds. Dated Dec. on Dec. 1 from 1951 1975 inclusive. Principal, and Building clusive. Co., of Memphis, and payable j May 1 from 1954 to 1963 in¬ — Coun¬ of Everett, $220,000 bonds 20—v. 173, p. Louis. April 1 from 1952 to 1966 inclu¬ sive. The bonds maturing in 1962 to 1966 are callable. Principal and f Employee's Retirement ; System bonds. Due on May 1 | Offering—Cooper J. Dar¬ interest , improvement : May 1 from pi on 616,000 1950. Due to 1 from 1962 to 1966 inclusive. Due 400,000 Industrial School Educa- ; by the Central Republic Co., of Secretary of the Board of May 1, 1952. Principal and interest Omaha, at a price of 100.31, a Education, will receive sealed bids payable at the Peoples State Bank, basis of about 3.04%. Dated April until 8 p.m. (EST) on April 4 for Trenton. 1, 1951. Due April 1, 1971; optional the purchase of $355,000 school Royal Oak, Mich. ■' April 1, 1956. The bonds bear bonds. Dated March 1, 1951. Due Bond Offering—Gladys Holmes, 3V4% interest to the call date, on May 1 from 1952 to 1968 inclu¬ City Clerk, will receive sealed and 3% thereafter.. sive. Bonds maturing in 1960 and bids until 8 p.m. (EST) on April thereafter are callable as of May Uehling, Neb. 9 for the purchase of $305,000 City Bond Sale The $44,000 sewer 1, 1955. Principal and < interest Hall bonds. Dated March 1, 1951. (M-N) payable at the Jackson Due on Dec, 1 from 1951 to 1975 bonds offered on March 13—v. 173, City Bank & Trust Co., Jackson. inclusive. Principal and interest p. 907—were awarded to the Wachob - Bender Legality approved by Berry, Corporation of (J-D) payable at the Detroit Trust Stevens, Barbier, Evely & MacCo., Detroit. Legality approved by Omaha, as 33/4s, at par. Farlane, of Detroit. Berry, Stevens, Barbier, Evely & NEVADA MacFarlen, of Detroit. Coleman, Mich. Elko County (P. O. Elko), Nev. Walker Township Sch. Dist. No. 14 Bonds Not Sold The $90,000 Bond Offering — R. L. Kane, (P. O. Grand Rapids), Mich. water bonds offered on March 15 Clerk of Board of County Com¬ Bond Sale—The issue of $60,000 —v. 173, p. 1117—were not sold. missioners, will receive sealed building bonds was purchased by bids until 2:30 p.m. (PST) on Paine, Webber, Jackson & Curtis, Detroit, Mich. April 6 for the purchase of $175,of Chicago,1 as 2V2s, at a price of Bond Offering—John H. Wither000 County High School Building 100.23 a basis'of about 2.47%. bonds. Dated Jan. 1, 1951. Due spoon, City Controller, will re¬ tem¬ on 1218—were 1, inclusive. from 1 1954 to 1963 inclusive. , don, dock & offered bonds. school $180,000 2s. Due on April 1 from j capital 1,299,000 of Board of County will. receive sealed bids until 11 a.m. (CST) on April 2 for the purchase of $100,000 ard, Inc., of Chicago, at a price of 100.42, a net interest cost of 1.80%, as follows: proved by Miller, Canfield, Pad¬ Mass. March on Saunders & by, about . May on 1963 inclusive. 1954 to Supervisors, troit, and Burns, Corbett & Pick- Dodge, of Boston. May 1, May 1 from 1952 to Sale—The offered Bond MacArthur & Co., De¬ improvement Due bonds. from 1952 to 1963 inclusive. Bond Ripley & Co., Inc., Chicago, man capital 1,875,000 Clarksdale, Miss. awarded to Harri- were Palmer & Due Dated callable. » | $700,000 toll road bonds. Due on May 1 from 1952 to 1976 incl. i and 1975 { 1, 1 j bonds as purchase of $12,600,000 Associates, at a net interest cost 1951. Principal and interest of about 2.28%, as follows: payable at such place as may be $145,000 industrial bonds. agreed upon with the purchaser. 75,000 industrial bonds. Manistee County (P. O. Manistee), Harrison County, Fern wood Rural Michigan (P. O. GulfBond Sale—The $300,000 court Separate Sch. Dist. port), Miss. house and jail / bonds offered York 1971 bonds. are p.m. by 1951. 1950 April Hamphire (State of) Offering—Remick Laigh- follows: inclusive. The bonds on Monday, April 2, 1951 a.m. 15, No. Leoni South ury, 11 1981 to will re¬ approved of of MISSISSIPPI National Bank, of Boston. Legality act 1954 Mich. sealed bids until 10 a.m. Walker Township Graded School Dist. No. 11 (P. O. R. R. Grand (EST) on April 3 for the purchase of $986,000 series R, public utility Rapids), Mich. street railway refunding bonds. ^ Bond Sale—The $125,000 build¬ Dated April 1, 1951. Due on April ing bonds offered on March 22—v. 1 from 1957 to 1963 inclusive. 173, p. 1218 — were awarded to Principal and interest (A-O) pay¬ Shannon & Co., of Detroit, at a able at the City's current official price of 100.06 a net interest cost bank in Detroit, Chicago or New of about 2.18% as follows: ton, 28 State Street, Boston, until 11 a.m. (EST) on April 3 for the purchase of $360,000 hospital loan, cost . . Commissioner of the Treas¬ will receive sealed bids until (EST) on April 24 for the ton, 2Vfes as interest net a Note Offering and Townships Fractional Sch. Dist. No. 16 (P. 1.11% discount. 22, 1951. Due on Principal and in¬ at the National of Boston. Legal¬ 15, terest Associates and 2%s Offering—Jos. A. Michela, (CST) on April 3 for the purchase of $56,000 tax anticipation notes. Dated April 1, 1951. Due on Aug. A A- Blachman March Dated Nov. Bank, and Bond - about 2.68%. thereafter proved by Wood, King & Dawson, City. of New York the interest (A-O) Sale—An issue of $1,000,- Note 000 notes neapolis, . New 1322—were awarded to Co., of Min¬ p. the Allison-Williams maturing Manistep County Savings payable at the Bir¬ & Co., all of New York City, at mingham National Bank, Birming¬ Bank, Manistee. Legality approved ham. Legality approved by Miller, by Chapman & Cutler, of Chicago. 1.0199%. Canfield, Paddock &Stone, of Monguagon Township Sch. Dist. prich & Co., and Eastman, Dillon 173, v. Chamberlain, Secretary of Board Renville County Ind. Con. School Education, will receive sealed Dist. No. 63 (P. O. Hector), Minn. bids until 7:30 p.m. (EST) on Bond Offering — The District April 11 for the purchase of $850,Clerk will receive sealed bids un¬ 000 building and site bonds. Dated til April 12 for the purchase of May 1, 1951. Due on May 1 from building bonds. Dated 1952 to 1966 inclusive. The bonds $930,000 maturing in 1956 to 1966 are call¬ April 1, 1951. Due on April 1 from ceive Benton Harbor and St. of $286,- issue and Rapids Frac. Graded School Dist. No. 3 (P. O. 2018 Wealthy Street, Southeast, Grand Rapids), Mich. Bond Offering — Marjorie M. Chief Accounting Officer, MICHIGAN Ashby, Mass. Sale—The Leo P. Kelley, — Grand ships of Chairman, will receive sealed bids at the office of the State Housing MASSACHUSETTS Bond ironicle The Commercial and Financial (1422) Principal and in4 (A-O) payable at the First National Bank South Amboy, Amboy Trust Co. Legality approved by Caldwell, ; Marshall, Trimble & Mitchell, of i New York City. at the South of Volume 173 Number 4999 ... The Commercial and Financial Chronicle City, N. Y. $40,000,000 1V4% tax anticipation notes bonds 173, p. 1118—were awarded to Bo- was apportioned among various City banks. Dated land, Saffin & Co., of New York New York City, as 2.60s, at a price of 100.29, March 26, 1951 and due on May 1, 1951. a basis of about 2.57%. Note Sale—An issue of Bond Sale—The Bond York New Branch Sch. Dist., N.J. $179,000 school offered on March 20—v. '.West Long (1423) Offering—Ray Martin, Di¬ rector of Finance, j ; boom (P. Roswell, N. Mex. . Offering—Brad Bond L. Central Valley and Rose' Sch. Dist. O. Sharon Springs), 1 Y. N. H. Vroo- Bond Offering—Percy Hays, No. man, District Clerk, will sealed bids until 3:30 p.m. receive receive sealed (EST) (MST) on on April 11 for the purchase of April 13 for the purchase of $50,"000 public library bonds. Dated $135,000 building addition-1950 bonds. Dated Nov. 1, 1950. Due on May 1, 1951. Due on May 1 from 1952 to 1961 inclusive. Principal Nov. 1 from 1951 to 1980 inclu¬ sive. Principal and interest 'and interest (M-N) payable at the (M-N) payable at the First Na¬ City Treasurer's office, or at the tional Bank of Canajoharie, in First National Bank, Roswell. Le¬ Sharon Springs. Legality- ap¬ gality approved by Pershing, BosSykes, worth, Dick & Dawson, of Denver. proved by Vandewater, Heckler & Galloway, of New "City bids Clerk, until will 7:30 p.m. York NEW YORK * bids until Bond Offering — J. Ray Mc¬ Laughlin, Village Clerk, will re¬ burgh), N. Y. Bond Offering—C. M. Morhous, County Treasurer, will receive sealed bids until 2 p.m. (EST) on April 6 for the purchase of $500,,000 County bonds. ^Dated March 1, 1951. Due on March 1 from 41952 to 1955 inclusive. Principal and interest (M-S) payable at the 'Merchants National Bank, Plattsburgh.^ Legality approved by Reed, Hoyt & Washburn, of New York City. \ ceive sealed bids until 3:30 p.m. (EST) on April 3 for the purchase of $57,500 water-1951 bonds. Dated April 15, 1951. Due on April 15 from 1952 to 1966 inclusive. Prin¬ Sch. Dist. (P. O. Bond Conesville Local School District Board of bids Education until will Local noon (EST) on Education, will from 1952 to inclusive. 1967 In¬ terest A-O. Bond Sale — The $55,000 fire apparatus bonds offered March 16 173, p. 1011—were to J. A. White & - Co., of Cincin¬ nati, Loudonville Exempted Village Sch. Dist., Ohio Bond Sale—The : $750,000 build¬ ing bonds offered on March 29— 173, p. 1219—were awarded to v. a as lV2s, at a price basis of about 1.46%. Sullivan Local awarded Sch. of 100.13, Dist., . , ' - • i. school construction bonds. (EST) on April 3 for the purchase $160,000 sewer-1951, series H $10,000 2%s. Due on April 1 from North Olmsted, Ohio 1954 to 1958 inclusive. bonds.. Dated April 1, 1951. Due Bond Sale—The $11,900 special on April 1 from 1952 to 1966 in¬ 23,500 5V2s. Due on April 1 from assessment bonds offered on March clusive. ; .1959 to 1967 inclusive. Principal and interest 5—v. 173, p. 806—were awarded (A-O) payable at the Meadow56,500 3s. Due on April 1 from to Roose & Co., of Toledo, as 2%s, ■> 1968 to 1981 inclusive. brook National Bank, Freeport. at a price of 100.71, a basis of ; Legality approved by Vandewater, 10,000 2 %s. Due on April 1 in about 2.60%. ; I 1982 and 1983. Sykes, Heckler & Galloway, of Ohio (State of) : New York City. ; ; NORTH DAKOTA Bond Offering — L. D. Shuter, Hempstead, Bellmore Fire Dist. Executive Dickinson, N. D. Secretary of S t ate {P. O. Bellmore), N. Y. Warrants Not Sold Bids for Teachers Retirement System, will Bond Sale —^ The $36,000 fire- the $530,000 refunding improve¬ receive sealed bids until 11:30 a.m. 1951 bonds offered on March 28— ment warrants offered on March (EST) on April 4 for the purchase v. 173, p. 1323—were awarded to 5—v. 173, p. 1010—were rejected. of $1,257,000 Ohio Municipal bonds, Roosevelt & Cross, and Tilney & as follows: OHIO Co., both of New York City, joint¬ $323,000 block No. 1—Cleveland, Arcadia Local Sch. Dist., Ohio ly, as 2.40s, at a price of 100.25, a water works extension, first basis of about 2.35%. Bond Sale—The $240,000 build¬ mortgage revenue bonds. ing bonds offered on March 28— Indian Lake (P.' O. Indian Lake), : Dated July 1,1948. Due Aug. 1 v. 173, p. 1323—were awarded to New York frpm 1967 to 1972 inclusive. Braun, Bosworth & Co., Inc., as The bonds maturing on Aug. Bond Offering — Ernest Hut2s, at a price of 100.06, a basis of chins, Town Supervisor, will re¬ 1, 1958, or any interest date about 1.99%. ' '■ - ' ty,; • • ceive sealed bids dntil 3:30 p.m. thereafter are callable. v . . (CST) April 4 for the pur¬ chase of $44,500 bonds, including $40,000 repair and equipment and $4,500 transportation equipment PENNSYLVANIA Cambria Bond (EST) on April 6 for the purchase $44,000 park and playground-* Cincinnati City Sch. Dist., Ohio Bond Offering — Wm. Mieten- bonds. Dated March 1, 1951. koetter, Jr., Clerk-Treasurer of Board of Education, will receive Principal and interest sealed bids until 2 p.m. (EST) on (M-S) payable at the Hamilton April 23 for the purchase of $3,County National Bank, Wells. 500,000 building bonds. Dated June Legality approved by Vandewater, 1, 1951. Due on Sept. 1 from 1952 Sykes, Heckler & Galloway- of to 1975 inclusive. Principal and New York City. interest (M-S)-payable at the Irv¬ ing Trust Co., New York City. > Islip and Smithtown Ujtion Free Sch. Dist. No. -6,> (P± O/HaupCleveland Heights City Sch. Dist., Ohio pauge), N. Y. Bond Sale—The $575,000 buildBond Offering —H. D. SeCrest, ing-1951 bonds offered on March Clerk-Treasurer of Board of Edu¬ 29—v* 173, p. 1323—were awarded cation, will "receive sealed bids Due on March 1 from 1952 to 1960 inclusive. to syndicate composed .of Roose¬ until noon (EST) on April 20 for & Cross, Francis I. duPont the purchase of $2,985,000 bonds, & Co., and Tilney & Co., all of as follows; a velt New York of 100.83, City, as 2^s, at a price $2,750,000 sites, building and im¬ basis of about 2.43%, provement, issue 1951, series . supply 28—v. Due The $419,000 re¬ bonds offered on March funding New Paltjz, N. Y. _ Sale—The $150,000 water bonds 173, p. offered on ~ March 1219—were award¬ ed to> Roosevelt on Nov. 1 on w Jones. 28—v. a sey, 173, p. 1220—were awarded syndicate composed of HalStuart &; Co., DeHaven & Townsend, Crouter & Bodine, of Philadelphia, and Fauset, Steele & Co., of Pittsburgh, as l%s, at a price of 100.11, a basis of about 1.60%. Bond Philadelphia, Derry Township Sch. Dist, (P. O. Latrobe, R. D. No. 2), Pa. Bond Sale—The issue of $85;000 general obligation bonds was pur¬ chased by Moore, Leonard & Lynch, and Fauset, Steele & Co., both of Pittsburgh, jointly, as 2V2s, at a price of 101.17, a basis of about 2.37%. Dated April 1, 1951. Due on April 1 from 1952 to 1968 inclusive. Legality approved by Burgwin, Churchill, Ruffin & Hazlett, of Pittsburgh. Erie School District, Pa. Bond 1 Lewistown, Pa.* Coos County Sch. Dist. No. 91-C (P. O. Charleston), Ore. — The $9,100 school March bonds 26—v. 173, awarded to the mission on 1220—were State Bond Com¬ 21/2s, as offered p. at price a of 100.25. Bond Reading, Bond Ohio $200,000 bonds March 24—v. 172, p. Sale—The - Horace Manager, until 8 B. will p.m. April 10 for the pur¬ $100,000 improvement bonds. Dated April 15, 1951. Due chase on on of Oct. 15 from 1952 to 1966 inclu¬ sive. Legality approved by Townsend Elliott & Munson, of Phila¬ New City Re¬ til 5 Kensington Sch. Dist., Pa• Bond Offering—Veronica Mazur, p.m. 1951. school 1951. warrants. Due Dated April 1. on . Cross, of New 1966 inclusive. $100,000 City Hall bonds, as 1%S, the Manufactur¬ a basis of about The bonds are, dated June lr 1.72%. Co., of Buf¬ 1951. Principal and interest (J-D) 100,000 -street and bridge bonds, 240s, at a price of payable at the legal depository of as lM>s, a basis of about of Education. — bids delphia. Echo, Orn-. Offering — The April 1 from 1952 to No. 44 bonds. Due on Dec. 1 1955 inclusive. Principal and in¬ offered on from 1952 to 1971 inclusive. terest (A-O) payable at the Coun¬ 1119—were awarded to the Prov¬ 235,000 school library, second is-* ty Treasurer's office. ident Savings Bank & Trust Co., sue 1951, series No. 45. bonds. Multnomah County, Sylvan Water Due on Dec. 1 from 1952 to of Cincinnati, as follows: the Board (EST) Borough sealed receive corder will receive sealed bids un¬ & Gulden, Bond Sale construction -Offering Pennsylvania State Highway and 120,000 block No. 3 —Franklin Lane County, McKenzie Highway Bridge Authority (P. O. HarrisCounty, Detention Home Water Dist. (P. O. SI 12 McKenzie burg), Pa. Building, unlimited tax, 3% Highway, Springfield), Ore. Bond Offering—Ray F. Smock, bonds. Dated Oct. 15, 1938. Bond Sale—The issue of $357,Due semi-annually on March Secretary of the Authority, will re¬ 000 water general obligation bonds ceive sealed bids and Sept, 1 from 1954 to 1963 until noon (EST) was purchased by Widmann & April 11 for the purchase of $25,inclusive. Co., of Cincinnati, as 3V2s. 000,000 series of 1950, highway 294,000 block No. 4 — Franklin Count y, various, unlimited Linn County Sch. Dist. No. 4 (P. and bridge bonds. Dated May 15, 1951. Due serially on Dec, 15 from tax, 2V2 % bonds. Dated March O. Rt. 3, Box,111-B, Lebanon), 1954 to 1962 inclusive. Callable on 1, 1948. Due semi-annually on Oreoon March and Sept. 1 from 1968 Warrant Offering — Ellamae or after Dec. 15, 1952. Bidder to to 1972 inclusive. Lenox, District Clerk, will receive name a price of not less than 98 V2. Legality approved by Sqifire, sealed bids until 8 p.m. (PST) on Principal and interest (J-D) pay¬ at the Girard Trust Co., Sanders & Dempsey, of Cleveland. April 4 for the purchase of $8,000 able and Traders Trust falo, jointly, as 100.80, a basis of about 2.34%. Bond * OREGON Dist. (P. O. York. City,, and ers — District Secretary, will receive (PST) on April 11 for sealed bids until 7:30 p.m. (EST) the purchase of $15,000 water dis¬ on April 9 for the purchase of from 1964 to tribution bonds. Dated May 1, $125,000 general obligation bonds. 1973 inclusive. a - Bond 520,000 block No. 2—Columbus, various, unlimited tax, 2%% bonds. Dated March 16, 1948. County (P. O. Ebensburg), Pa. Sale Offering — A. P. Logan, Secretary of Board of School Directors, will receive sealed t>ids until 8 p.m. (EST) on April 11 issues. for the purchase of $700,000 im¬ provement bonds. Dated May 1, Stephens County Ind. Sch. Dist. 1951. Due on May 1 from 1952 to No. IS (P. O. Velma), Okla. 1965 inclusive. Legality approved Bond Sale—The $31,000 building bonds offered on March 20—v. 173, by Townsend, Elliott & Munson, of Philadelphia. p. 1220—were awarded to J. E. • 1951 March 5 par. receive sealed bids until 7:30 p.m. . of on 173, p. 1011—were awarded to the Douglas County State Bank of Roseburg, as 2Y4S and 2s, at —v. — , $165,000 storm offered Offering — Chester E. ing bonds offered March 22—v. Rogers, Secretary of the Author¬ 173, p. 1219—were awarded to ity, will receive sealed bids until noon (EST) on April 4 for the Fahey, Clark & Co., of Cleveland, purchase of $1,700,000 sewer reveas 2V4S, at a price of 101.28, a nue-1951 bonds. Dated April 1, basis of about 2.13%. 1951. Due oh April 1 from 1956 to Vienna Township Local Sch. Dist. 1986. inclusive. The bonds are call¬ (P. O. Brookfield), Ohio able. Principal and interest (A-O) : Bond Sale—The issue of $75,000 payable at the Easton Trust Co., building bonds was purchased by Easton. Legality approved by Hayden, Miller & Co., of Cleve¬ Townsend, Elliott & Munson, of . 4 United City of Easton Authority, Pa. Ohio Bond Sale—The $144,000 build¬ ■ of Sale—The bonds sewer to Sidney, Ohio —v. Bond Sch. Dist., Ohio Offering—R. R. Howard, receive , / the 1957 to 1962 inclusive. receive sealed (P. O. Coshocton), Ohio bids until noon Bond Sale—The $200,000 build¬ (EST) on April 16 for the pur¬ ing, unlimited tax bonds offered chase of $144,000 improvement on March 20—v. 173, p. 1118— bonds. Dated April 1, 1951. Due were awarded to Ryan, Suther¬ on Oct. 1 from 1952 to 1975 inclu¬ land & Co., of Toledo, as 21/2s, at a sive. Principal and interest (A-O) price of 100.89, a basis of about payable at the' Shiloh Savings 241%. Bank Co., Shiloh, Legality ap¬ proved Dalton Local Sch. Dist., Ohio by Squire, Sanders & Bond Offering —The-Clerk of Dempsey, of Cleveland. 4 follows: to Bank, of follows: basis of about a Clerk of Board of Skaneateles. . National Roseburg, Ore, Shiloh itory in Cleveland. at the National Bank & Trust , States 2,65%. (A-O) payable a syndicate composed of Fahey, Co., Clark & Co., Field, Richards & Legality approved Co., both of Cleveland, First of by Hawkins, Delafield & Wood, of Michigan Corp. of Detroit, Doll & New York City. • ^ Isphording, Inc., Weil, Roth & Irving Co., and Provident Sav¬ Whitesboro, N. Y. , Bond Sale — The $23,000 fire ings Bank & Trust Co., all of Colonie Cent. Sch. Dist. No. 1 equipment bonds offered March Cincinnati, as 2V4S, at a price of (P. O. 1203 Central Avenue, 22—v. 173, p. 1219—were awarded 100.55, a basis of about 2.19%. Albany), N. Y. land. to the Mohawk Valley Co., of Mount Healthy Exempted Village Bond Sale—The $660,000 schoolUtica, as l%s, at a price of 100.05, School District, Ohio ,1951 bonds, offered on March 28—r OKLAHOMA a bafeis of about 1.73 %. Bond Sale—The $160,000 build¬ 'V. 173, p. 1323—were awarded to -a ing bonds offered on March 22— Holdenville, Okla. syndicate composed of Blair, v NORTH CAROLINA Bond Offering — John Kirk, v. Rollins & Co., Inc., Manufacturers 173, p. 1118—were awarded to Dobson, N. C. Doll & Isphording, Inc., of Cin¬ City Clerk, will receive sealed & Traders Trust Co., of Buffalo, Bond Sale—The $100,000 water cinnati, as 2Y4S, at a price of 102.- bids until 7:30 p.m. (CST) on Roosevplt*> & Cross, and Bacon, system bonds offered on March 20 "Stevenson & Co., both of; New April 3 for the purchase of $300,10, a basis of about 2.05%. —v. 173, p. 1219—were awarded to 000 airport bonds. Due from 1954 York City, as 2.20s, at a price of a syndicate composed of J. Lee New Philadelphia City Sch. Dist., to 1973 inclusive. 100.38, a basis of about 2.15%. Peeler & Co., of, Durham; Vance Phio \^ Free port, N.,Y. Securities Corp., of Greensboro, Bond Offering — The Clerk of Ottawa County Independent School • Bond Offering—Lillian Steffens, and Lloyd E. Canady & Co., of Board of Education will receive Dist. No. IS (P. O. Picker), Okla. Bond Offering—Ray E. Harrell, Deputy. - Village > Treasurer, will Raleigh,-at a price of 100.12, a net sealed bids until April 17 for the will receive sealed bids until 2 p.m. interest cost of about 3.32%, as purchase of $640,000 elementary Superintendent of Schools, cipal and interest awarded were S, Coshocton), Ohio Sale—The $40,000 build¬ (J-D) payable at the price of 101.15, April 17 for the purchase of $48,000 building bonds. Due on Oct. 1 Skaneateles, N. Y. County (P. O. Platts- Clinton > Local Route Bond noon office of the Director of Finance, or at the office of the legal depos¬ sealed City. • Roscoe receive Port¬ (EST) on land, at par, as April J2 for the purchase of $700,- ing, unlimited tax bonds offered $25,000 l%s. Due on July 1 from.* 000, sewer, series B bonds. Dated on March 20—v. 173, p. 1324— 1952 to 1956 inclusive. May 1, 1951. Due on Dec. 1 from were awarded to J. A. White & 30,000 2s. Due on July 1 from 1952 to 1965 inclusive. Principal Co., -of Cincinnati, as 23/4s, at a sealed and interest Sharon, Cherry NEW MEXICO will 55 1.47%. Avenue, Bond general on Sale 1649 S. W. 58th Portland). Ore. — The $55 000 water obligation March 15—v. bonds 173, p. Philadelphia, the Authority's fis¬ cal agent, or at holder's option, at the agency of the Authority in New YOrk City. Legality approved by Morgan, Lewis & Bockius, of Philadelphia. South Strabane Township School Dist. (P. O. 501 Locust Avenue, Washington ). Pa. Gaul, 1119— Sec. of Board of School Directors, offered Bond Offering—Edwin J. S6 (1424) The Commercial and Financial Chronicle will receive sealed bids until 8 p.m. , (EST) April 2 for the purchase of $160,000 building and equip¬ ment bonds, Dated May 1, 1951. Due on May 1 from 1952 to 1981 inclusive. Principal and interest (M-N) payable at the Peoples National Bank, of Washington. Legality approved by Burgwin, Churchill, Ruffin & Hazlett, of Pittsburgh. > Beckville Independent t RHODE Superintendent Offering — Dated March March 1 from bonds Sale—The issue of $150,- general obligation purchased by the Rob¬ sewer was inson-Humphrey Co., of Atlanta, as 2.10s, at par. Dated May 1, 1951. Due on May 1 from 1953 to 1960 inclusive. Legality approved by Huger Sinkler, of Charleston. .X;:A| Alvin Ind. School District, Texas Bond Offering Secretary of — Board Max Vogan, of Trustees, will receive sealed bids until 7:30 Gibson, Sabine Ind. First Southwest 3V2s and Dated 4s, at was Bond 15, 1951. Legality ap¬ by, Dumas, Huguenin & Boothman, of Dallas;/ y '7: general was of to 1971 San $203- approved of Linden 10 bonds Texas, jointly, as 3s, at a price received until April 3 for the purchase of $94,529,000 temporary loan notes, of the folio win agen¬ cies:'- ■ ^ • 1,184,000 Bayonne, N. 1951. • on 1951. 290,000 Brownwood, Texas. Dated May 1, 1951, Due on Nov. 9, ■ ;; r; v 352,000 Burlington, N. J. Dated May 1, 1951. Due on Nov. 9, N0VtOtT 1951. 1951 EDITION OF "SECURITY DEALERS OF NORTH AMERICA" on Nov. 9, 1951. 1 980,000 Holyoke, Mass. Dated May 1, 1951. Due on Nov. 9, issue. Principal payable at (A-O) on Preston $32,000 A 13 general bonds. Due for the until $400,000 10 a.m. the 17 for pur¬ D, non¬ series taxablehighway improvement 1, Dated Not May 1951. Due (P. O. 4348 Sold—No bids were $340,000 build¬ Interest A-O. 7 Legality Lines, Spooner & Quarles, of Milwaukee. approved (PST) 15, bids April on sive. (P. O. purchase April g—Esther M. Dated April 1, 1951. Due on April 1 from 1952 to 1971 inclu¬ City , by Manitowoc, Wis. Offering — Arthur Bond of obligation, series Dated n ing improvement bonds. Clerk, wlil receive Post, sealed bids until 3 p.m. (CST) on April 25 for the purchase of $650,000 sehool 1951. April on ri submitted for the Washougal Con. sealed bids until 2:30 p.m. April sealed of Bonds Vancouver), Wash. Offering — Eva Burgett, County Treasurer, will receive on e Wisconsin Thorgrimson 112 d .O f f on South Griffin Street, Milwaukee 7), Bond building 1951. 1971 bonds. Due on Dated May 1, May 1 from 1952 to inclusive. Principal and in¬ terest (M-N) payable at the Treasurer's office/ Legality City , Bond Point, Wis. Sale—The $150,000 water Bond Sale—The $112,000 sewage refunding bonds offered on March 19—v. 173, p. 1220—were awarded to Mullaney, Wells & Co., of Chicago, as at a price of 101.53, a basis of about 2.07%. revenue, second lien bonds offered on ^ March 20—v. 173, p. 1220— awarded were to McLean of Tacoma. & system Co., v, . County, Sultan Union High Sch. Dist. No. 112 (P. O. Additional Sale —The $47,500 High School Completion-1951 bonds were purchased by Robert W. Baird & Co., of Mil¬ 28—v. 173, p. 1324—were awarded waukee, as 2s, at a price of 97.00, to the First National Bank, of a basis of about 2.25%. ,: Everett), Wash. * Sale—The $69,000 general obligation bonds offered on March P. J. Jacobs Bond United States Savings Bonds Issued and February 28,1951 Redeemed Through ; (Dollar amounts in millions—rounded and will not necessarily add to totals) < *"" v "" ' "' , \ , ;: v. . - Ar1935 to D-1941 (matured) Series D-1941-__^__;7-__^__ Total Series A-D ' Redeemed ' 1 • Series tAmount Issued U'-V - -t "• • tAmount - 227,000 Mesa, Ariz. Dated May 1, '■■» 1951. Due on Nov. 9, 1951, 313,000 Mississippi Regional - " <■ 148. $5,001 « v Outstdg. " ■ $4,854 *• s $4,490 7 43 - $364 v 7. 7 Aant. Issued ' 7.50 $4,533 104 70.27 $468 - 9.36 .67.16 Series E: Series Series America's only COMPLETE directory of stock and bond houses in the United States and Canada is now ready for your Entirely revised from daily business cover to use. cover—containing 6,000 important changes in data—indispen¬ sable to anyone in the investment field. over Due on limp fabrikoid — ENTER YOUR ORDER TODAY New York City 33rd series and $16,743,000 34th se¬ ries. Dated May 1, 1951. Due on Nov. 9, 1951. 2,810,000 Paterson, N, J. Dated May 1, 1951. Due on Nov. 9, REctor 2-9570 May Amboy, 1, 1951. N. . 44.23 Series E-1945 5.678 4,649 45.02 53.68 Series E-1946 4,534 Series 2,144 2,390 52.71 E-1947 4,191 1,690 Series E-1948 2,500 .59.65 4,285 Series ; 2,763 64.48 2,924 69.45 2,972 81.47 348 100.00 E-1949 4,210 Series E-1950 1,522 1,286 3,648 675 Series E-1951 348 A Total Series E $65,202 $30,489 $34,712 53.24 Series A-E— $70,203 $35,023 $35,180 50.11 $1,552 $337 $1,214 78.22 Series P and G: Series F and G-1941 F and G-1942 3,241 823 2,417 Series F and G-1943 3,415 921 2,494 73.03 Series F and G-1944 3.750 852 2.898 77.28 Series F and G-1945 3,182 613 2,569 80.74 2,472 82.15 Series 74.58 2,032,000 9 and G-1946 and G-1947 2,598 401 2,197 Series and G-1948 3,042 224 2,818 92.64 and G-1949 1,672 113 1,560 93.30 F and G-1950 2,346 26 2,321 98.93 and G-1951 200 200 100.00 $23,160 82.69 F Series F Series 3,009 537 on St. Dated F Series F Jl. Due Nov. 30, 1951. Nov 46.18 S.895 13,327 10,327 Series F Perth Dated New York 7, N. Y. 5,319 Series 1951. 25 Park Place 1,096 3,855 Total 1951. 2,682,000 HERBERT D. SEIBERT & CO., INC. 537 3,327 6,109 7,431 11,518 Nov. 30, 1951. 12,700,000 Newark, N. J. Dated May 1, 1951. Due on Nov. 30, 12,297,000 Bound in durable Nov. 9, 1951. '* 523,000 Montgomery County, Pa. Dated May 1, 1951. Due on Nov. 9, 1951. 5,628,000 National Capital Hous¬ ing Authority. (Washington, D. C.). Dated May 1, 1951. on 1,632 7,182 E-1943 Series E-1944 • 1951. Due E-1941 Series E-1942 Clair County, 111. May 1, 1951. Due on 1951 313,000 Upland,'Calif. Dated May 1, 1951. Due on Nov. 9, 1951. Total Series F and G $28,007 Unclassified sales and redemptionsAll Series—Total matured Total unmatured Grand ♦Less total than $500,000. $4,847 $123 $330 4,854 „ 84.57 —$207 4,490 364 7.50 93,479 35,710 57,769 61.80 $98,333 $40,200 $58,133 59.12 > tliicludes accrued discount. I Percent'; iAmountOutstdg. of - Housing Authority, No. 1,13th series, and $100,000 14th series. Dated May 1,1951. Due on May 9, 1952. 537,000 Moline, 111. Dated May 1, ap¬ ton, Thorgrimson & Horowitz, of proved by Chapman & Cutler, of Seattle. Chicago. Kennewick, Wash. Stevens Series A-D: ' Nov. 9, 1951.- LaCrosse), Dumke,; CTQhrity' Cierk,* Will'.:re¬ Lake Sch. Dist. No. 5 the County Legality ap¬ County, 1951. Louisville, Ky., 14th and $3,725,000 15th series. Dated May 1 1951. Due General of the State. LaCrosse County (P. O. interest and School District No. 1951. - interest from date office. by 2,087,000 Houston, Texas. Dated May 1, 1951. Due on Nov. 30, 2,930,000 series, Le¬ Legality approved by Chapman & Cutler, of Chicago. Snohomish 4,724,000 Chester, Pa. Dated May 1, 1951. Due on Nov. 30, 1951. 4,085,000 Hartford, Conn., 52nd series, and $2,835,000 53rd series. Dated May 1,1951. Due office. payable at the County Treasurer's payable at the County Treasurer's office; Legality approved by Pres¬ 647,000 Blytheville, Ark. Dated May 1, 1951. Due on Nov. 9, 1951. any on years J. Dated Nov. 30, • • Treasurer's Town office. inverse ;> May 1, 1951. Due the gality approved by the Attorney- May l.from 1953 to 1957 inclu¬ sive. Principal and interest (M-N) 15 from 1953 to 1966 inclusive. The bonds are call¬ able. Principal and interest (A-O) ' sealed on of in order Treasurer's • v'V" Heike, receive bonds. (PST) a.m. purchase seven of $13,785,000 Baltimore, Md. Dated May 1, 1951. Due on Nov. 9, 1951. for the Callable after Clark Note Offering—Sealed bids will - receive & Horowitz of Seattle. be , Burgett, numerical STATES Public Housing Administration (Washington, D. C.), Wash., D. C. of Eva date Le¬ Henr.y-Seay & Co., both of Dallas, 100.07. Dated Feb. 1, 1951. Legal¬ (CST) on April 2 for the purchase of $750,000 school house ity approved by Dumas, Huguen¬ bonds. Dated April 10, 1951. Due in & Boothman, of Dallas. on April 10 from 1952 to 1967 in¬ Nueces County, Lower Nueces clusive. River Water Supply District Principal and interest (A-O) payable at the National (P. O. Corpus Christi), Texas Bank of Commerce, Houston. The Bond Offering—Edgar Linkenbonds maturing on or after 10 hoger, President of Board of Di¬ years from their date are callable. rectors, will receive sealed bids Legality approved by Chapman & until 4 p.m. (CST) on April 9 Cutler, of Chicago, or by Vande- for the purchase of $450,000 un¬ water, Sykes. Heckler & Gallo¬ limited tax and revenue, second series bonds. Dated April 1, 1951. way, of New York City. 12 clusive. DISTRICT OF COLUMBIA p.m. will 1:30 000 road building bonds. Dated May 1, 1951. Due on May 1 from 1952 to 1961 inclusive. Principal and interest (M-N) payable at (CST) will — Treasurer, April proved UNITED Roy — p.m. (CST) on April 2 for the purchase of $50,- chase $14,000 series A general obligation Dated April 15, 1951. Due on April 15 from 1953 to 1966 in¬ hurst & and Clerk, until ceive bonds. gality approved by McCall, ParkCrowe, of Dallas. Dist., Texas of office. Offering - sealed bids until 10:30 on Principal payable at (A-O) Treasurer's State Bond County callable. are interest and bids Offering - HazebDell School Washington ' ■ and 1967 Town JB - County, ~ The in maturing of improvement Dist. No. 53 (P. O. Vancouver), 15 inclusive. 1981 to the general on WASHINGTON * -•*' Dated April on for (EST) purchase noon Wis. Canton, Bond Wisconsin Texas bonds. 1951. Due thereafter \ Company Dist., until bonds. Le¬ Dumas, (CST) on April purchase of $300,000 1952 purchased by the Central Invest¬ ment by Sch. house-1951 15, from Sale—The issue of $125,school buijding bonds was 000 inclusive. 15 p.m. the April the Sch. 7:30 for school 1962 Bank, Houston. Legality by Chapman & Cutler, Ind. Ind. Benito until callable. Principal and Chicago. 1964 to bids April 18 $400,000 Dated banks, Jr., Secretary of Board of Trustees, will receive sealed bids interest (A-O) payable at the City National sealed Bond Offering—Tom E. March- obligation refunding purchased by Rowles, bonds maturing in are . Bond Musser, Clark Winston & Co., of Houston, as 3V4S. Dated April 10, 1951. Due on April 10 from 1957 to 1971 inclu¬ sive The 1.99%. Due on April approved Staunton, Va. Offering — Catherine J. City Clerk, will receive $395,- was pur¬ Huguenin & Boothman, of Dallas. Texas issue 1952 gality 1951. WISCONSIN 1220— Lynch, VIRGINIA issue of about of 173, p. Merrill to (P. O. Dallas Rupe & Son, of a price of 100.06, 15, from Jan. Sale—The basis a April water Pierce, Fenner & Beane, of New York City, at a net interest cost 2s, at as $60,000 of about 3.20%. School District Sale—The Dallas, sold to the Co., of Dallas, as a price of par. Galena Park, 26—v. awarded were of Austin. building-1951 bonds chased by proved Bond March on Kilgore), Texas Bond TEXAS & son Sale—An issue of $40,000 Bond water works bonds 000 ;'v CAROLINA Georgetown, S. C. Bond 1966 inclu¬ Sale—The Monday, April 2, 1951 . Everett, as 2V4S, at a price of 100.28, a basis of about 2.18%. Centerville, Utah „vBond . works revenue-1951 bonds offered & Boothman, of Dallas, and Gib¬ Austin. Legality approved bonds 000 & on payable at the American National Thorndike, Palmer & Dodge, of . 1952 to Due Bank sive. Principal and interest (M-S) John L. Monti, of Bos¬ Legality approved by Storey, SOUTH 1951. Chemical v Co., New York City. Legal¬ ity approved by Dumas, Huguenin Croshyton, Texas First National Bank, Boston. 1, the at j Trust on April 3 for the purchase $175,000 school house bonds. 000 April 4 for the purchase of $300,©00 temporary loan notes. Dated April 4, 1951., Due on Nov. 6,1951. Principal and interest payable at ton. able by Gibson & Gibson, of Austin. Town Treasurer, will receive seal¬ ed bids until 2 p.m. (EST) on the will (CST) of UTAH The bonds maturing April 1, 1962 to 1980 are callable. Principal and interest (A-O) pay¬ receive sealed bids until 7:30 p.m. Westerly, R. I. Note Schools, of April 1 from 1961 to 1980 on inclusive. Bond Offering—R. C. Beachum, Bank, ISLAND Due Sch. Dist., T exas on . J Current redemption value.